Fixed Term

Part of Options ISA

Our Fixed Term ISA has now closed due to high demand.

We will be launching a new Fixed Term offer in the future. To ensure you don’t miss out please leave your details below and we’ll be in touch as soon as the offer launches.
The data you provide will only be used to contact you about our Options ISA. It will not be used for any other purpose.

What is the Options ISA?

The Options ISA is a stocks and shares ISA that gives you four different, tax-efficient options to save lump sums, regular amounts or both. You can pick just one option, split your money across several or put money into different options, at different times. 

So, whether you’re looking for a fixed rate, total security, potentially better returns or a combination of all of these, you can get them all with our Options ISA plan.

Our Options ISA includes other options you may find of interest:

Anytime Access

For savers who want money-back protection on their investment at all times

More info

Protected Growth

For savers looking to invest a lump sum over five years or more with guaranteed protection

More info

Non Guaranteed

For savers who are willing to sacrifice guarantees for potentially higher returns

More info

You may also want to know how different options can work together. Click here to see how, using our Options ISA Calculator.

And finally, if you want to look into the benefits of a stocks and shares ISA versus a Cash ISA, please seek professional advice.

Why Fixed Term?

This has been designed for savers who wish to invest a lump sum over a fixed term for fixed growth. For absolute certainty, you have the protection of a money back guarantee at all times.

You’ll need to put in a minimum lump sum of £1,000, where it will grow by a fixed percentage over a set period. You can withdraw your money at any time (remember though, you will only get back what you initially invested).

If you’re on the lookout for higher growth potential, you may wish to consider our Protected Growth or Non Guaranteed options.

Options ISA brand image

Key features

Fixed growth

Grow your investment by a fixed percentage over a set period of time with no charges.

Fixed investment

The minimum lump sum investment is £1,000.

Fixed guarantee

The Fixed Term option comes with a money back guarantee at all times. However, if your money is withdrawn before the end of the fixed term, only the amount invested can be accessed.

Previous fixed term offers

Please see the table below. It shows the previous fixed term offers.

Offer Fixed rate (annual) Term Status
Issue 11 1.3% 2 years Closed 25/08/2017
Issue 10 1.2% 15 months Closed 19/05/2017
Issue 9 1.4% 3 years Closed 10/03/2017
Issue 8 1.4% 2 years Closed 28/11/2016
Issue 7 1.75% 3 years Closed 19/10/2016
Issue 6 1.5% 15 months Closed 31/08/2016
Issue 5 1.6% 2 years Closed 27/07/2016
Issue 4 1.9% 3 years Closed 10/06/2016
Issue 3 1.8% 1 year Closed 19/04/2016
Issue 2 2.20% 3 years Closed 03/03/2016
Issue 1 2.10% 2 years Closed 08/02/2016

Am I eligible?

Yes, if you’re a UK resident. The minimum age for opening a plan is 18 and the maximum age you can add money is 85. You will also need to be a serving/retired police employee, Special or a member of their family.

Partners and wider family of the above, including parents, brothers and sisters, children and grandchildren, nieces and nephews, brothers and sisters-in-law and parents-in-law are also eligible.

Family eligbility cards


How do I save?

You can invest a lump sum by card, bank or building society account transfer, cheque (not online) or ISA transfer.

Important information

It’s important you understand all of the key features of the Options ISA if you are considering applying

Register now

We will be launching a new Fixed Term offer in the future.
To ensure you don't miss out, please register your details and we'll be in touch as soon as the offer launches.

Register now

These products are provided by Police Mutual Assurance Society Limited trading as Police Mutual, more information is available on our legal page.