Demo rate card4.75% AER / gross p.a. (variable, tracking the demo Forest Base Rate of 4.50% plus 0.25%)
The pound values and percentages on this page are invented AcornBank product terms, chosen for a realistic bank-style example. They are not current market offers, an invitation to deposit or invest money or a forecast of what a real bank will pay.
| Product detail | Demo terms |
|---|---|
| Account type | 2-year variable-rate bond |
| Rate, reward or charge | 4.75% AER / gross p.a. (variable, tracking the demo Forest Base Rate of 4.50% plus 0.25%) |
| Opening / maximum balance | £1,000.00 to £250,000.00 |
| Access | No top-ups or withdrawals during the 24-month term; principal and interest available at maturity |
| Eligibility in the scenario | One adult aged 18 or over able to leave the deposit untouched for 24 months |
| Fees | No model account fee |
| Currency | GBP (£), used solely for fictional calculations |
Try your own numbers
Change the amounts to see what Willow Tracker Bond would do in the story. Fictional figures, no application, no advice.
- Interest in the first year
- £475.00Credited yearly and re-invested
- Extra earned by compounding
- £236.60£2,375.00 is what paying the interest out would earn over the same term.
- That is per month, roughly
- £39.58First-year interest spread over twelve months.
- Access during the term
- NoneMoney is locked until maturity in the model.
Year by year, interest re-invested
| Year | Interest that year | Balance | Total interest |
|---|---|---|---|
| 1 | £475.00 | £10,475.00 | £475.00 |
| 2 | £497.56 | £10,972.56 | £972.56 |
| 3 | £521.20 | £11,493.76 | £1,493.76 |
| 4 | £545.95 | £12,039.71 | £2,039.71 |
| 5 | £571.89 | £12,611.60 | £2,611.60 |
Willow Tracker Bond in charts
The same fictional model as the tables below, drawn rather than written. Hover or focus a mark for its value, or open the table view.
Interest credited annually and rounded to the penny; figures exclude tax unless the wrapper is tax-free.
View as a table
| Category | Interest |
|---|---|
| £1,000 | £97.26 |
| £5,000 | £486.28 |
| £10,000 | £972.56 |
| £25,000 | £2,431 |
| £50,000 | £4,863 |
The rate is held constant for the illustration; a tracker would move with its reference rate.
View as a table
| Point | Balance |
|---|---|
| Start | £10,000 |
| Year 1 | £10,475 |
| Year 2 | £10,973 |
What could your balance look like at 24-month maturity?
| Opening deposit | Demo AER | Total interest | Closing balance |
|---|---|---|---|
| £1,000.00 | 4.75% | £97.26 | £1,097.26 |
| £5,000.00 | 4.75% | £486.28 | £5,486.28 |
| £10,000.00 | 4.75% | £972.56 | £10,972.56 |
| £25,000.00 | 4.75% | £2,431.41 | £27,431.41 |
| £50,000.00 | 4.75% | £4,862.81 | £54,862.81 |
| £100,000.00 | 4.75% | £9,725.63 | £109,725.63 |
Assumptions: one opening deposit, no additions or withdrawals, no fees or tax, and the stated rate for the whole period. Interest is credited once at each anniversary and rounded to the nearest penny, with half-pennies rounded up. AER and gross p.a. match in this annual-credit model.
The projection stops at 24-month maturity. No rate is promised beyond that date. Reinvestment would require a new fictional product and new terms. The tracker rate is held constant for the illustration; a real tracker would move with its reference rate, so every row could change.
Willow Tracker Bond is 2-year variable-rate bond in the Savings range, used for locking money away for two years while the rate follows the market. Its live rate card, summary and worked tables sit above this text and update whenever the product record changes.
Follow the numbers, not just the headline
The tables show the opening amount, time period and result for this product type. Savings figures are before tax unless the wrapper is tax-free; investment figures are scenarios, not forecasts; borrowing figures separate payments, interest and outstanding balance. A displayed result is conditional on its assumptions, not a guarantee. Keep unrelated examples separate rather than adding their balances together.
See the whole Savings range or compare every product on the rates page.
What the example does not promise
All figures are invented and shown to make the demo useful to read and crawl. No money is held, no application is available, and no deposit-protection, regulatory or tax-wrapper status is claimed. Calculations do not account for personal tax, inflation or unstated changes in rates. The fictional bank manager can guarantee only that the next paragraph contains no real acorns.
Related reading
- This Is a Fictional Bank — No Real Banking Here
- Site Map — Every Branch of AcornBank
- Rates — Savings, Borrowing and Rewards
- Help — Unruffle Your Tail
- Savings — Pots, Bonds and Notice Hollows
- Willow Tracker Bond — How Much Fits in a Hollow?
- Willow Tracker Bond — Compare the Canopy
AcornBank: entirely fictional banking, exceptionally committed squirrels.