ING Direct Fixed Rate Bonds

Compare Fixed Rate Bonds

If you been looking at different savings plans you may have wondered if an ING Direct fixed term was right for you, ING direct UK is now part of Barclays, Barclays fixed rate bonds allow you to earn high returns on your money, all you have to do is lock your money away for a fixed period of time.

Fixed Rate Bond Selection
ProviderAccountInterest Rate (AER)TermApply
3.15%5 yearsMore Info >
  • Earn 3.15% AER for deposits from £5,000.
  • Guaranteed rate of interest for term of investment.
  • Interest paid annually or upon maturity
  • Sterling denominated
  • Please note all deposits held by Agribank are solely invested in the UK to support British farmers
  • Covered by the Malta Depositor Compensation Scheme
  • Must be UK resident and aged 18 or older
  • Must be funded from a UK bank account
3.00%5 YearsMore Info >
  • Save from £10,000 to £1,000,000
  • Manage your account in branch or online  
  • Interest paid monthly, annually or on maturity
  • Sole or joint accounts available
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be aged 18 or over and a UK resident
  • No additional deposits or withdrawals permitted during the term

2.35%4 YearsMore Info >
  • Earn 2.35% 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
2.50%5 YearMore Info >
  • Manage your account online, by phone or post
  • 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
2.45%4 YearMore Info >
  • Manage your account online, by phone or post
  • 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
2.20%3 YearsMore Info >
  • Earn 2.20% gross/AER fixed for 3 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
2.40%3 YearMore Info >
  • Manage your account online, by phone or post
  • 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
2.40%2 yearsMore Info >
  • Earn 2.40% AER/gross fixed for 2 years.
  • Minimum opening balance of £5,000; maximum balance £500,000.
  • Interest paid on maturity
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No additional deposits or withdrawals permitted.
1.95%2 YearMore Info >
  • Manage your account online, by phone or post
  • 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
2.00%2 yearsMore Info >
  • Earn 2.00% 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.
2.20%3 yearsMore Info >
  • Earn 2.20% 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.
2.00%1 YearMore Info >
  • Manage your account online, by phone or post
  • 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
2.00%1 yearMore Info >
  • Earn 2.00% AER/gross fixed for 1 year.
  • Minimum opening balance of £5,000; maximum balance £500,000.
  • Interest paid on maturity
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No additional deposits or withdrawals permitted.
1.40%1 yearMore Info >
  • Earn 1.40% 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.
Short Term Fixed Rate Bonds (0-2 years)
ProviderAccountInterest Rate (AER)TermApply
1.55%Instant AccessApply Now >
  • Earn 1.55% AER Gross.
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £100
  • Interest paid monthly or annually
  • 7 day support
  • Covered by the French Depositor Compensation Scheme
  • Apply in minutes
  • Must be UK resident and aged 18 or older
1.00%2 yearsApply Now >
  • Earn 1.00% Gross (1.00% AER) fixed for 2 years
  • Deposits are 100% guaranteed by Santander UK plc
  • Interest can be paid gross - subject to eligibility
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • No withdrawals allowed during the term
  • Minimum deposit of £50,000
  • Arrangement fee of £250
0.75%1 yearApply Now >
  • Earn 0.75% gross/AER fixed for 1 year
  • Deposits are 100% guaranteed by Santander UK plc
  • Interest can be paid gross - subject to eligibility
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • No withdrawals allowed during the term
  • Minimum deposit of £50,000
  • Arrangement fee of £250

Barclays fixed rate bonds offer:

 

  • 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 most bonds require you to lock away your savings for a set period of time, it is a good idea to shop around comparing plans before you commit to one. You may also want to consider alternative savings options to fixed rate bonds.

Alternatives to fixed rate bonds include:

  • Tracker Bonds – Tracker bonds are similar to fixed rate bonds but, instead of the rate of interest you receive staying consistent over the bond’s term, it will vary in reaction to any changes made to the Bank of England’s Base Rate which it is link to. This means you could potentially end up with a better or worse rate of interest on your bond depending on any changes made to the Base Rate.

 

  • Structured Deposit – Structured deposits also require you to lock your savings into an investment for a set period of time, but they are not bonds. Structured deposits tend to offer higher potential returns on your investment but you are not guaranteed to get the interest return. Structured Deposits are linked to an index or indices such as the FTSE 100. Your plan will state how the index it is tied to needs to perform in order for you to receive an interest payment. This means you risk making no interest on your investment. because of this you should carefully consider beforehand if you feel it is a risk worth taking.  

 

  • Instant access savings account – If you want to earn interest on your savings and still maintain easy access to your funds, in case you should ever need them, then an instant access savings account might suit you. although instant access savings accounts tend to offer lower rates of interest than bonds or structured deposits they do normally permit unlimited free withdrawals, so you do not need to worry if you ever need to quickly make a withdrawal.