Fixed Rate Bonds – Approx 3 years

Disclaimer: The rates shown are for information purposes only. Although endeavours have been made to provide accurate and timely information, Investment Sense Ltd cannot be held responsible for any errors or omissions of the information supplied.

All rates are subject to change without notice, please check with the bank or building society before investing. With fixed term notice savings accounts you can’t usually withdraw your money until the notice term has ended. Penalties may apply.

Eligible deposits are protected by the Financial Services Compensation Scheme ‘FSCS’ up to a maximum level of £85,000 per person per registered institution.

Al Rayan Bank Fixed Term Deposit

Expected Profit Rate
AER
Notice/Term
Minimum Required
Account Opening
1.46%
3 Years
£5,000
Internet, Telephone, Branch, Mobile
More Details

Bank of London and the Middle East Premier Deposit Account (Anticipated Profit Rate)

You must have or open a BLME current account to hold funds pending investment. Expected profit rate
AER
Notice/Term
Minimum Required
Account Opening
1.40%
3 Years
£1,000
Internet
More Details

United Bank UK 3 Year Fixed Term Deposit Account

AER
Notice/Term
Minimum Required
Account Opening
1.40%
3 Years
£2,000
Branch, Post
More Details

Tandem Bank Tandem 3 Year Fixed Saver

AER
Notice/Term
Minimum Required
Account Opening
1.30%
3 Years
£1,000
Internet
More Details

Gatehouse Bank Fixed Term Deposit

Expected Profit Rate
AER
Notice/Term
Minimum Required
Account Opening
1.25%
3 Years
£1,000
Internet
More Details

Close Brothers Savings Fixed Rate Bond

AER
Notice/Term
Minimum Required
Account Opening
1.25%
3 Years
£10,000
Internet
More Details

Hanley Economic Building Society Fixed Rate Bond – Issue 181

AER
Notice/Term
Minimum Required
Account Opening
1.25%
15.11.2023
£1,000
Branch, Post
More Details

Fixed Rate Bonds – Approx 3 years

The Fixed Rate Bonds shown on this page have a term of three years, other terms of between one and five years are available, with the interest rate rising the longer a saver is prepared to tie up their savings.

A Fixed Rate Bond is a type of savings account within which the rate of interest remains fixed for a set period of time, and does not fluctuate with changes to the prevailing interest rates.

Nearly all Fixed Rate Bonds will allow a one off payment to open the bond with no additional deposits allowed during the term.

The majority of bonds do not allow early access and savers should always read the terms and conditions to ensure that the account opened is suitable for their needs.

Fixed Rate Bonds are an ideal way of maximising the interest rate, however careful forward planning is needed to make sure savings have not been tied up when they are needed.

There is a wide variety of bonds to choose from; however the best rates may only be available for a short period of time, meaning it is worthwhile regularly checking the market to ensure that you select the account with the most competitive rate of interest to invest into.

Interest from a Fixed Rate Bond is taxable, non tax payers can apply to have the interest paid without tax deducted but for all other tax payers 20% is deducted at source with higher rate tax payers liable for an additional amount.