Compare fixed rate bonds

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.

 

These are the best accounts available to open through MoneySuperMarket. We can show you all the accounts on the market, but we can only help you to open some of them.

 

Short term fixed rate bonds - Ordered by interest rate

See all fixed rate bond accounts

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

12 month bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • High interest, short term bonds with a fixed rate for the term of the deposit
  • Apply for this product online
  • FSCS protected up to £85,000 per investor
But be aware that
  • No early withdrawals or closures allowed
  • You must be over 18 and a UK resident to open this account
  • You must fund your account within 30 days of the account opening date

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Allows unlimited top-ups for first 30 days
  • Support seven days a week and a choice of monthly or annual interest
  • Part of Renault’s global banking group
But be aware that
  • RCI Bank is part of a French banking group and the first €100,000 equivalent is protected by the French deposit guarantee scheme, rather than by the UK FSCS scheme which protects the first £85,000
Aldermore Aldermore

1 Year Fixed Rate Account

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • FSCS Protected up to £85,000
  • Quick and easy online account opening
But be aware that
  • Additional deposits, early account closure and withdrawals are not permitted within the fixed term
Clydesdale Bank Clydesdale Bank

Online Fixed Rate Bond (Issue 2)

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{2000 | currency : '' : 0}} to {{productCurrency}}{{5000000 | currency : '' : 0}}

Term

until 31.10.18

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Quick and easy online application process
  • FSCS Protected up to £85,000
But be aware that
  • No withdrawals or early closures are permitted during fixed rate period
  • At maturity, you will have two weeks to withdraw funds without notice or penalty. After the two weeks, you will need to give 95 days' notice to withdraw funds
Yorkshire Bank Yorkshire Bank

Online Fixed Rate Bond (Issue 2)

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{2000 | currency : '' : 0}} to {{productCurrency}}{{5000000 | currency : '' : 0}}

Term

until 31.10.18

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Quick and easy online application process
  • FSCS Protected up to £85,000
But be aware that
  • No withdrawals or early closures are permitted during fixed rate period
  • At maturity, you will have two weeks to withdraw funds without notice or penalty. After the two weeks, you will need to give 95 days' notice to withdraw funds

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{200000 | currency : '' : 0}}

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Interest options: monthly, quarterly, annually or upon maturity, with automatic roll-over option
  • Quick and easy online application process
  • FSCS compensation scheme
But be aware that
  • Withdrawals are not permitted within the fixed term
  • You must be aged 18 or over

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{500 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Simple online application
But be aware that
  • Withdrawals are not permitted within the fixed term
2016 SUPERS

Winner of the Best Savings Account Provider

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{500 | currency : '' : 0}} to {{productCurrency}}{{2000000 | currency : '' : 0}}

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Customers who are happy to leave their money untouched for a fixed term
  • Opening with a single deposit from just £500
  • Choose either monthly or annual interest payments
But be aware that
  • No additional deposits permitted
  • You won’t be able to close your bond unless it’s due to exceptional circumstances and a breakage fee may apply. If the interest you’ve earned doesn’t cover this, you may get back less than you put in.

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{100 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

until 02.01.19

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Online application
But be aware that
  • Withdrawals are not permitted within the fixed term
  • Post and branch access only

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{2000 | currency : '' : 0}} to {{productCurrency}}{{5000000 | currency : '' : 0}}

Term

15 month bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Choose between annual interest of 1.30% Gross/AER fixed or monthly interest of 1.29% Gross/1.30% AER fixed
  • Viewing your account online with Tesco Bank's secure Online Banking service
But be aware that
  • One single deposit within the first 30 days of account opening. Once you put your money in you can't close your account early or get your money out until the end of the term.
  • Your interest will be paid into an account nominated by you.
  • To apply you must be a UK resident and 18 years of age or over

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{5000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
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
  • No additional deposits can be made after 30 days from opening your account
  • You must be aged 18 or over and a UK resident

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{2000 | currency : '' : 0}} to {{productCurrency}}{{5000000 | currency : '' : 0}}

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Choose between annual interest of 1.16% Gross/AER fixed or monthly interest of 1.15% Gross/1.16% AER fixed
  • Viewing your account online with Tesco Bank's secure Online Banking service
But be aware that
  • One single deposit within the first 30 days of account opening. Once you put your money in you can't close your account early or get your money out until the end of the term.
  • Your interest will be paid into an account nominated by you
  • To apply you must be a UK resident and 18 years of age or over

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

6 month bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • High interest, short term bonds with a fixed rate for the term of the deposit
  • Apply for this product online
  • FSCS protected up to £85,000 per investor
But be aware that
  • No early withdrawals or closures allowed
  • You must be over 18 and a UK resident to open this account
  • You must fund your account within 30 days of the account opening date

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{5000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

6 month bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Online application and operation
  • FSCS protection up to £85,000 per depositor
But be aware that
  • Withdrawals are not permitted within the fixed term

 

Two year fixed rate bonds - Ordered by interest rate

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{200000 | currency : '' : 0}}

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Interest options: monthly, quarterly, annually or upon maturity, with automatic roll-over option
  • Quick and easy online application
  • FSCS compensation scheme
But be aware that
  • Withdrawals are not permitted within the fixed term
  • You must be aged 18 or over

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{5000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

24 month bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Online application and operation
  • FSCS protection up to £85,000 per depositor
But be aware that
  • Withdrawals are not permitted within the fixed term
Zenith Bank Zenith Bank

2 Year Fixed Term Deposit

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}} no limit

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • UK based bank with FSCS protection
  • A guaranteed rate of interest as stated for the full term of the product
  • Quick and easy online application process
But be aware that
  • Applications and deposits only taken online
  • Withdrawals are not permitted within the fixed term

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Allows unlimited top-ups for first 30 days
  • Support seven days a week and a choice of monthly or annual interest
  • Part of Renault’s global banking group
But be aware that
  • RCI Bank is part of a French banking group and the first €100,000 equivalent is protected by the French deposit guarantee scheme, rather than by the UK FSCS scheme which protects the first £85,000

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{5000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • Available to new and existing customers
But be aware that
  • Withdrawals or early closures are not permitted within the fixed term
  • No additional deposits can be made after 30 days from opening your account
  • You must be aged 18 or over and a UK resident
Aldermore Aldermore

2 Year Fixed Rate Account

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • FSCS Protected up to £85,000
  • Quick and easy online account opening
But be aware that
  • Additional deposits, early account closure and withdrawals are not permitted within the fixed term

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{2000 | currency : '' : 0}} to {{productCurrency}}{{5000000 | currency : '' : 0}}

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Choose between annual interest of 1.60% Gross/AER fixed or monthly interest of 1.59% Gross/1.60% AER fixed
  • Viewing your account online with Tesco Bank's secure Online Banking service
But be aware that
  • One single deposit within the first 30 days of account opening. Once you put your money in you can't close your account early or get your money out until the end of the term
  • Your interest will be paid into an account nominated by you
  • To apply you must be a UK resident and 18 years of age or over

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{500 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Opening and viewing your account online
But be aware that
  • Withdrawals are not permitted within the fixed term
2016 SUPERS

Winner of the Best Savings Account Provider

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{500 | currency : '' : 0}} to {{productCurrency}}{{2000000 | currency : '' : 0}}

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Customers who are happy to leave their money untouched for a fixed term
  • Opening with a single deposit from just £500
  • Choose either monthly or annual interest payments
But be aware that
  • No additional deposits permitted
  • You won’t be able to close your bond unless it’s due to exceptional circumstances and a breakage fee may apply. If the interest you’ve earned doesn’t cover this, you may get back less than you put in.

 

Three year fixed rate bonds - Ordered by interest rate

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{200000 | currency : '' : 0}}

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Interest options: monthly, quarterly, annually or upon maturity, with automatic roll-over option
  • Quick and easy online application process
  • FSCS compensation scheme
But be aware that
  • Withdrawals are not permitted within the fixed term
  • You must be aged 18 or over
Zenith Bank Zenith Bank

3 Year Fixed Term Deposit

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}} no limit

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • UK based bank with FSCS protection
  • A guaranteed rate of interest as stated for the full term of the product
  • Quick and easy online application process
But be aware that
  • Applications and deposits only taken online
  • Additional withdrawals are not permitted within the fixed term

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Allows unlimited top-ups for first 30 days
  • Support seven days a week and a choice of monthly or annual interest
  • Part of Renault’s global banking group
But be aware that
  • RCI Bank is part of a French banking group and the first €100,000 equivalent is protected by the French deposit guarantee scheme, rather than by the UK FSCS scheme which protects the first £85,000

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{5000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • Available to new and existing customers
But be aware that
  • Withdrawals or early closures are not permitted within the fixed term
  • No additional deposits can be made after 30 days of opening your account
  • You must be aged 18 or over and a UK resident

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{500 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Simple online application
  • Opening and viewing your account online
But be aware that
  • Withdrawals are not permitted within the fixed term
2016 SUPERS

Winner of the Best Savings Account Provider

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{2000 | currency : '' : 0}} to {{productCurrency}}{{5000000 | currency : '' : 0}}

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Choose between annual interest of 1.80% Gross/AER fixed or monthly interest of 1.79% Gross/1.80% AER fixed
  • Viewing your account online with Tesco Bank's secure Online Banking service
But be aware that
  • One single deposit within the first 30 days of account opening. Once you put your money in you can't close your account early or get your money out until the end of the term
  • Your interest will be paid into an account nominated by you
  • To apply you must be a UK resident and 18 years of age or over
Aldermore Aldermore

3 Year Fixed Rate Account

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • FSCS Protected up to £85,000
  • Quick and easy online account opening
But be aware that
  • Additional deposits, early account closure and withdrawals are not permitted within the fixed term

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{500 | currency : '' : 0}} to {{productCurrency}}{{2000000 | currency : '' : 0}}

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Customers who are happy to leave their money untouched for a fixed term
  • Opening with a single deposit from just £500
  • Choose either monthly or annual interest payments
But be aware that
  • No additional deposits permitted
  • You won’t be able to close your bond unless it’s due to exceptional circumstances and a breakage fee may apply. If the interest you’ve earned doesn’t cover this, you may get back less than you put in.

 

Four year fixed rate bonds - Ordered by interest rate

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{250000 | currency : '' : 0}}

Term

4 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
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
Aldermore Aldermore

4 Year Fixed Rate Account

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

4 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • FSCS Protected up to £85,000
  • Quick and easy online account opening
But be aware that
  • Additional deposits, early account closure and withdrawals are not permitted within the fixed term

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{5000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

4 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • Available to new and existing customers
But be aware that
  • Withdrawals or early closures are not permitted within the fixed term
  • No additional deposits can be made after 30 days of opening your account
  • You must be aged 18 or over and a UK resident

 

Five year fixed rate bonds - Ordered by interest rate

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{250000 | currency : '' : 0}}

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
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

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{200000 | currency : '' : 0}}

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Interest options: monthly, quarterly, annually or upon maturity, with automatic roll-over option
  • Quick and easy online application process
  • FSCS compensation scheme
But be aware that
  • Withdrawals are not permitted within the fixed term
  • You must be aged 18 or over
Aldermore Aldermore

5 Year Fixed Rate Account

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • FSCS Protected up to £85,000
  • Quick and easy online account opening
But be aware that
  • Additional deposits, early account closure and withdrawals are not permitted within the fixed term

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{500 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Simple online application and access
But be aware that
  • Withdrawals are not permitted within the fixed term
2016 SUPERS

Winner of the Best Savings Account Provider

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{2000 | currency : '' : 0}} to {{productCurrency}}{{5000000 | currency : '' : 0}}

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Choose between annual interest of 2.00% Gross/AER fixed or monthly interest of 1.98% Gross/2.00% AER fixed
  • Viewing your account online with Tesco Bank's secure Online Banking service
But be aware that
  • One single deposit within the first 30 days of account opening. Once you put your money in you can't close your account early or get your money out until the end of the term
  • Your interest will be paid into an account nominated by you
  • To apply you must be a UK resident and 18 years of age or over

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{5000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • Available to new and existing customers
But be aware that
  • Withdrawals or early closures are not permitted within the fixed term
  • No additional deposits can be made after 30 days of opening your account
  • You must be aged 18 or over and a UK resident

 

 

 

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.

These are the best accounts available to open through MoneySuperMarket. We can show you all the accounts on the market, but we can only help you to open some of them.

See all fixed rate bond accounts

Not sure what account is right for you?

 

What are fixed rate bonds?

Fixed rate bonds pay a set rate of interest, for a certain time, on money you can afford not to access. Here are the main points you need to know:

  • They can pay higher interest rates than easy access or notice accounts.
  • Ensure you can commit your money for the full term.
  • You may only be able to make a single deposit into your bond.

Thanks to the introduction of the new Personal Savings Allowance (PSA) in April 2016, banks and building societies now pay interest on all savings accounts gross, or before any tax is deducted. The PSA means that basic-rate taxpayers can earn £1,000 of savings interest without the taxman taking a slice, and higher rate taxpayers can earn £500. Additional rate taxpayers are not eligible for a PSA. If the interest you earn exceeds these limits, any tax you owe will usually be collected via the Pay As You Earn (PAYE) system or via your self-assessment tax return.

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 (as of 30 January, 2017). This amount applies per individual per institution, not per account, so watch out if you have two accounts with a single bank that have a combined balance above £85,000, as not all of your money will be protected. If you have a joint account, both accountholders have £85,000 of protection, giving a total of £170,000.

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.