Compare Fixed Rate Cash ISAs

Fixed rate cash ISAs

If you want to take advantage of your 2017/2018 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.

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.

1 Year Fixed Rate Cash ISAs – Ordered by interest rate


See all fixed rate 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}}{{100 | currency : '' : 0}} to {{productCurrency}} no limit

Term

until 02.01.19

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access account
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 60 days' loss of interest
  • 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}}{{500 | currency : '' : 0}} to {{productCurrency}} no limit

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access account
Great for
  • Transferring existing ISA balances
  • Online application and access
  • Bank Of Cyprus is a UK based bank, with full FCA and FSCS regulation
But be aware that
  • 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}} no limit

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access account
Great for
  • Fixed term ISA savers
  • Transferring existing ISA balances
But be aware that
  • Withdrawals are not permitted within the fixed term
2016 SUPERS

Winner of the Best 'Cash ISA' Savings Provider

Paragon Bank Paragon Bank

1 Year Fixed Rate Cash ISA

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
Access account
Great for
  • Transferring existing ISA balances
  • A choice between monthly or annual interest
But be aware that
  • Early withdrawals are allowed subject to the loss of 90 days' interest

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

Term

1 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access account
Great for
  • Transferring existing ISA balances
But be aware that
  • Early withdrawals are allowed subject to the loss of 90 days' interest
Aldermore Aldermore

1 Year Fixed Rate Cash ISA

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

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
  • Early withdrawals are allowed subject to the loss of 120 days' interest
Post Office Money Post Office Money

Online ISA - 1 Year Fixed Rate Issue 10

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
Access account
Great for
  • One year at 1.35% tax-free/AER fixed
  • Full online application and access
But be aware that
  • Interest calculated daily and paid annually on anniversary of account opening. At the end of the fixed term, the value along with any interest earned will be paid into the Holding Account of your Online ISA
  • No additional deposits or withdrawals permitted during fixed term. If product is closed after the first 14 days of opening, a Breakage Charge will apply. If the interest earned doesn’t cover this, you may get back less than you put in

2 Year Fixed Rate Cash ISAs – Ordered by interest rate

Leeds Building Society Leeds Building Society

2 Year Fixed Rate ISA (Issue 96)

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Sorry, we can't help you to open this 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}}{{100 | currency : '' : 0}} to {{productCurrency}} no limit

Term

until 02.01.20

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site

Sorry, we can't help you to open this account

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
Go to site

Sorry, we can't help you to open this 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}}{{500 | currency : '' : 0}} to {{productCurrency}} no limit

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site

Sorry, we can't help you to open this account

Great for
  • Fixed term ISA savers
  • Transferring existing ISA balances
But be aware that
  • Withdrawals are not permitted within the fixed term
2016 SUPERS

Winner of the Best 'Cash ISA' Savings Provider

Paragon Bank Paragon Bank

2 Year Fixed Rate Cash ISA

Go to site

Sorry, we can't help you to open this 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}}{{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

Sorry, we can't help you to open this account

Great for
  • Transferring existing ISA balances
  • A choice between monthly or annual interest
But be aware that
  • Early withdrawals are allowed subject to the loss of 180 days' interest
Aldermore Aldermore

2 Year Fixed Rate Cash ISA

Go to site

Sorry, we can't help you to open this 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}} no limit

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site

Sorry, we can't help you to open this 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
  • Early withdrawals are allowed subject to the loss of 180 days' interest
Post Office Money Post Office Money

Online ISA - 2 Year Fixed Rate Issue 10

Go to site

Sorry, we can't help you to open this 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}}{{500 | currency : '' : 0}} to {{productCurrency}} no limit

Term

2 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Go to site

Sorry, we can't help you to open this account

Great for
  • Two years at 1.45% tax-free/AER fixed
  • Full online application and access
But be aware that
  • Interest calculated daily and paid annually on anniversary of account opening. At the end of the fixed term, the value along with any interest earned will be paid into the Holding Account of your Online ISA
  • No additional deposits or withdrawals permitted during fixed term. If product is closed after the first 14 days of opening, a Breakage Charge will apply. If the interest earned doesn’t cover this, you may get back less than you put in

3 Year Fixed Rate Cash ISAs – 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}}{{500 | currency : '' : 0}} to {{productCurrency}} no limit

Term

3 year bond

Account type

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

Winner of the Best Savings Account Provider

Paragon Bank Paragon Bank

3 Year Fixed Rate Cash ISA

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
Access Account
Great for
  • Transferring existing ISA balances
  • A choice between monthly or annual interest
But be aware that
  • Early withdrawals are allowed subject to the loss of 270 days' interest
Aldermore Aldermore

3 Year Fixed Rate Cash ISA

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
  • A choice between monthly or annual interest
  • FSCS Protected up to £85,000
  • Quick and easy online account opening
But be aware that
  • Early withdrawals are allowed subject to the loss of 180 days' interest

5 Year Fixed Rate Cash ISAs – 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}}{{500 | currency : '' : 0}} to {{productCurrency}} no limit

Term

5 year bond

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Fixed term ISA savers
  • Transferring existing ISA balances
But be aware that
  • Withdrawals are not permitted within the fixed term
2016 SUPERS

Winner of the Best Savings Account Provider

Paragon Bank Paragon Bank

5 Year Fixed Rate Cash ISA

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
Access Account
Great for
  • Transferring existing ISA balances
  • A choice between monthly or annual interest
But be aware that
  • Early withdrawals are allowed subject to the loss of 365 days' interest

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 02.01.23

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
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 365 days' loss of interest
  • Post and branch access only


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

Post Office Money Post Office Money

Online ISA - Easy Access Issue 11

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
Access Account
Great for
  • Full online application and access
  • The ability to split your cash ISA savings across variable and fixed rate products in one place
But be aware that
  • Interest is calculated daily and paid annually in March. After 12 months the rate will revert to the underlying rate, currently 0.25% tax free/AER variable
  • If you opt to fix your savings withdrawal restrictions will apply
Exclusive

You can't apply for this product via any other comparison site

AA AA

AA ISA - Easy Access Issue 13

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
Access Account
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
Paragon Bank Paragon Bank

Limited Edition Easy Access ISA (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}}{{1 | currency : '' : 0}} to {{productCurrency}}{{100000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • A choice between monthly or annual interest
  • Unlimited withdrawals without penalties
  • Transferring existing ISA balances
But be aware that
  • Online management 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}}{{1 | currency : '' : 0}} to {{productCurrency}} no limit

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Opening an account with just £1
  • Transferring existing ISA balances
  • Unlimited withdrawals without penalties
But be aware that
  • After 12 months, variable rate without bonus will apply, currently 1.25% tax free/AER

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
Access Account
Great for
  • Managing your money online
  • Unlimited withdrawals can be made to a nominated account without notice or loss of interest, subject to a minimum balance of £1 being maintained
But be aware that
  • Interest is calculated daily and will be paid annually on 30 September (commencing 30 September 2018)
  • If the balance falls below £1 an interest rate of 0.05% Tax free p.a./AER (variable) shall apply

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}}{{25000 | currency : '' : 0}} to {{productCurrency}} no limit

Notice period

instant

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Transfer in existing ISA balances
But be aware that
  • A lower rate of interest applies for balances of less than £25,000

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}}{{100000 | currency : '' : 0}} to {{productCurrency}} no limit

Notice period

instant

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Transfer in existing ISA balances
But be aware that
  • Lower tiered rates of interest apply for balances of less than £100,000


See all cash ISA 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

 


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 2017-18 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.