Fixed Rate Savings Commentary

Latest fixed rate bond rates

James Caldwell / 17 May 2012

For those looking to get a better deal from their cash and who are prepared to tie up capital for a set term, savers should give fixed rate savings bonds a closer look. Fixed rate bond deals are cha... Read more

Inflation linked or fixed rate savings

Oliver Roylance-Smith / 12 December 2011

To help savers find a solution to rising inflation and low interest rates, Oliver Roylance-Smith, head of savings and investment at Fair Investment, weighs up the pros and cons of inflation lin... Read more

Savings map shows higher savings plans for many in 2011

Paul Dicken / 15 January 2011

Many savers are more ambitious about their savings plans in 2011 after a difficult 2010, a map of British saving habits produced by HSBC shows. The data compiled by HSBC shows Britons struggled to i... Read more

Fixed Term Savings Bonds

Fixed Term Savings Bonds

If you want returns on your savings that are guaranteed, fixed term savings bonds allow you to do just that. There are a lot of different options in the savings market so if you're looking for returns that are guaranteed, fixed rate savings bonds could be the answer.

See the table below for some of the latest fixed term savings bonds and apply online:

Fixed Rate Bond Selection
ProviderAccountInterest Rate (AER)TermApply
4.26%5 YearsApply Now >
  • Earn 4.26% gross/AER fixed for 5 years
  • Save from £1,000 - £250,000
  • Monthly and annual interest options
  • Online savings account 
  • No withdrawals allowed
  • Bond designed to be held for full term
  • Must be UK resident and over 18
3.72%3 YearsApply Now >
  • Earn 3.72% gross/AER fixed for 3 years
  • Save from £500
  • Monthly and annual interest options
  • Online savings account
  • No withdrawals or additional deposits allowed
  • Bond designed to be held for full term
  • Must be UK resident and aged 18 or over
3.63%2 YearsApply Now >
  • Earn 3.63% gross/AER fixed for 2 years
  • Save from £500
  • Monthly and annual interest options
  • Online savings account
  • No withdrawals or additional deposits allowed
  • Bond designed to be held for full term
  • Must be UK resident and aged 18 or over
3.27%1 YearApply Now >
  • Earn 3.27% gross/AER fixed for 1 year
  • Save from £500
  • Monthly and annual interest options
  • Online savings account
  • No withdrawals or additional deposits allowed
  • Bond designed to be held for full term
  • Must be UK resident and aged 18 or over 
Alternatives to Fixed Rate Bonds
ProviderPlanDeposit TakerPotential ReturnTermMore Info
FTSE 100 3 Year Deposit Plan Investec Bank plc17.25%3 yearsMore Info >
  • 3 year structured deposit plan
  • Capital protected
  • Target return of 17.25%
  • Available as a Cash ISA & for ISA transfers
  • Also available to businesses, charities and trusts
  • Plan designed to be held for full term
  • May close early if oversubscribed
Deposit Kick OutRoyal Bank of Scotland plc9.50%
per annum		Up to 6 yearsMore Info >
  • Structured deposit plan with a term of up to 6 years
  • Capital protected
  • Available as a Cash ISA & for Cash ISA transfers
  • Also available to businesses, charities and trusts
  • Returns linked to the performance of 5 FTSE 100 Companies
  • Plan designed to be held for full term
  • May close early if oversubscribed
Income Deposit PlanRoyal Bank of Scotland plc7.00%
per annum		6 YearsMore Info >
  • 6 year structured deposit plan
  • Capital protected
  • Available for Cash ISA & Cash ISA transfers
  • Also available to businesses, charities and trusts
  • Income is not guaranteed
  • Plan designed to be held for full term
  • May close early if oversubscribed
FTSE 100 Kick Out Deposit Plan - Option 2Investec Bank plc6.00%
per annum		Up to
5 years		More Info >
  • 5 year structured deposit plan
  • Capital protected
  • Potential for early maturity after years 2,3 and 4
  • Available as a Cash ISA & for ISA transfers
  • Also available to businesses, charities and trusts
  • Plan designed to be held for full term
  • May close early if oversubscribed
FTSE 100 Deposit Growth PlanInvestec Bank plcNo limit5 yearsMore Info >
  • 5 year structured deposit plan
  • Capital protected
  • Potential to return 1.05 x FTSE 100 growth
  • Available as a Cash ISA & for ISA transfers
  • Also available to businesses, charities and trusts
  • Plan designed to be held for full term
  • May close early if oversubscribed
Growth Deposit BondCater Allen50%6 yearsMore Info >
  • 6 year structured deposit plan
  • Capital protected
  • Target return of 9.00% or if greater 1 x any FTSE 100 growth (capped at 50%)
  • Available as a Cash ISA & for ISA transfers
  • Also available to businesses, charities and trusts
  • Plan designed to be held for full term
  • May close early if oversubscribed
Enhanced Growth PlanSantander UK plc40%6 yearsMore Info >
  • 6 year structured deposit plan
  • Capital protected
  • 4 x any rise in the FTSE 100 capped at 40%
  • Available as a Cash ISA & for Cash ISA transfers
  • Also available to businesses, charities and trusts
  • Plan designed to be held for full term
  • May close early if oversubscribed
Annual Locked-In Return PlanSantander UK plc39%6 yearsMore Info >
  • 6 year structured deposit plan
  • Capital protected
  • 6.5% potential annual return
  • Available for Cash ISAs & Cash ISA transfers
  • Also available to businesses, charities and trusts
  • Plan designed to be held for full term
  • May close early if oversubscribed

These are structured deposit plans and are capital protected. There is a risk that the company backing the plans or any company associated with the plans may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) , depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plans are not held for the full term.

If you are at all unsure of the suitability of these types of investments, both in respect of their objectives and risk profiles, you should seek independent financial advice.

And, we make it easier to find the right fixed rate savings bond for you, which offers:

  • A fixed rate of interest, unaffected by changes in the economy
  • A guaranteed return on your investment
  • A choice of terms – choose how long to lock your cash away

The more you save and the longer you are willing to lock it away for, the higher your rewards are likely to be, so compare fixed rate savings bonds with our simple and FREE comparison table and see which one offers the best deal for your requirements. 

 

 

Fixed Rate Bond Provider Reviews