1 Year Fixed Rate Bonds

1 Year Fixed Rate Bonds

Compare 1 Year Fixed Rate Bond Deals

Account
Wyelands Bank 6 Month Fixed Rate Bond
Interest Rate
1.60%
Gross/AER
Term
6 Months
Minimum Deposit
£5,000
Account
Ford Money 1 Year Fixed Rate Bond
Interest Rate
2.00%
Gross/AER
Term
1 Year
Minimum Deposit
£500
Account
Ford Money 2 Year Fixed Rate Bond
Interest Rate
2.22%
Gross/AER
Term
2 Years
Minimum Deposit
£500
Account
RCI Bank 3 Year Fixed Rate Bond
Interest Rate
2.36%
Gross/AER
Term
3 Years
Minimum Deposit
£1,000
Account
Axis Bank 5 Year Fixed Rate Bond
Interest Rate
2.35%
Gross/AER
Term
5 Years
Minimum Deposit
£1,000
Account
Ford Money 1 Year Fixed Rate Bond
Interest Rate
2.00%
Gross/AER
Term
1 Year
Minimum Deposit
£500
Account
Access Bank 1 Year Fixed Rate Bond
Interest Rate
1.95%
Gross/AER
Term
1 Year
Minimum Deposit
£5,000
Account
Zenith Bank 1 Year Fixed Rate Bond
Interest Rate
1.90%
Gross/AER
Term
1 Year
Minimum Deposit
£1,000
Account
Wyelands Bank 1 Year Fixed Rate Bond
Interest Rate
1.90%
Gross/AER
Term
1 Year
Minimum Deposit
£5,000
Account
Axis Bank 1 Year Fixed Rate Bond
Interest Rate
1.85%
Gross/AER
Term
1 Year
Minimum Deposit
£1,000
Account
Habib Bank Zurich 1 Year Fixed Rate Bond
Interest Rate
1.85%
Gross/AER
Term
1 Year
Minimum Deposit
£1,000
Account
RCI Bank 1 Year Fixed Rate Bond
Interest Rate
1.71%
Gross/AER
Term
1 Year
Minimum Deposit
£1,000
Account
Aldermore Bank 1 Year Fixed Rate Bond
Interest Rate
1.70%
Gross/AER
Term
1 Year
Minimum Deposit
£1,000
Account
Wyelands Bank 6 Month Fixed Rate Bond
Interest Rate
1.60%
Gross/AER
Term
6 Months
Minimum Deposit
£5,000
Account
Habib Bank Zurich 6 Month Fixed Rate Bond
Interest Rate
0.80%
Gross/AER
Term
6 Months
Minimum Deposit
£1,000
Account
Ford Money 2 Year Fixed Rate Bond
Interest Rate
2.22%
Gross/AER
Term
2 Years
Minimum Deposit
£500
Account
Access Bank 2 Year Fixed Rate Bond
Interest Rate
2.20%
Gross/AER
Term
2 Years
Minimum Deposit
£5,000
Account
Zenith Bank 2 Year Fixed Rate Bond
Interest Rate
2.20%
Gross/AER
Term
2 Years
Minimum Deposit
£1,000
Account
Wyelands Bank 2 Year Fixed Rate Bond
Interest Rate
2.15%
Gross/AER
Term
2 Years
Minimum Deposit
£5,000
Account
RCI Bank 2 Year Fixed Rate Bond
Interest Rate
2.11%
Gross/AER
Term
2 Years
Minimum Deposit
£1,000
Account
Aldermore Bank 2 Year Fixed Rate Bond
Interest Rate
1.95%
Gross/AER
Term
2 Years
Minimum Deposit
£1,000
Account
RCI Bank 3 Year Fixed Rate Bond
Interest Rate
2.36%
Gross/AER
Term
3 Years
Minimum Deposit
£1,000
Account
Access Bank 3 Year Fixed Rate Bond
Interest Rate
2.35%
Gross/AER
Term
3 Years
Minimum Deposit
£5,000
Account
Axis Bank 3 Year Fixed Rate Bond
Interest Rate
2.31%
Gross/AER
Term
3 Years
Minimum Deposit
£1,000
Account
Zenith Bank 3 Year Fixed Rate Bond
Interest Rate
2.30%
Gross/AER
Term
3 Years
Minimum Deposit
£1,000
Account
Aldermore Bank 3 Year Fixed Rate Bond
Interest Rate
2.05%
Gross/AER
Term
3 Years
Minimum Deposit
£1,000
Account
Axis Bank 5 Year Fixed Rate Bond
Interest Rate
2.35%
Gross/AER
Term
5 Years
Minimum Deposit
£1,000
Account
Aldermore Bank 5 Year Fixed Rate Bond
Interest Rate
2.25%
Gross/AER
Term
5 Years
Minimum Deposit
£1,000
Account
Aldermore Bank 4 Year Fixed Rate Bond
Interest Rate
2.10%
Gross/AER
Term
4 Years
Minimum Deposit
£1,000

A 1 year fixed rate bond is a form of savings account which offer you a guaranteed interest payment over the fixed period of 12 months.

Advantages

  • The interest rate offered is guaranteed for 1 year. This is unlike instant access savings accounts where the interest rate can go down or up at short notice.
  • Different banks and building societies will have different views on short, medium to long term interest rates. If interest rates rise more slowly than expected a fixed rate bond may give you a better return than what you could expect from an instant access account.
  • Some fixed rate bonds provide flexibility e.g. 1 withdrawal over the term.
  • Fixed rate bonds range from 2 months to 5 years in duration so you can choose a term that suits your circumstances
  • Many fixed rate bond providers offer online access so you can see how much interest you are earning.

Disadvantages

  • The benefit of enjoying a higher rate of interest must be weighed against tying up your capital for a fixed term. If you need access to your capital before maturity this may not be possible and if it is there may be interest penalties.
  • If interest rates rise over the term of the investment you may find the interest rate on your capital is no longer competitive compared to new offerings in the market.
  • Many fixed rate bond providers require a high minimum deposit e.g. £5,000