Ipswich Building Society Fixed Rate Bonds

Ipswich Building Society is a UK-based building society that offers a range of services to customers, most notably in the form of savings accounts and mortgages. If you are considering an Ipswich Building Society fixed rate bond, it is advisable that you compare this with a number of other fixed rate bonds available from different providers. We make this easy with our simple comparison tables - see below for our selection of the latest offers:

ProviderAccountInterest RateTermApply

2.01%

per annum

£500More Info >
Earn 2.01% fixed interest. 5 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

1.85%

per annum

£1,000More Info >
Earn 1.85% 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.

1.67%

per annum

£500More Info >
Earn 1.67% fixed interest. 3 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

1.60%

per annum

£500More Info >
Earn 1.60% fixed interest. 30 month term. Interest can be paid monthly or at maturity. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

1.54%

per annum

£1,000More Info >
Earn 1.54% fixed interest. 2 year term. Interest can be paid monthly, quarterly or at maturity. Minimum deposit £1,000, Maximum deposit £200,000. No withdrawals permitted. FSCS Protected

1.44%

per annum

£500More Info >
Earn 1.44% fixed interest. 18 month term. Interest can be paid monthly or at maturity. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

1.35%

per annum

£500More Info >
Earn 1.35% fixed interest. 1 year term. Interest can be paid monthly or at maturity. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

1.25%

per annum

3 YearMore Info >
1.25% gross/AER fixed for 3 years. £1,000 minimum opening balance. Withdraw cash early if you need to (subject to loss of interest).

1.20%

per annum

2 YearMore Info >
1.20% gross/AER fixed for 2 years. £1,000 minimum opening balance. Withdraw cash early if you need to (subject to loss of interest).
1.05%1 YearMore Info >
1.05% gross/AER fixed for 1 year. £500 minimum opening balance. Withdraw cash early if you need to (subject to loss of interest).
1.02%Instant AccessMore Info >
MARKET LEADING: Earn 1.02% gross/AER Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.
0.75%Current Account
Instant Access
More Info >
Innovative new banking service powered by Clydesdale and Yorkshire Banks. Get your current account and instant access savings account working together. Earn 0.75% AER on ALL instant access savings balances, and 0.25% AER on current account balances up to £2,000. No monthly account fee
0.75%Easy AccessMore Info >
Earn 0.75% tax free/AER variable. Open with £100. Unlimited free withdrawals. Transfer in ISAs held elsewhere - no limit
0.75%Easy AccessMore Info >
0.75% gross/AER on balances from £1,000 to £1 million. Guaranteed to be at least 0.50% above Base Rate** until 31st December 2017. Unlimited withdrawals without restriction or loss of interest.
Short Term Fixed Rate Bonds (0-2 years)
ProviderAccountInterest RateTermApply
1.02%Instant AccessApply Now >
MARKET LEADING: Earn 1.02% gross/AER Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.
Medium Term Fixed Rate Bonds (3-4 years)
ProviderAccountInterest RateTermApply

1.35%

per annum

£1,000Apply Now >
Earn 1.35% gross/AER fixed for 3 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available
Long Term Fixed Rate Bonds (4+ years)
ProviderAccountInterest RateTermApply

2.00%

per annum

£1,000Apply Now >
Earn 2.00% 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.

Ipswich Building Society’s fixed rate bond deals include features such as:

 

  • Fixed interest rates for a choice of terms
  • Limitations on accessing the money
  • No additional deposits allowed
  • Interest paid upon maturity
  • The option to receive monthly interest
  • Tiered interest rates, so the more you save the more you earn

 

To be eligible for an Ipswich Building Society fixed rate bond you must:

 

  • Be a resident in one of the following postcodes: IP, NR, CO, CM, CB and PE
  • Be aged 16 or over
  • Be a resident of the United Kingdom

 

Alternatives to fixed rate bonds

 

If you are considering investing in a fixed rate bond, you may wish to also consider alternative savings products first, as bonds require you to lock your money away with a set period of time you don’t want to do so and then later find a product that would have been more suitable for needs.

 

  • Tracker bonds – This is a different type of bond, unlike with a fixed rate where the interest rate is consistent throughout the bond’s term, the interest rate tracker’s receive can vary over their course, this is because the interest rate is linked to the Bank of England’s Base Rate, as such if a change is made to the base rate, the rate of interest you receive on your bond will also change to reflect this, this means you could get a better or worse rate of interest.

 

  • Structured Deposits – Structured deposits also require you to lock your savings into the investment for a set period of time, however they usually offer higher potential interest returns, but they are not guaranteed. Structured deposits work by being linked to an index or indices such as the FTSE 100. If the index the plan is tied to do not perform in the way laid down by the plan then you will only receive your original deposit back without any of the interest. Because you risk not getting gaining any interest with this type of savings product.

 

  • Savings Account – If you are looking into how you can earn interest on your savings but still also maintain access to them should you ever need them then an instant access savings account may be the solution to you. Although they do normally offer lower interest rates than bonds or structured deposits, they tend to 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.
Alternatives to Fixed Rate Bonds
ProviderPlanDeposit TakerPotential ReturnTermMore Info
6 Year Defensive Deposit PlanInvestec Bank plc

24%

at end of term

6 yearsMore Info >
6 year capital protected structured deposit plan which aims to return 24% if the FTSE 100 is higher than 95% of Initial Level. Also available for Cash ISA and ISA transfer.
4 Year Deposit PlanInvestec Bank plc

12%

at end of term

4 yearsMore Info >
4 year capital protected structured deposit plan which aims to return 12% if the FTSE 100 is higher. Also available for Cash ISA and ISA transfer.
Kick Out Deposit PlanInvestec Bank plc

3%

per annum

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

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.