Fixed Reward Saver Application Form
Available from 1st April 2026. Applications submitted before this date will be processed once the account becomes available.
4.50% AER (Fixed) | Lump sum savings
The Fixed Reward Saver is a fixed-rate savings account designed for members who want to deposit a lump sum and earn a guaranteed return over a set period.
It offers a competitive fixed interest rate and is ideal for members who can commit their savings for the full term without access.
You can open this account at any time. The interest rate is fixed from the date your account is opened until 31st March 2027, and all accounts mature on 31st March 2027. This means the earlier you open your account, the longer your savings can earn interest before maturity.
Key Account Information:
• Interest Rate: 4.50% Gross / 4.50% AER (Fixed)
• Term: From account opening until 31st March 2027
• Minimum Deposit: £2,500
• Maximum Balance: £120,000
• Additional Deposits: Allowed
• Withdrawals: Not permitted during the term
• Interest Paid: 31st March 2027
Important Information:
• Withdrawals are not permitted during the fixed term
• If the account is closed early, no interest will be paid
• The account will mature on 31st March 2027
• At maturity, your account may automatically renew unless you instruct otherwise
• You must be aged 18 or over and a member of Enterprise Credit Union
• Eligible deposits are protected up to £120,000 by the Financial Services Compensation Scheme (FSCS)