INTEREST RATES FOR REINVESTMENT ACCOUNTS
These accounts were available for the reinvestment of maturities from specific National Counties savings bonds and ISAs.
Please note: The reinvestment account(s) relevant to your maturing savings bond or ISA will be specified in your maturity letter.
All our savings accounts are FSCS protected. 
| Reinvestment accounts for savings bonds | Balance | Gross | Gross AER^ |
| 1st, 2nd, 3rd, 4th and 5th Issue Bond Saver | |||
| Annual interest | £1,000+ | 3.50% | 3.50% |
| (Rate effective from 31 August 2023) | |||
| Matured Capital Bond | |||
| Annual interest | £50,000 | 3.50% | 3.50% |
| (Rates effective from 31 August 2023) | £1+ | 3.40% | 3.40% |
| Matured Savings Bond | |||
| Annual interest | £50,000 | 3.50% | 3.50% |
| (Rates effective from 31 August 2023) | £1+ | 3.40% | 3.40% |
| Reinvestment accounts for ISAs | Balance | Tax-Free# | AER^ |
| Second Issue Cash ISA | |||
| Annual interest | £1+ | 3.50% | 3.50% |
| (Rates effective from 31 August 2023) |
Your maturing bond or ISA may have been automatically reinvested into a Family Building Society product, or you may have chosen to reinvest your savings bond or ISA into an alternative product offered by the Family Building Society. For a full list of Family Building Society interest rates for reinvestment accounts please click here.
^ AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.
# Interest is paid tax-free as it is currently exempt from income tax. The future tax treatment of Individual Savings Accounts may vary.