Check available bonds
Bonds are listed by interest rate and maximum and minimum deposit.
Our top 5 year fixed rate bonds
Accurate as of 13 December 2025
Results preview sorted by highest to lowest interest rates - to compare our complete list of savings accounts, including cash ISAs and fixed term bonds, view our full results table.
What is a fixed rate bond?
Fixed rate bonds are a type of savings account that lock away your money for a 'fixed' period, from 9 months to five years.
Depending on the provider, interest is paid annually, monthly, or quarterly. You’ll usually collect your returns at the end of the term.
Unlike easy access savers, withdrawing money from fixed rate bonds will result in losing your interest rate - so be sure you don't need access before opening one.
How do fixed-rate bonds work?
1) Choose your bond: Compare the interest rates available and the length of the bond term before making your choice
2) Deposit your money: Pay at least the minimum deposit into the savings bond. You can’t usually add to your initial deposit at a later date
3) Collect your money with interest: When the bond matures you can withdraw your money plus the interest it’s earned – which will be at the fixed rate
How does a 5 year fixed rate bond work?
With a fixed rate bond you agree to tie up your money for a set period, in this case five years, with a guaranteed interest rate. Cash can’t be touched until the bond matures.
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Make a lump sum deposit
Open your bond online and make a one-off lump sum deposit.
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Don't touch it
Your savings are locked up for five years. A penalty might apply for early withdrawals.
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Take your returns
After five years you can withdraw your cash and interest or move it to a new bond or savings account.
How much can I earn in a 5 year fixed rate bond?
How much you can earn on your five-year fixed rate bond will depend on:
The annual interest rate on the bond
How much you can deposit into the bond
Our table compares different deposit sizes and annual interest rates for a five-year fixed rate bond so you can see the typical returns over the term.
Initial deposit | Fixed rate 2.5% | Fixed rate 3% | Fixed rate 3,5% |
|---|---|---|---|
£5,000 | £5,665 | £5,808 | £5,955 |
£10,000 | £11,330 | £11,616 | £11,909 |
£15,000 | £16,995 | £17,424 | £17,864 |
*Figures in the table are for illustration purposes only and do not relate to products available on MoneySuperMarket.
What are the pros and cons of a five-year fixed rate bond?
Thinking about a long-term fixed rate savings bond? Here are some pros and cons to consider before taking the plunge:
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Advantages
Returns are guaranteed so you can plan financially
Funds are protected by the Financial Services Compensation Scheme
Can be a safer option for medium and long-term saving
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Disadvantages
Money is locked away for five years and rates could rise
May find better returns elsewhere, albeit with extra risk
You may have to pay tax on the interest unless it’s in an ISA
How to choose the best five year fixed rate bond
Before deciding which five-year fixed rate bond to go for, think about the following factors:
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What's the interest rate?
This will determine how much you get back when the bond matures.
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What's my deposit?
The size of your savings pot may be too low or too high for certain bonds.
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Are there penalty charges?
Fixed rate bonds will often charge the saver a fee to withdraw funds early.
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Is it easy to manage?
Logging in online or through an app can be helpful.
Why compare five-year fixed rate bonds with MoneySuperMarket?
We can help find the right long-term savings plan for you.
Our expert says…
If you can afford to lock your money away for an extended period, a five-year bond has a lot to recommend it. What’s more, amid persistent uncertainty over the future of savings rates, our top-paying five-year fixed-rate bond (currently at 4.26%
^ could be a good way to locking into a guaranteed return and the peace of mind that comes with it.
Kara Gammell Personal Finance & Insurance Expert
What happens after the five year fixed rate period ends?
When the five-year time period finishes your bond will mature.
Typically your bond provider will write to you to tell you your options. This might include withdrawing your savings and interest, having the money paid into your current account, or you could choose to move the money into a new fixed rate bond (although the rates are likely to be different).
It is usually sensible to take your money after your bond matures. If you leave the money for a time it is likely to earn little or no interest.
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Compare 5 year fixed rate bonds with MoneySuperMarket
You can view our wide range of fixed rate bonds quickly and easily, helping you make your decision.
Learn more about fixed rate bonds and savings
What happens if I want to withdraw my money early from a five-year fixed rate bond?
Withdrawing money early should be a last resort as you are likely to be hit with a penalty fee which could wipe out any gains you might have made. If you think you might need the cash early, check the terms and conditions before you apply.
Can I extend the term of my fixed rate bond?
No, a five-year fixed rate bond lasts for five years and isn’t flexible. If you want to lock your money away for longer then you can move it into another bond on maturity – but the interest rates are likely to have changed.
What interest rate can I get on a fixed rate bond?
The interest rates on offer will depends on the Bank of England’s base rate (prevailing interest rates) and the individual provider. As the base rate rises, bond rates should also rise. It’s always worth searching the market before making a final decision to ensure you’re getting good value.
How much can I save in a 5 year bond?
The maximum amount you can invest in a five-year fixed rate bond varies depending on the provider. Most providers let you put at least £120,000 into a bond – equivalent to the amount that is protected under the Financial Services Compensation Scheme – although some bonds let you save much more.
Is my money protected by the FSCS?
Your cash savings are protected up to the first £120,000 per financial institution as long as the bond provider is part of the Financial Services Compensation Scheme (FSCS). This is a scheme backed by the government in the unlikely event that the bank or building society in question runs into financial difficulty.
How long can I wait between my first and last deposit?
Most fixed rate bond accounts only accept an initial lump sum deposit, but some may remain open to funds for a short time after you open the bond. Check with your provider for the cut-off date for deposits.
Is interest paid monthly or at the end of the bond?
Interest can be paid monthly, quarterly or annually, depending on your provider. You’ll usually collect your returns at the end of the term when you withdraw the cash. Or you can sometimes nominate a separate bank account for the interest to be paid into.
What is AER?
AER stands for 'Annual Equivalent Rate' and shows how much interest you'd earn over the savings account or bond term.
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Reviewed on 12 Dec 2025 by
Accurate as of 12 December 2025.