Compare Barclays Fixed Rate Bonds
If you can keep your cash tied up for at least one year, Barclays fixed rate bonds could be right for you.There are a number of Barclays fixed rate bonds to choose from if you are an existing Barclays customer, and interest rates will vary depending on the term and minimum deposit. We don't currently have any Barclays fixed rate bonds available, but you can view the tables below to see the wide range of other fixed rate deals we have on offer:
Features of the Barclays fixed rate bonds can include:
- A fixed interest rate for the term of the bond
- A choice of fixed terms to suit your needs
- No withdrawals or additional deposits for the duration
- Monthly or annual interest options
- Minimum deposit of £500
- Maximum deposit of £1 million
- You cannot make any additional deposits
Barclays fixed rate bonds are available to existing customers only; see the table for other leading fixed rate bond deals.
As with most bonds you lose access to your money for a fixed period of time, and may end up with less in return if you close them early, it is important to try and get the best deal you can. Therefore shopping around before you take one out is a really wise decision.
Other types of plan you may wish to think about
Tracker bonds – These are similar to fixed rate, but instead of your interest rate staying consistent throughout the bond’s term, it will change in reflection to any increases or decreases in the Base Rate set by the Bank of England. This means if during the term the base rate raises you will benefit from an increase in how much you receive in interest, if however it decreases you will receive less.
- Structured Deposits – Like a bond a structured deposit requires you to lock up your funds for a period of time. This type of plan is normally tied to an index such as the FTSE 100. If over the plan the index or indices perform in a certain way you will receive your original investment back plus an interest payment typically larger than those offered by bonds or savings accounts. However if it does not perform in a certain way set out at the start of the plan you will receive your investment back but will no gains on it, so it is a risk that needs to be carefully considered beforehand.
- Savings Accounts – If you are looking into how you can earn interest on your savings while maintaining access to them should you ever need them before the end of the term then an instant access savings account may be the solution to you. Although they do offer lower interest rates than bonds or structured deposits, they usually offer unlimited free withdrawals meaning if you should ever need your savings you don’t need to worry about any forfeit for closing the account early.