Enjoy higher interest with a Fixed Term Investment
Sign into the Member Investment Portal
See what you could earn with a Fixed Term Investment (FTI)
Minimum investment: £500
Maximum investment: £99,999
| Term | Gross | AER |
| One Year | 6.00% | 6.00% |
| Two Year | 6.00% | 5.83% |
| Three Year | 6.00% | 5.67% |
Gross: The interest we'll pay before any taxes or charges are deducted.
AER (Annual Equivalent Rate): The total interest your investment could earn over a year, and an easy way to compare our FTI with other savings products.
You can apply for as many Fixed Term Investments as you want, provided each is at least £500 and the combined total does not exceed £99,999.
An ethical way to invest
From changing lives through programmes like Fairer Futures to reducing food waste and funding community groups, together, we make the world a little kinder, greener, and healthier. It's because of caring people like you that we achieve incredible things.
By investing with us, you'll not only benefit from a guaranteed return, but you'll also become part of something bigger and special. Your money will help power causes that matter to our members and reflect our long-standing values as a co-operative society.
Apply for a Fixed Term Investment online with our easy-to-use Member Investment Portal
If you have already registered on the portal, you can simply log in and begin your application for a Fixed Term Investment.
If you haven't used our Member Investment Portal yet, not to worry, you can click on 'Apply Now' below and then select 'Register' when you visit the portal. Once your registration is completed, you can apply for a Fixed Term Investment via the portal.
Apply now 
Need support?
Our Member Investments Team are here to help. Here's how you can get in touch with us:
Address: Member Investments Team, The Midcounties Co-operative, Co-op House, Warwick Technology Park, Warwick, CV34 6DA
Phone: 0800 093 7553
Email: investments@midcounties.coop
Helpful Information
What is the minimum & maximum investment?
The minimum investment is £500. If you have less than this, you may want to consider placing it in your Share Account, with easy access instead. The maximum you can invest is £99,999.
Do I need to be a member to open a Fixed Term Investment?
You do indeed need to be a member. You can sign up here, and once you become a member, you'll be welcome to apply for a Fixed Term Investment.
Can I have more than one Fixed Term Investment?
Absolutely, provided each one is at least £500 and the combined total is no more than £99,999.
What do AER and Gross mean?
We get asked this a lot! Gross is the interest we'll pay before deducting any taxes or charges. AER stands for Annual Equivalent Rate, which is the total interest your investment could earn over a year. The AER is also an easy way to compare our FTI with other savings products.
Can I transfer money from my Share Account to a Fixed Term Investment?
If you have a balance of £500 or more in your Share Account, you can transfer it to an FTI to earn a higher rate of interest. Just remmeber to keep £1 in your Share Account so it stays open for you.
What happens at the end of the investment term?
When your investment matures, you have several choices:
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Transfer the money to your bank account.
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Transfer the money to your Share Account
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Reinvest some or all of the money in a new Fixed Term Investment
You don't need to decide anything now. We'll write to your at the end of your investment term and ask what you want to do.
How do I qualify for a Fixed Term Investment?
When you apply to open a Fixed Term Investment, we'll ask our partner, Smart Search Limited, to perform anti-money laundering checks. This process leaves a 'soft footprint' on your credit file. It's used solely for audit purposes and is distinct from a full credit check. Please be assured it won't impact your credit score. If the check results are unclear or if we need more information, our investments team will contact you. Otherwise, you can expect a letter enclosing your Share Captial Certificate with your investment number. Your letter should arrive within one to three weeks of your application.
The important legal bits
T&Cs
Please review our Terms and Conditions if you want to save with us.
We'll ask you to accept them before you deposit funds into your Share Account.
Our Code of Practice
Learn about the standards we comply with and understand the risks before you proceed.
Are these Fixed Term Investments covered by the Financial Services Compensation Scheme (FSCS)?
The FSCS does not cover our Fixed Term Investments as The Midcounties Co-operative is not an authorised financial services firm. However, our Society is formally recognised under the Co-operative and Community Benefit Societies Act 2014. We are registered with the Mutuals Registrar, which is part of the Financial Conduct Authority (FCA).