1 Year Fixed Rate Bonds

Compare the Latest 1 Year Fixed Rate Bond Deals

A 1 year fixed rate bond agreement may be useful for savers who wish to see a guaranteed return on their savings over a fixed period of time, usually from 1-5 years. It is recommended that you shop around for fixed rate bonds in order to find the most competitive offers available. We've made it easy to find the right 1 year fixed rate bond for you by bringing some of the latest deals together - see below to compare rates and other features and apply online:

 

1 Year Fixed Rate Bonds
ProviderAccountInterest Rate (AER)TermApply
1.95%1 YearMore Info >
  • Manage your account online or by telephone
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Minimum opening balance of £25,000
  • No early withdrawals
1.80%1 YearMore Info >
  • Save from £20,000 
  • Interest paid semi-annually
  • Apply online 
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Over 18s only
  • UK residents only
  • No withdrawals or additional deposits

1.00%1 yearMore Info >
  • Earn 1.00% gross/AER fixed for 1 year
  • Deposits are 100% guaranteed by Santander UK plc
  • Interest can be paid gross - subject to eligibility
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • No withdrawals allowed during the term
  • Minimum deposit of £50,000
1.10%1 year fixedMore Info >
  • Save between £5,000 and £500,000 
  • Auto reinvestment in a new fixed rate bond when your plan matures on 22nd Spetember 2015  
  • Apply online 
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Over 18s only
  • You will need to have a NatWest current account or instant access savings accounts (excluding all Cash ISA accounts) for the payment of interest

1.10%1 year fixedMore Info >
  • Save between £5,000 and £500,000 
  • Auto reinvestment in a new fixed rate bond when your plan matures on 22nd September 2015
  • Apply online 
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Over 18s only
  • You will need to have an RBS current account or instant access savings accounts (excluding all Cash ISA accounts) for the payment of interest

1%18 MonthsMore Info >
  • Open to new and existing customers
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • No withdrawals or additional deposits allowed
  • £5,000 minimum deposit
0.75%9 MonthsMore Info >
  • Open to new and existing customers
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • No withdrawals or additional deposits allowed
  • £5,000 minimum deposit
Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.35%*Instant AccessMore Info >
  • Savings service - *Indicative rate of interest highlighted
  • All money held in your name
  • Monthly interest option
  • Online Access
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • £25k minimum deposit
  • Service fee of £20 per month
  • £5k minimum must be held on deposit with Cater Allen Private Bank
1.30%Instant AccessMore Info >
  • Instant Access
  • Monthly Interest
  • Manage your account online or by telephone
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Minimum opening balance of £25,000
1.30%Instant AccessMore Info >
  • Earn 1.30% gross/AER variable. Includes 0.40% gross* AER fixed bonus after 12 months
  • Open with just £1
  • Unlimited free withdrawals with no notice periods
  • Choose when you receive your interest - monthly on the first business day of each month, or annually in March.
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Online account only
  • Must be UK resident and aged 18 or over
  • After 12 months the rate will revert to the underlying 0.90% gross/AER variable rate

 

*Gross rates do not take into account deductions of income tax.

1.25%Instant accessMore Info >
  • Minimum deposit £500
  • Interest paid on balances above £500 and below £1,000,000
  • Manage your account in branch or online  
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be aged 18 or over and a UK resident

1.00%Easy AccessMore Info >
  • Monthly and Annual Interest Options 
  • Access – online, telephone and post
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Minimum deposit £1,000
  • Variable interest rate

 

Fixed Rate Bond Alternatives
ProviderPlan NameDeposit TakerISA OptionTermMaximum Potential ReturnMore Info
Kick Out DepositInvestec Bank plcyesUp to
6 years
5.5%
per annum
More Info >
  • 5.5% for each year if the FTSE 100 finishes higher than its starting value
  • Opportunity to mature early at year 3, 4 or 5
  • Capital protected
  • Short/medium term alternative to fixed rates
  • Also available for Cash NISAs & NISA transfers
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Limited offer - deadlines apply. May close early if oversubscribed
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital 
5 Year Deposit Plus PlanInvestec Bank plcyes5 years30% fixed or 100% of FTSE 100 growth (no limit)More Info >
  • Target return of 30% gross or 100% of any growth in the Index if higher
  • Capital protected
  • Low minimum - £3,000
  • Short/medium alternative to fixed rates
  • Also available for Cash NISA & NISA Transfers
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Limited offer - deadlines apply. May close early if oversubscribed
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only recieve a return of your original capital
Defensive Supertracker Deposit Plan yes6 years40%More Info >
  • Return of 2 x FTSE 100 growth above 95% of initial level, capped at 40%
  • Available for NISA, NISA Transfer and Direct Investment
  • Capital protected product
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Investment deadline for NISA transfers - 11 August 2014
  • Investment deadline NISA & non-NISA investments - 18 August 2014
  • Minimum investment £3,000
  • Returns capped at 40%
  • An arrangement fee applies to this plan
  • Returns not guaranteed. You may only receive a return of your original capital
  • Product designed to be held for the full term
UK Super Tracker Deposit PlanSG Hambrosyes6 years4.05 x any FTSE 100 growth (40.5% Cap)More Info >
  • Return of 4.05 x any FTSE 100 growth, capped at 40.5%
  • Capital protected
  • Low minimum - £3,000 
  • Medium/long term alternative to fixed rates 
  • Also available for Cash ISA & Cash ISA transfers
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Limited offer - deadlines apply. May close early if oversubscribed
  • Plan designed to be held for full term
  • Returns capped at 40.5%
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital 
Deposit Kick OutLloyds Bank plcyesUp to 6 years7.5%
per annum
More Info >
  • 7.5% for each year provided x5 shares finish at least as high as their starting value  
  • Opportunity to mature early at year 2, 3, 4 or 5
  • Capital protected
  • Medium/long term alternative to fixed rates
  • Also available for Cash ISA & Cash ISA transfers
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Limited offer - deadlines apply. May close early if oversubscribed
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Potential returns based on the performance of 5 shares
  • Returns not guaranteed. You may only receive a return of your original capital
Important Information: Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.

Compare 1 Year Fixed Rate Bonds

Compare bonds using our comparison service to make the most of your money - finding the best rate can make a real difference to the interest you earn, so it's worth taking a minute to compare the latest deals from leading providers.

 

What are 1 Year fixed rate bonds? 

A 1 year fixed rate bond is a form of savings account which offer you a guaranteed interest payment over the fixed period of 12 months.

 

Advantages of Fixed Rate Bonds

  • The interest rate offered is guaranteed for 1 year. This is unlike instant access savings accounts where the interest rate can go down or up at short notice.
  • Different banks and building societies will have different views on short, medium to long term interest rates. If interest rates rise more slowly than expected a fixed rate bond may give you a better return than what you could expect from an instant access account.
  • Some fixed rate bonds provide flexibility e.g. 1 withdrawal over the term.
  • Fixed rate bonds range from 2 months to 5 years in duration so you can choose a term that suits your circumstances
  • Many fixed rate bond providers offer online access so you can see how much interest you are earning.

 

Disadvantages of Fixed Rate Bonds

  • The benefit of enjoying a higher rate of interest must be weighed against tying up your capital for a fixed term. If you need access to your capital before maturity this may not be possible and if it is there may be interest penalties.
  • If interest rates rise over the term of the investment you may find the interest rate on your capital is no longer competitive compared to new offerings in the market.
  • Many fixed rate bond providers require a high minimum deposit e.g. £5,000