Bonds generally have a fixed rate of interest, which means you know exactly how much your money is earning.
Benefits of fixed rate bonds include:
- Offer a competitive rate of interest, fixed between 6 months and 5 years
- Guaranteed return
- Interest paid monthly, annually or on bond maturity
If you have a lump sum to invest and can afford to leave your money where it is, you could really benefit from a fixed rate bond deal. See the table above for the latest bond deals from leading UK providers, or see the links below to compare other savings products: