Compare Fixed Rate Cash ISAs

Fixed rate cash ISAs

If you want to take advantage of your 2018/19 cash ISA allowance and have money you can afford to lock away for a few years, a fixed rate cash ISA could be ideal. It pays a guaranteed amount of interest for a set length of time.

You can invest up £20,000 in a cash ISA. Some accounts also allow you to transfer in money invested in the previous tax year so you can maximise returns on all your tax-free savings.

You can open the accounts below through MoneySuperMarket. We can show you all the accounts on the market, but we can only help you to open some of them.

1 Year Fixed Rate Cash ISAs – Ordered by interest rate


See all fixed rate accounts

Paragon Bank Paragon Bank

1 Year Fixed Rate Cash ISA

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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}}{{100000 | currency : '' : 0}}

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • FSCS protection for savings deposits of up to £85,000 with this UK-based bank
  • Transfer your current ISA balance to this Paragon ISA
  • Open and manage your account online
But be aware that
  • You'll need to be aged 18 or over and a UK resident to open this account
Show key information
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Ford Money Ford Money

Fixed Cash ISA 1 Year

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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}} no limit

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Maximise your savings with the tax-free benefits of an individual savings account
  • Enjoy a fixed rate of interest for locking a lump sum of money away for 12 months
  • Minimum deposit £500 - maximum balance £2,000,000 (subject to the annual ISA allowance)
But be aware that
  • Account closure, withdrawals and transfers-out are permitted. However, a 'term breakage charge' will apply if you instruct Ford Money to carry out your request within the term. See T&Cs for details
  • Balances up to £85,000 (£170,000 for a joint account) are fully protected under the Financial Services Compensation Scheme (this applies per bank, not per account)
Show key information
Close
Go to site

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}} no limit

Term

until 04.11.19

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • You can invest your 2018/2019 ISA allowance and also transfer your existing cash ISAs
  • You can take money out of this flexible ISA and pay it back in the same tax year, without it counting against your annual ISA allowance
  • Earn a fixed rate of interest on your savings for one year
But be aware that
  • If you withdraw or transfer your money before the account matures, you'll lose 90 days' interest
  • Your funds will automatically roll into an easy access default savings account when the ISA matures on the 4th November 2019
Show key information
Close
Go to site

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}} no limit

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Guaranteed interest rate for the term of the product
  • Transferring existing ISA balances
  • Up to £20,000 annual allowance can be deposited in one or more transactions
But be aware that
  • You must be aged 18 or over and a UK resident
  • Early closure of the account will incur a charge and you could get back less than you paid in
  • Deposit(s) within 30 days of account opening
Show key information
Close
Skipton Building Society Skipton Building Society

15 Month Online Fixed Rate ISA Issue 70

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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}} no limit

Term

15 month bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Fixed term ISA savers
But be aware that
  • Withdrawals are not permitted within the fixed term
Show key information
Close
AA AA

AA ISA - Fixed Rate Issue 13

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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}} no limit

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • A guaranteed rate of interest for the full term of the product
  • Apply and manage your account online 24/7
  • Transferring existing ISA balances
But be aware that
  • This account only accepts a single deposit
  • Withdrawals within the fixed term are subject to a breakage charge
Show key information
Close
Skipton Building Society Skipton Building Society

1 Year Online Fixed Rate ISA Issue 70

Go to site

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}} no limit

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Fixed term ISA savers
But be aware that
  • Withdrawals are not permitted within the fixed term
Show key information
Close

2 Year Fixed Rate Cash ISAs – Ordered by interest rate

Aldermore Aldermore

2 Year Fixed Rate Cash ISA

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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
Go to site
Great for
  • Peace of mind - know exactly what interest rate you'll earn for a set period and Aldermore will personally write to you before your account matures
  • Open an account with just £1,000
  • Great value - no fees or charges for day-to-day account services
But be aware that
  • No withdrawals, transfers out or closures permitted before the maturity date
  • Aldermore guarantee to pay the interest rates shown provided a deposit is paid into the account within 14 calendar days of the account being opened
  • You'll need to provide Aldermore with details of a UK personal bank or building society account to link to your Aldermore account
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Leeds Building Society Leeds Building Society

2 Year Fixed Rate ISA (Issue 108)

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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}} no limit

Term

until 30.11.20

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Online application
But be aware that
  • Withdrawals/transfers of your capital investment prior to maturity are permitted, but they will be subject to 150 days' loss of interest
  • Post and branch access only
Show key information
Close
Paragon Bank Paragon Bank

2 Year Fixed Rate Cash ISA

Go to site

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}}{{100000 | currency : '' : 0}}

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • UK based bank with FSCS protection up to £85,000
  • A guaranteed rate of interest for the full term of the product
  • Transferring existing ISA balances
But be aware that
  • Online access only
  • You must be over 18 and a UK resident to open this account
Show key information
Close
Go to site

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}} no limit

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Guaranteed interest rate for the term of the product
  • Transferring existing ISA balances
  • Up to £20,000 annual allowance can be deposited in one or more transactions
But be aware that
  • You must be aged 18 or over and a UK resident
  • Early closure of the account will incur a charge and you could get back less than you paid in
  • Deposit(s) within 30 days of account opening
Show key information
Close
Ford Money Ford Money

Fixed Cash ISA 2 Year

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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}} no limit

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Maximise your savings with the tax-free benefits of an individual savings account
  • Enjoy a fixed rate of interest for locking a lump sum of money away for 24 months
  • Minimum deposit £500 - maximum balance £2,000,000 (subject to the annual ISA allowance)
But be aware that
  • Account closure, withdrawals and transfers-out are permitted. However a 'term breakage charge' will apply if you instruct Ford Money to carry out your request within the term. See T&Cs for details
  • Balances up to £85,000 (£170,000 for a joint account) are fully protected under the Financial Services Compensation Scheme (this applies per bank, not per account)
Show key information
Close
Go to site

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}} no limit

Term

until 04.11.20

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • You can invest your 2018/2019 ISA allowance and also transfer your existing cash ISAs
  • You can take money out of this flexible ISA and pay it back in the same tax year, without it counting against your annual ISA allowance
  • Earn a fixed rate of interest on your savings for two years
But be aware that
  • If you withdraw or transfer your money before the account matures, you'll lose 120 days' interest
  • Your funds will automatically roll into an easy access default savings account when the ISA matures on the 4th November 2020
Show key information
Close
Skipton Building Society Skipton Building Society

2 Year Online Fixed Rate ISA Issue 70

Go to site

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}} no limit

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Fixed term ISA savers
But be aware that
  • Withdrawals are not permitted within the fixed term
Show key information
Close
AA AA

AA ISA - Fixed Rate Issue 13

Go to site

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}} no limit

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • A guaranteed rate of interest for the full term of the product
  • Apply and manage your account online 24/7
  • Transferring existing ISA balances
But be aware that
  • This account only accepts a single deposit
  • Withdrawals within the fixed term are subject to a breakage charge
Show key information
Close

3 Year Fixed Rate Cash ISAs – Ordered by interest rate

Aldermore Aldermore

3 Year Fixed Rate Cash ISA

Go to site

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
Go to site
Great for
  • Peace of mind - know exactly what interest rate you'll earn for a set period and Aldermore will personally write to you before your account matures
  • Open an account with just £1,000
  • Great value - no fees or charges for day-to-day account services
But be aware that
  • No withdrawals, transfers out or closures permitted before the maturity date
  • Aldermore guarantee to pay the interest rates shown provided a deposit is paid into the account within 14 calendar days of the account being opened
  • You'll need to provide Aldermore with details of a UK personal bank or building society account to link to your Aldermore account
Show key information
Close
Paragon Bank Paragon Bank

3 Year Fixed Rate Cash ISA

Go to site

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}}{{100000 | currency : '' : 0}}

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • FSCS protection for savings deposits of up to £85,000 with this UK-based bank
  • Transfer your current ISA balance to this Paragon ISA
  • Open and manage your account online
But be aware that
  • You'll need to be aged 18 or over and a UK resident to open this account
Show key information
Close
Leeds Building Society Leeds Building Society

3 Year Fixed Rate ISA (Issue 68)

Go to site

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}} no limit

Term

until 30.11.21

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Online application
But be aware that
  • Withdrawals/transfers of your capital investment prior to maturity are permitted, but they will be subject to 240 days' loss of interest
  • Post and branch access only
Show key information
Close
Go to site

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}} no limit

Term

until 04.11.21

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • You can invest your 2018/2019 ISA allowance and also transfer your existing cash ISAs
  • You can take money out of this flexible ISA and pay it back in the same tax year, without it counting against your annual ISA allowance
  • Earn a fixed rate of interest on your savings for three years
But be aware that
  • If you withdraw or transfer your money before the account matures, you'll lose 180 days' interest
  • Your funds will automatically roll into an easy access default savings account when the ISA matures on the 4th November 2021
Show key information
Close
Skipton Building Society Skipton Building Society

3 Year Online Fixed Rate ISA Issue 70

Go to site

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}} no limit

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Fixed term ISA savers
But be aware that
  • Withdrawals are not permitted within the fixed term
Show key information
Close
Go to site

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}} no limit

Term

3 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Guaranteed interest rate for the term of the product
  • Transferring existing ISA balances
  • Up to £20,000 annual allowance can be deposited in one or more transactions
But be aware that
  • You must be aged 18 or over and a UK resident
  • Early closure of the account will incur a charge and you could get back less than you paid in
  • Deposit(s) within 30 days of account opening
Show key information
Close

4 Year Fixed Rate Cash ISAs – Ordered by interest rate

Go to site

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}} no limit

Term

4 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Guaranteed interest rate for the term of the product
  • Transferring existing ISA balances
  • Up to £20,000 annual allowance can be deposited in one or more transactions
But be aware that
  • You must be aged 18 or over and a UK resident
  • Early closure of the account will incur a charge and you could get back less than you paid in
  • Deposit(s) within 30 days of account opening
Show key information
Close

5 Year Fixed Rate Cash ISAs – Ordered by interest rate

Go to site

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}} no limit

Term

until 03.11.23

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • You can invest your 2018/2019 ISA allowance and also transfer your existing cash ISAs
  • You can take money out of this flexible ISA and pay it back in the same tax year, without it counting against your annual ISA allowance
  • Earn a fixed rate of interest on your savings for five years
But be aware that
  • If you withdraw or transfer your money before the account matures, you'll lose 365 days' interest
  • Your funds will automatically roll into an easy access default savings account when the ISA matures on the 3rd November 2023
Show key information
Close
Skipton Building Society Skipton Building Society

5 Year Online Fixed Rate ISA Issue 70

Go to site

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}} no limit

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Fixed term ISA savers
But be aware that
  • Withdrawals are not permitted within the fixed term
Show key information
Close
Paragon Bank Paragon Bank

5 Year Fixed Rate Cash ISA

Go to site

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}}{{100000 | currency : '' : 0}}

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • UK based bank with FSCS protection up to £85,000
  • Transferring existing ISA balances
  • Opening and managing your account online
But be aware that
  • Online access only
  • You must be over 18 and a UK resident to open this account
Show key information
Close
Go to site

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}} no limit

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Guaranteed interest rate for the term of the product
  • Transferring existing ISA balances
  • Up to £20,000 annual allowance can be deposited in one or more transactions
But be aware that
  • You must be aged 18 or over and a UK resident
  • Early closure of the account will incur a charge and you could get back less than you paid in
  • Deposit(s) within 30 days of account opening
Show key information
Close


See all fixed rate accounts

Not sure what account is right for you? Tell us a few details and we can help you decide

Get help to choose an account

 

Easy Access Cash ISAs – Ordered by interest rate

Leeds Building Society Leeds Building Society

Limited Issue Online Access ISA (Issue 7)

Go to site

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

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Opening & managing your account online
  • Free withdrawals, with no penalties or restrictions
  • Available to new & existing customers
But be aware that
  • Rates are variable and can change at any time
  • Upon opening an account a minimum deposit of £1,000 is required
  • Maturity date of 1st December 2019
Show key information
Close
Paragon Bank Paragon Bank

Limited EdItion Easy Access Cash ISA (Issue 5)

Go to site

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}}{{1 | currency : '' : 0}} to {{productCurrency}}{{100000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • FSCS protection for savings deposits of up to £85,000 with this UK-based bank
  • Transfer your current ISA balance to this Paragon ISA
  • Open and manage your account online
But be aware that
  • You must be over 18 and a UK resident to open this account
Show key information
Close
Go to site

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}} no limit

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Make multiple deposits up to the £20,000 annual allowance - or the full amount in one transaction
  • For new and existing customers
But be aware that
  • Lower rate of 0.75% AER for balances that fall below £500
  • Once fully funded any withdrawals cannot be replaced
  • Interest paid annually. You must be aged 18 or over and a UK resident.
Show key information
Close
Ford Money Ford Money

Flexible Cash ISA

Go to site

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

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • You can replace any cash you withdraw from your ISA within the same tax year without it counting towards your annual ISA allowance (withdrawals and repayments are subject to individual product conditions)
  • Interest can be paid monthly or annually
  • Open an account with just £1 – maximum balance £2,000,000 (subject to the annual ISA allowance)
But be aware that
  • Tax-free means you are exempt from UK income tax on your interest. Tax treatment is dependent on the personal circumstances of each customer and may be subject to change in the future
  • Balances up to £85,000 (£170,000 for a joint account) are fully protected under the Financial Services Compensation Scheme (this applies per bank, not per account)
Show key information
Close
AA AA

AA ISA - Easy Access Issue 14

Go to site

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}} no limit

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Apply and manage your account online 24/7
  • Transfer-in an ISA you hold elsewhere
But be aware that
  • Rate includes a bonus, you may want to move your money at the end of this period
  • Partial ISA transfers out aren't available, transfers out in full only
  • The AA ISA is provided by OneFamily. Money in this AA ISA is deposited with Bank of Ireland UK
Show key information
Close
Go to site

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

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Transferring existing ISA balances
  • Simple online application
But be aware that
  • Online management only
Show key information
Close
Go to site

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}} no limit

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site
Great for
  • Allows withdrawals on three days per account year based on the anniversary of account opening
  • Save from £100 in this cash ISA
  • Interest paid annually
But be aware that
  • Accounts can be opened with a minimum of £100 online at ybs.co.uk
  • You may only subscribe to one cash ISA in a single tax year
  • You have to be at least 16 years old
Show key information
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See all cash ISA accounts

Not sure what account is right for you? Tell us a few details and we can help you decide

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See more Help to Buy ISA accounts 


What are fixed rate cash ISAs?

When it comes to building up a nest egg, squirrelling money away into an individual savings account (ISA) is a complete no-brainer if you are a taxpayer as returns are tax-free.

This tax break is in addition to the new Personal Savings Allowance (PSA), which came into effect on April 6, 2016. All basic rate taxpayers can now earn £1,000 of savings interest a year without having to pay any tax on it. You’re a basic rate taxpayer in the 2018/19 tax year if your income is less than £43,000).

If you’re a higher rate taxpayer, paying tax at the 40% rate on an income between £43,001 and £150,000, you’re entitled to a lower PSA of £500 a year. 

If you’re an additional taxpayer earning £150,001 or more, you won’t get an allowance at all. 

In the current tax year, you can slot away up to £20,000 in a cash ISA, or a stocks and shares ISA, or an innovative finance ISA, or you can split your allowance between two or three of these.

With rock bottom interest rates, and no sign of any relief on the horizon, it’s well worth considering a fixed-rate ISA – rather than an easy access cash ISA – if you can afford to lock your money away, as the interest rates tend to be higher.

With a fixed rate cash ISA you earn a guaranteed rate of interest for a set period of time – giving you certainty of knowing what the rate will be.

What types of fixed rate cash ISA are available?

Fixed-rate cash ISAs tend to run for a period of between one and five years.  The longer you fix for, the higher the returns on offer. But you do need to ensure you can afford to lock your money away for the full term as you can’t usually access your money during the fixed term without incurring a hefty penalty. Some accounts will only allow you to get at your money in exceptional circumstances.

In addition, you need to be wary of fixing for too long, as while rates have been at rock bottom for several years now, they will climb upwards at some point. If your money is tied up for several years, you could risk finding yourself stuck in an uncompetitive account, and missing out when rates do eventually rise.

By contrast, if you opt for a shorter-term fixed-rate ISA, you can reassess the market regularly to check you’re getting the most competitive rate.

In addition, when choosing a fixed-rate ISA, you must not get fixated on the headline rate without looking beyond this to the Ts and Cs that come with the account.

Before opting for one of these accounts, you also need to be happy with the idea of locking away one lump sum payment at the beginning of the term – rather than drip-feeding cash into the account little by little each month.

If you don’t have a lump sum or are wanting an account that allows you to pay money in as and when you can, an easy access cash ISA would be a better option.

Also remember that any funds withdrawn from an ISA account cannot be replaced – unless you haven’t used your full ISA allowance.

What are the advantages of fixed rate cash ISAs?

With a fixed-rate cash ISA, the rate does not change for a set term, meaning you know exactly what you are getting on your money for that period – without having to worry about the rate falling.

Generally speaking, the rates paid are higher than on other accounts because you are tying your money up – and because the provider knows how long they will have your money for.

However, if you would prefer not to lock your money away in a fixed-rate ISA, you need to look at what other accounts are available, weighing up the pros and cons of each before making your decision.

Why should you use MoneySuperMarket.com to compare fixed rate cash ISAs?

Given that there is such a wide choice of savings accounts – and then different types of ISA account within this, it’s vital to do your research.

The best way to do this is by making use of a free and independent online comparison service, such as MoneySuperMarket.

In just a few seconds, you can see all the different types of ISAs and rates available, as well as the Ts and Cs for each account – making it easy to compare deals to find the right one for you.