Compare fixed rate bonds.

If you’re looking to invest a lump sum, a fixed rate bond could be perfect. It pays a guaranteed amount of interest for a set length of time. You probably won’t be allowed to access your savings during the fixed term, so invest money you can afford to lock away.

Compare one year fixed rate bonds - featured accounts - Ordered by interest rate (AER)

Apply for the accounts below today or see all fixed rate bond accounts

  1. Great for
    Online application and access
    A choice between monthly or annual interest
    FSCS protection up to £85,000 per depositor
    But be aware that
    Withdrawals are not permitted within the fixed term
  2. Great for
    A choice between monthly or annual interest
    But be aware that
    Additional deposits, early account closure and withdrawals are not permitted within the fixed term
  3. Great for
    Interest paid monthly or on maturity
    The rate of interest is fixed for the entire period of the deposit
    An instant access savings account will automatically be opened when you apply
    But be aware that
    Withdrawals, early closures or additional deposits cannot be withdrawn before maturity
  4. Anticipated Profit Rate

    BLME will only invest your funds into Sharia'a compliant investments

    Great for
    Largest Islamic bank in Europe, regulated by the PRA and FCA with FSCS protection
    BLME will only invest your funds into Sharia’a compliant investments
    But be aware that
    Withdrawals are not permitted within the fixed term
  5. Great for
    UK regulated bank and FSCS protection up to £85,000 per depositor
    1.60% AER for deposits £50,000 to £200,000, 1.50% AER for deposits £30,000 < £50,000, 1.45% AER for deposits £10,000 < £30,000
    Monthly and quarterly interest options
    But be aware that
    Withdrawals are not permitted within the fixed term
  6. Great for
    A choice between monthly or annual interest
    Available to new and existing customers
    But be aware that
    Withdrawals or early closure are not permitted within the fixed term
    Additional deposits cannot be made after 30 days of opening your account
  7. Great for
    Simple online application
    But be aware that
    Withdrawals are not permitted within the fixed term
  8. Great for
    Choose annual interest of 1.20% gross/AER fixed or monthly interest of 1.19% gross/1.20% AER fixed
    Applying online or by phone
    But be aware that
    Monthly interest cannot be paid back to the account
    No additional deposits or withdrawals are permitted within the fixed term
  9. 2015 SUPERS

    Winner of the best savings provider

    Great for
    Choose annual interest of 1.20% gross/AER fixed or monthly interest of 1.19% gross/1.20% AER fixed
    Halifax Savers Prize Draw: Register and hold £5,000+ in qualifying Halifax and/or Bank of Scotland savings accounts for the whole calendar month before each draw. Customers living in England, Wales & Scotland aged 18+ only (Not NI)
    But be aware that
    No additional deposits or withdrawals are permitted within the fixed term
    Early closure is allowed subject to the loss of 90 days gross interest

Compare 18 month fixed rate bonds - featured accounts - Ordered by interest rate (AER)

Apply for the accounts below today or see all fixed rate bond accounts

  1. Anticipated Profit Rate

    BLME will only invest your funds into Sharia'a compliant investments

    Great for
    Largest Islamic bank in Europe, regulated by the PRA and FCA with FSCS protection
    BLME will only invest your funds into Sharia’a compliant investments
    But be aware that
    Withdrawals are not permitted within the fixed term
  2. Great for
    A choice between monthly or annual interest
    Opening and managing your account online
    Making additional deposits while the E-Bond is available
    But be aware that
    Withdrawals or early closure are not permitted within the fixed term
    • Provider/Product name Online Tracker Bond

      Halifax

      Online Tracker Bond

    • Interest rate (AER) 1.30% Variable
    • Min/Max opening amount £50,000 to £9,000,000
    • Notice / Term Term: 18 month bond
    • Account type Fixed Term Bond
    • Access Internet Post Telephone In Branch
    • Go to site

      More details

    Savers Prize Draw

    Three top prizes of £100,000 to be won every month

    Great for
    1.24% gross / 1.25% AER variable on balances of £500 to £49,999. 1.29% gross / 1.30% AER variable for £50,000+. Rates go up or down in line with BoE Bank Rate changes
    Open your account online in minutes
    Halifax Savers Prize Draw: Register and hold £5,000+ in qualifying Halifax and/or Bank of Scotland savings accounts for the whole calendar month before each draw. Customers living in England, Wales & Scotland aged 18+ only (Not NI)
    But be aware that
    No withdrawals or additional deposits are allowed during the term of the account. Early closure is allowed subject to the loss of 135 days gross interest
    Variable gross monthly interest rate that tracks at a fixed amount above the Bank of England Bank Rate (0.50%) for 18 months
    If the BoE Bank Rate changes during the term, your interest rate will change on the first working day of the following month. Rates can go up or down
  3. Savers Prize Draw

    Three top prizes of £100,000 to be won every month

    Great for
    1.24% gross / 1.25% AER variable on balances of £500 to £49,999. 1.29% gross / 1.30% AER variable for £50,000+. Rates go up or down in line with BoE Bank Rate changes
    Open your account online in minutes
    Halifax Savers Prize Draw: Register and hold £5,000+ in qualifying Halifax and/or Bank of Scotland savings accounts for the whole calendar month before each draw. Customers living in England, Wales & Scotland aged 18+ only (Not NI)
    But be aware that
    No withdrawals or additional deposits are allowed during the term of the account. Early closure is allowed subject to the loss of 135 days gross interest
    Variable gross monthly interest rate that tracks at a fixed amount above the Bank of England Bank Rate (0.50%) for 18 months
    If the BoE Bank Rate changes during the term, your interest rate will change on the first working day of the following month. Rates can go up or down

Compare two year fixed rate bonds - featured accounts - Ordered by interest rate (AER)

Apply for the accounts below today or see all fixed rate bond accounts

  1. Great for
    Online application and access
    A choice between monthly or annual interest
    FSCS protection up to £85,000 per depositor
    But be aware that
    Withdrawals are not permitted within the fixed term
  2. Anticipated Profit Rate

    BLME will only invest your funds into Sharia'a compliant investments

    Great for
    Largest Islamic bank in Europe, regulated by the PRA and FCA with FSCS protection
    BLME will only invest your funds into Sharia’a compliant investments
    But be aware that
    Withdrawals are not permitted within the fixed term
  3. Great for
    UK regulated bank and FSCS protection up to £85,000 per depositor
    1.90% AER for deposits £50,000 to £200,000, 1.85% AER for deposits £30,000 < £50,000, 1.80% AER for deposits £10,000 < £30,000
    Monthly and quarterly interest options
    But be aware that
    Withdrawals are not permitted within the fixed term
  4. Great for
    A choice between monthly or annual interest
    But be aware that
    Additional deposits, early account closure and withdrawals are not permitted within the fixed term
  5. Great for
    A choice between monthly or annual interest
    Available to new and existing customers
    But be aware that
    Withdrawals or early closure are not permitted within the fixed term
    Additional deposits cannot be made after 30 days of opening your account
  6. Great for
    Choice between annual interest of 1.70% gross/AER fixed or monthly interest of 1.69% gross/1.70% AER fixed
    Applying online or by phone
    But be aware that
    Withdrawals are allowed subject to a charge. The charge will depend on the remaining term of the account and is the equivalent of either 90 or 180 days gross interest
    The charge will be taken from the account balance and, depending on when the withdrawal is made, may result in you getting back less than you originally deposited
    Additional deposits are not permitted. Available to UK residents over 50 only
  7. Great for
    Opening and viewing your account online
    But be aware that
    Withdrawals are not permitted within the fixed term
  8. 2015 SUPERS

    Winner of the best savings provider

    Great for
    Choose annual interest of 1.40% gross/AER fixed or monthly interest 1.39% gross/1.40% AER fixed
    Halifax Savers Prize Draw: Register and hold £5,000+ in qualifying Halifax and/or Bank of Scotland savings accounts for the whole calendar month before each draw. Customers living in England, Wales & Scotland aged 18+ only (Not NI)
    But be aware that
    No additional deposits or withdrawals are permitted within the fixed term
    Early closure is allowed subject to the loss of 180 days gross interest

Compare three year fixed rate bonds - featured accounts - Ordered by interest rate (AER)

Apply for the accounts below today or see all fixed rate bond accounts

    • Provider/Product name Fixed Rate Savings Account

      Agribank

      Fixed Rate Savings Account

    • Interest rate (AER) 2.70% Fixed
    • Min/Max opening amount £10,000 to £1,000,000
    • Notice / Term Term: 3 year bond
    • Account type Fixed Rate Bond
    • Access Internet Post Telephone In Branch
    • More details

    Great for
    A guaranteed rate of interest for the full term of the product, which is payable annually or on maturity
    Available as a sole or joint account
    Malta Depositor Compensation Scheme cover up to a maximum amount of €100,000 or its equivalent in any EEA currency (including GBP) per depositor
    But be aware that
    Withdrawals are not permitted within the fixed term
    Available to UK residents aged 18 or over who have an account with an existing UK bank
  1. Great for
    A fixed rate of interest for the entire term of the account
    A choice between monthly or annual interest
    FSCS protection up to £85,000 per depositor
    But be aware that
    Withdrawals are not permitted within the fixed term
  2. Anticipated Profit Rate

    BLME will only invest your funds into Sharia'a compliant investments

    Great for
    Largest Islamic bank in Europe, regulated by the PRA and FCA with FSCS protection
    BLME will only invest your funds into Sharia’a compliant investments
    But be aware that
    Withdrawals are not permitted within the fixed term
  3. Great for online

    Great for online application and ability to view your account online

    Great for
    UK based bank with FSCS protection
    A choice between monthly or annual interest
    Supported by a dedicated UK based customer service team
    But be aware that
    Additional deposits and withdrawals are not permitted within the fixed term
  4. Great for
    A choice between monthly or annual interest
    But be aware that
    Additional deposits, early account closure and withdrawals are not permitted within the fixed term
  5. Great for
    UK regulated bank and FSCS protection up to £85,000 per depositor
    2.10% AER for deposits £50,000 to £200,000, 2.05% AER for deposits £30,000 < £50,000, 2.00% AER for deposits £10,000 < £30,000
    Monthly and quarterly interest options
    But be aware that
    Withdrawals are not permitted within the fixed term
  6. Great for
    A choice between monthly or annual interest
    Opening and managing your account online
    Making additional deposits while the E-Bond is available
    But be aware that
    Withdrawals or early closure are not permitted within the fixed term
  7. Great for
    A choice between monthly or annual interest
    Available to new and existing customers
    But be aware that
    Withdrawals or early closure are not permitted within the fixed term
    Additional deposits cannot be made after 30 days of opening your account
  8. Great for
    Opening and viewing your account online
    But be aware that
    Withdrawals are not permitted within the fixed term
  9. 2015 SUPERS

    Winner of the best savings provider

    Great for
    Choose annual interest of 1.60% gross/AER fixed or monthly interest of 1.59% gross/1.60% AER fixed
    Halifax Savers Prize Draw: Register and hold £5,000+ in qualifying Halifax and/or Bank of Scotland savings accounts for the whole calendar month before each draw. Customers living in England, Wales & Scotland aged 18+ only (Not NI)
    But be aware that
    No additional deposits or withdrawals are permitted within the fixed term
    Early closure is allowed subject to the loss of 270 days gross interest

Compare four year fixed rate bonds - featured accounts - Ordered by interest rate (AER)

Apply for the accounts below today or see all fixed rate bond accounts

  1. Anticipated Profit Rate

    BLME will only invest your funds into Sharia'a compliant investments

    Great for
    Largest Islamic bank in Europe, regulated by the PRA and FCA with FSCS protection
    BLME will only invest your funds into Sharia’a compliant investments
    But be aware that
    Withdrawals are not permitted within the fixed term
  2. Great for
    UK based bank with FSCS protection
    A choice between monthly or annual interest
    Supported by a dedicated UK based customer service team
    But be aware that
    Additional deposits and withdrawals are not permitted within the fixed term
  3. Great for
    A choice between monthly or annual interest
    But be aware that
    Additional deposits, early account closure and withdrawals are not permitted within the fixed term

Compare five year fixed rate bonds - featured accounts - Ordered by interest rate (AER)

Apply for the accounts below today or see all fixed rate bond accounts

  1. Great for
    A guaranteed rate of interest for the full term of the product, which is payable annually or on maturity
    Available as a sole or joint account
    Malta Depositor Compensation Scheme cover up to a maximum amount of €100,000 or its equivalent in any EEA currency (including GBP) per depositor
    But be aware that
    Withdrawals are not permitted within the fixed term
    Available to UK residents aged 18 or over who have an account with an existing UK bank
  2. Great for
    A fixed rate of interest for the entire term of the account
    A choice between monthly or annual interest
    FSCS protection up to £85,000 per depositor
    But be aware that
    Withdrawals are not permitted within the fixed term
  3. Great for
    Managing your account online or in branch
    A choice between interest paid monthly, annually or on maturity
    FSCS protected
    But be aware that
    Additional deposits, early account closure and withdrawals are not permitted within the fixed term
  4. Anticipated Profit Rate

    BLME will only invest your funds into Sharia'a compliant investments

    Great for
    Largest Islamic bank in Europe, regulated by the PRA and FCA with FSCS protection
    BLME will only invest your funds into Sharia’a compliant investments
    But be aware that
    Withdrawals are not permitted within the fixed term
  5. Great for
    Long term savers
    A choice between monthly or annual interest
    But be aware that
    Additional deposits, early account closure and withdrawals are not permitted within the fixed term
  6. Great for
    Fixed term savers
    Online savers
    But be aware that
    Withdrawals are not permitted within the fixed term
  7. 2015 SUPERS

    Winner of the best savings provider

    Great for
    Choose annual interest of 1.80% gross/AER fixed or monthly interest 1.79% gross/1.80% AER fixed
    Halifax Savers Prize Draw: Register and hold £5,000+ in qualifying Halifax and/or Bank of Scotland savings accounts for the whole calendar month before each draw. Customers living in England, Wales & Scotland aged 18+ only (Not NI)
    But be aware that
    No additional deposits or withdrawals are permitted within the fixed term
    Early closure is allowed subject to the loss of 365 days gross interest

Fixed Rate Bonds Guide

What are fixed rate bonds?

Fixed rate bonds are usually savings accounts that pay a set rate of interest, agreed at the outset, for a certain term.

The interest rates available are generally higher than those on easy-access accounts – especially if you opt for a fixed rate bond that lasts for two years or more.

You will, however, pay a penalty if you need to make a withdrawal within the fixed term.

Consequently, fixed rate bonds are only suitable for savers who are prepared to lock their cash away for a few years.

Read more

What types of fixed rate bonds are available?

Most banks and building societies offer fixed rate bonds lasting for anything from six months to five years.

You will need to invest a lump sum to benefit, as you cannot generally add to your initial deposit as you might with an easy access account.

To qualify for some of the most competitive accounts, you may need a large amount. Some have minimum deposits of £10,000 or even £25,000.

However, with more than 100 on the market most of the time, you should be able to find good deals that require as little as £1,000.

What are the advantages of fixed rate bonds?

As mentioned above, fixed rate bonds usually pay higher interest rates than easy access savings accounts.

If you have some cash that you do not need access to for say two or three years, you can boost your returns by opting for a fixed rate account. This is particularly true should interest rates fall during the term.

But beware: you may find yourself locked into an uncompetitive rate should rates start to rise while your money is locked away in a fixed rate bond.

This is why shorter-term fixed rate bonds tend to be more popular, despite those lasting longer offering superior rates of return.

Either way, the simplicity of these products makes them a straightforward way to save – particularly if you can afford to keep some rainy day savings in an easy access account.

If you lack discipline, fixed rate bonds are also a good way of ensuring that you leave your nest egg untouched for a certain length of time.

And as long as the bank or building society offering the fixed rate bond is authorised by the Financial Services Authority, the Financial Services Compensation Scheme will cover deposits of up to £85,000. Please ensure you check this as some banks and organsiations do not offer FSCS cover and therefore there is a risk to your deposit when opting to save your money with that organization.

Why should you use MoneySupermarket.com to compare fixed rate bonds?

As with all types of savings accounts, the rates available on fixed rate bonds vary widely. What’s more, the best ones often sell out – or reach their target – within a week or two.

MoneySupermarket.com allows you to compare the whole fixed rate bond market in a matter of seconds. It also offers information about how to open a fixed rate bond, most of which can be opened online, over the phone or in a branch. You can therefore find the best deal quickly and easily, whether you want an account that lasts for six months or five years.

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