AA Fixed Rate Bonds

Compare AA Fixed Rate Deal With The Market

Provider

Account

Type

Minimum

Deposit

Interest

Rate
 
£5,000

1.80%

per annum

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Earn 1.80% fixed interest - 1 year term - Save from £5,000 to £500,000 - No additional deposits or withdrawals permitted -FSCS Protected
£500

1.70%

Gross AER

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Earn 1.70% fixed interest. 1 year term. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £500. No withdrawals permitted. FSCS Protected
£1,000

Over

1.20%

Gross AER

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Managed Savings Service. Save time and hassle. 1 year term. Savers open one account with Octopus cash who then spread the money across some of the best challenger bank rates around. At the end of the term savers can either withdraw money or allow Octopus Cash to automatically switch accounts to the best rates on offer. FSCS Protected
£5,000

2.05%

per annum

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Earn 2.05% fixed interest - 2 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected
£500

2.00%

per annum

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Earn 2.00% fixed interest. 2 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected
£500

1.85%

Gross AER

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Earn 1.85% fixed interest. 2 year term. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £500. No withdrawals permitted. FSCS Protected
£5,000

2.25%

per annum

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Earn 2.25% fixed interest - 3 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected
£1,000

2.20%

per annum

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Earn 2.20% gross/AER fixed for 3 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. FSCS Protected
£1,000

2.40%

per annum

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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
£500

2.23%

per annum

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Earn 2.23% fixed interest. 4 year term. Interest can be paid monthly or at maturity. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected
£1,000

2.45%

per annum

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Earn 2.45% 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
£1,000

2.37%

expected rate

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Earn 2.37% expected profit rate. 5 year term. Interest paid annually. Open an account singly or jointly. Minimum deposit £1,000. No withdrawals permitted. Shariah compliant savings account. FSCS Protected
Cash ISA Selection
ProviderPlan NameDeposit TakerISA OptionTermMaximum Potential ReturnMore Info
Kick Out Deposit PlanInvestec Bank plcyesUp to
6 years

4%

per annum

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Capital protected deposit plan with the potential to mature after years 3, 4, 5 and 6. If the plan matures early it will return 4% times the number of years the plan has been in force. Also available for Cash ISA and ISA transfer.
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.


The AA offers two fixed rate products, for one and two years, under their AA ISA plan


AA ISA Fixed rate product key facts:


  • Open with a deposit or transfer in of at least £500
  • No upwards limit
  • Interest calculated daily and paid yearly
  • At the end of the fixed term your money is transferred to a holding account where it will retain its tax free status until you decide what to do with it.
  • No additional deposits or withdrawals can be made during the fixed term
  • Use your ISA allowance minus any contributions you may have already made to a stocks and shares ISA this tax year
  • If you need to close the plan early there will be a breakage charge

If you are looking for a plan which requires you to lock away your money for a set time period you most likely want to make sure you’re getting the best deal you can.


You can look below at some of the latest fixed rate bonds available from various providers to give you an idea of what some of your different options are.


Although fixed rate bonds have the advantage of letting you know exactly how much interest you are going to be earning over the period of the plan. However if while you are locked into a bond interest rates rise, your plan may no longer be competitive, For this reason you may want to also consider a tracker plan. With this plan type interest rates set by the bank of England raise, so too will the interest rate you receive on the bond. On the other hand it may also fall if the base rate does.


Alternatively you may wish to consider a structured deposit plan. These can have higher interest rates than savings bonds. However this comes at a risk as your return is not guaranteed, it is dependent on the performance of a particular index like the FTSE 100. If it does not perform in a certain way you may not receive any interest payments therefore. However the return of your original sum is not at risk and is guaranteed.


If you would like to have your money more easily available in case you need you might want to consider an instant access savings account. The AA offers an easy access saving option under its ISA plan that can be opened with £100 which offers unlimited free withdrawals. However it is important to remember that many providers offer instant access options and the AA is just option of many, for this reason it is wise to shop around before picking a plan.