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5 Year Fixed Rate Bonds

Compare 5 Year Fixed Rate Bonds

ProviderAccountInterest RateTermApply

Up to

1.50%

AER/Gross p.a (variable)

Instant accessMore Info >
Save £50 or more each month and earn up to 1.50% AER/Gross p.a. (variable). . Instant access to your savings. Open the account with just £1. Interest rates - 1.50% AER/Gross p.a. (variable) for balances between £1 – £5,000, 1.00% AER/Gross p.a. (variable) between £5,001 – £10,000, 0.20% AER/Gross p.a. (variable) over £10,000 (based on growing your balance by £50 a month)
1.30%Instant AccessMore Info >
MARKET LEADING. Earn 1.30% gross/AER. Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.

1.22%

Instant AccessMore Info >
Earn 1.22% AER variable interest. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £1. Unlimited deposits and withdrawals permitted. FSCS Protected
1.15%Easy AccessMore Info >
1.15% gross/AER. Instant Access. Free withdrawals and no notice period. Deposit from £100. Includes a fixed bonus of 0.95% gross fixed for the first 12 months. Quick and easy online application

1.96%

per annum

£1,000More Info >
Earn 1.96% gross/AER fixed for 12 months. £1,000 minimum deposit, £250,000 maximum. Interest paid on maturity. No withdrawals permitted. FSCS Protected

1.97%

per annum

£1,000More Info >
Earn 1.97% gross/AER fixed for 15 months. £1,000 minimum deposit, £250,000 maximum. Interest paid on maturity. No withdrawals permitted. FSCS Protected

2.01%

per annum

£1,000More Info >
Earn 2.01% gross/AER fixed for 18 months. £1,000 minimum deposit, £250,000 maximum. Interest paid on maturity. No withdrawals permitted. FSCS Protected

2.17%

per annum

£1,000More Info >
Earn 2.17% fixed interest. 24 month term. £1,000 minimum deposit, £250,000 maximum. Interest paid on maturity. No withdrawals permitted. FSCS Protected

2.18%

per annum

£1,000More Info >
Earn 2.18% gross/AER fixed for 30 months. £1,000 minimum deposit, £250,000 maximum. Interest paid on maturity. No withdrawals permitted. FSCS Protected

2.31%

per annum

£1,000More Info >
Earn 2.31% gross/AER fixed for 3 years. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. RCI Bank are protected up to a total of €100,000 by the FGDR (Fonds de Garantie Dépôts et de Résolution), the French deposit protection scheme. Apply online.

2.40%

per annum

£1,000More Info >
Earn 2.40% gross/AER fixed for 4 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest. FSCS Protected

2.50%

per annum

£1,000More Info >
Earn 2.50% gross/AER fixed for 5 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest. FSCS Protected
5.00%Current Account
Instant Access
More Info >
5.00% interest for 12 months on balances up to £2,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Must be aged 18 or older.
5 Year
Provider

Account

Type

Minimum

Deposit

Interest

Rate
 
£500

2.66%

per annum

More Info >
  • Earn 2.66% AER for deposits between £500 and £250,000.
  • Minimum opening balance of £500; maximum balance £250,000.
  • Interest paid monthly or annually
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No withdrawals permitted.
£1,000

2.50%

per annum

More Info >
  • Earn 2.50% gross/AER fixed for 5 years
  • Save from £1,000 - £250,000
  • Monthly and annual interest options
  • Online savings account 
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No withdrawals allowed
  • Bond designed to be held for full term
£500

2.49%

per annum

More Info >
  • Earn 2.49% AER for deposits between £500 and £250,000.
  • Minimum opening balance of £500; maximum balance £250,000.
  • Interest paid monthly or at maturity
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No withdrawals permitted.
£1,000

2.40%

per annum

More Info >
  • Earn 2.40% gross/AER fixed for 4 years
  • Save from £1,000 - £250,000
  • Monthly and annual interest options
  • Online savings account 
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No withdrawals allowed
  • Bond designed to be held for full term
£1,000

2.26%

per annum

More Info >
  • Earn 2.26% AER fixed for 60 months
  • Minimum opening balance of £1,000; maximum balance £250,000
  • Interest paid on maturity
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • Available as a sole account only
  • No withdrawals permitted.
£1,000

2.25%

per annum

More Info >
  • Manage your account online
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • Minimum opening balance of £1,000
  • No withdrawals
£1,000

2.20%

per annum

More Info >
  • Earn 2.20% AER fixed for 48 months
  • Minimum opening balance of £1,000; maximum balance £250,000
  • Interest paid on maturity
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • Available as a sole account only
  • No withdrawals permitted.
£1,000

2.16%

per annum

More Info >
  • Earn 2.16% AER for deposits between £1,000 and £200,000.
  • Minimum opening balance of £1,000; maximum balance £200,000.
  • Interest paid monthly, quarterly or at maturity
  • Available as a single or joint account
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No withdrawals permitted.
£1,000

2.10%

per annum

More Info >
  • Manage your account online
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • Minimum opening balance of £1,000
  • No withdrawals

Gross is the interest you will receive before tax is deducted.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

More Fixed Rate Bond Alternatives
ProviderPlan NameDeposit TakerISA OptionTermMaximum Potential ReturnMore Info
FTSE 100 Kick Out Deposit PlanInvestec Bank plcyesUp to
6 years

6%

per annum

More Info >
  • 6% 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
  • Available for Cash ISA, ISA Transfers and non-ISA
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital 
FTSE 100 3 Year Deposit PlanInvestec Bank plcyes3 years

15%

at end of term

More Info >
  • Target return of 15%
  • Capital protected
  • Low minimum - £3,000
  • Short/medium alternative to fixed rates
  • Available for Cash ISA, ISA Transfers and non-ISA
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only recieve a return of your original capital
FTSE 100 Defensive Kick Out Deposit PlanInvestec Bank plcyesUp to
6 years

4.5%

per annum

More Info >
  • 4.5% for each year if the FTSE 100 finishes above kick out level
  • Kick out level reduces from 100% to 85% over the term
  • Opportunity to mature early at year 3, 4 or 5
  • Capital protected
  • Short/medium term alternative to fixed rates
  • Available for Cash ISA, ISA Transfers and non-ISA
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital 
FTSE 100 3 Year Defensive Deposit PlanInvestec Bank plcyes3 years

10.5%

at end of term

More Info >
  • 10.5% fixed return if the Index is higher than 90% of its Initial Level
  • Capital protected
  • Low minimum - £3,000
  • Medium/longer term alternative to fixed rates
  • Available for Cash ISA, ISA Transfers and non-ISA
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Plan designed to be held for full term
  • Arrangement fee applies
  • 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.

Investment Alternative To Long Term Fixed Rates
ProviderPlan NameCounterpartyISA OptionTermMaximum Potential IncomeMore Info
FTSE 100 Defensive Income PlanInvestec Bank Plcyes8 years

7.35%

per annum

More Info >
  • 7.35% per year based on the performance of the FTSE 100 Index
  • Income paid even if Index falls by 20%
  • Alternative option paying up to 6% income if Index falls by up to 40%
  • Plan can mature early each year from year 2 onwards
  • Available for ISA, ISA transfer and direct investment
  • Investment deadline for ISA transfer applications - 29 June 2018
  • Investment deadline for direct and ISA applications - 20 July 2018
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from it's initial level, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
FTSE Monthly Contingent Income PlanNatixisyesUp to 10 years

6.00%

per annum

More Info >
  • Up to 6.00% per year based on the performance of the FTSE 100 Index
  • Income paid even if Index falls by 25%
  • Monthly payments
  • Plan can mature early each quarter from year 2 onwards
  • Available for ISA, ISA transfer and direct investment
  • Investment deadline for ISA transfers - 4 July 2018
  • Investment deadline for direct and ISA applications by cheque - 12 July 2018
  • Investment deadline for direct and ISA applications by bank transfer - 18 July 2018
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% from its starting level at the end of the investment term, in which case your initial investment will reduce by 1% for each 1% fall below its starting value
  • Minimum investment £5,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
  • May close early if oversubscribed
Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. Income and growth returns are not guaranteed. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

Compare 5 year fixed rate bonds

If you are looking for a way of maximising your savings on a long term basis, 5 year fixed rate bonds and other similar savings products may be well worth considering. However, in order to find the most competitive offer possible, research the market for comparisons on fixed rate bonds from as number of providers. This is easy with our comparison tables where we've put together our selection of the latest deals to help you find what you're looking for.

 

5 year fixed rate bonds offer customers with a high rate of interest that is intended to provide them with the best possible return on their savings. However unlike many other types of account, the money that is invested is often intended to be locked away for a lengthy period of time, providing the customer with little or no access to it, until the agreement ends. If you are looking for more information on 5 year fixed rate bonds, please consult the table below for some of the latest deals available. More long term, 5 year fixed rate bonds tend to provide customers with the highest possible return in terms of interest rates. As well as this, the fixed nature of these bonds may allow customers to accurately predict the return on their savings at the end of period.

 

Factors to Consider

Although these high, guaranteed interest rates may seem highly appealing in many ways, it is important to remember that that more long term fixed rate bonds are serious financial commitments. The following are some examples of common factors that should be considered: Money that is invested into these accounts may not be accessed for the duration of the agreement in many circumstances There are no guarantees that attractive interest rates will remain competitive in years to come The amount invested cannot usually be topped up or increased at any point during the course of the agreement

 

What are 5 year fixed rate bonds?

 

5 year fixed rate bonds are a form of savings account which offer you a guaranteed interest payment over the 5 year period. The longer the period of time generally the higher the interest payment paid.

 

Advantages of Fixed Rate bonds

  • The interest rate offered is guaranteed for the 5 year term of the bond. 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 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 5 year 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