Best 1 Year Fixed Rate Savings Deals

With savings rates on the rise, we take a look at some of the best 1 year fixed rate bonds in the UK market.

If you have £1,000 more to deposit then Ahli United Bank currently offers the UK market leading fixed deal with a 2.55% AER rate. This account is FSCS protected up to £85,000. Available to UK residents aged 18 or older, you can access this rate via Raisin, and if you are looking to deposit £10,000 or more then you will be eligible for a £25 bonus. No withdrawals are permitted during the term. The maximum deposit with this account is £85,000. Interest is paid on maturity.

For deposits from £5,000 to £250,000, Investec will pay a 2.40% AER rate with interest paid on maturity. You must have a UK residential address to qualify for this bond and you must be 18 or older. You cannot have held an Investec Online Flexi Saver or Fixed Rate Saver Account in the last 12 months. The Account is FSCS protected up to £85,000 and interest is paid on maturity.

1 Year Fixed Rate Savings Accounts

FSCS Protected (Up to £85,000)
Providers
Rate (AER)Min/Max DepositMore
Info
Ahli United Bank Fixed Rate2.55%
£1,000 / £85,000Go »
Investec Fixed Rate Savings2.40%
£5,000 / £250,000Go »
Charter Savings Fixed Rate2.34%£1,000 / £85,000Go »
Ford Fixed Rate Savings2.30%£500 / £2,000,000Go »
UBL Fixed Rate Savings2.30%£1,000 / £85,000Go »

For deposits between £1,000 and £85,000 Charter Savings Bank are currently offering 2.34% AER with interest paid on maturity. This account is FSCS protected up to £85,000. Available to UK residents aged 18 or older, you can access this rate via Raisin, and if you are looking to deposit £10,000 or more then you will be eligible for a £25 bonus. No withdrawals are permitted during the term. The maximum deposit with this account is £85,000. Interest is paid on maturity.

With a minimum deposit of £500 and the facility to top up your account as much as you like in the first 14 days from application, Ford Money are offering a 12 month fixed rate of 2.30% AER. Your money is protected by the FSCS up to £85,000. You can deposit up to £2,000,000 into this account. Interest is paid on maturity.

UBL offer a 1 year fixed rate bond paying 2.30% AER on deposits of £1,000 up to £85,000. This account is FSCS protected up to £85,000. Available to UK residents aged 18 or older, you can access this rate via Raisin, and if you are looking to deposit £10,000 or more then you will be eligible for a £25 bonus. No withdrawals are permitted during the term. The maximum deposit with this account is £85,000. Interest is paid on maturity.

If you are looking for other options for your money including instant access and fixed rate bonds over 2,3 and 5 years see our latest deals from UK savings providers.

 

Written by Editorial Team ,
10th June 2022