Compare Nationwide Fixed Rate Bonds

Santander 123 Current Account

Earn 0.60% AER Fixed Interest for up to £20,000

0.60% AER (variable) payable on your entire balance up to £20,000
Up to 3% cashback on household bills
Must pay a minimum of £500 into the account each month
Monthly fee of £5
Mobile app

Our view: With this current account you get 0.60% AER on the first £20,000 of your cash. To qualify you will need to pay in £500 pm (Equates to a £6,000 pa salary) . Additionally you can gain up to 3% cashback on household bills – 1% on water, council tax bills and Santander mortgage payments, 2% on gas and electricity bills, and 3% on mobile phone, home phone, broadband and paid-for TV packages. The account has full savings FSCS protection. Santander 123 Account »

Account

Access Bank 1 Year Fixed Rate Bond

Interest Rate

0.55%
Gross/AER

Term

1 Year

Minimum Deposit

£5,000

More Information About This Account

Interest paid on maturity
Maximum deposit £500,000
FSCS Protected

Must be UK resident and aged 18 or older
No withdrawals permitted

Account

Access Bank 2 Year Fixed Rate Bond

Interest Rate

0.70%
Gross/AER

Term

2 Years

Minimum Deposit

£5,000

More Information About This Account

Market Leading 2 Year Fixed Rate
Interest paid annually
Maximum deposit £500,000
FSCS Protected

Must be UK resident and aged 18 or older
No withdrawals permitted

More information »

Account

Access Bank 3 Year Fixed Rate Bond

Interest Rate

0.80%
Gross/AER

Term

3 Years

Minimum Deposit

£5,000

More Information About This Account

Market Leading 3 Year Fixed Rate
Interest paid annually
Maximum deposit £500,000
FSCS Protected

Must be UK resident and aged 18 or older
No withdrawals permitted

Account

RCI Bank 4 Year Fixed Rate Bond

Interest Rate

0.90%
Gross/AER

Term

4 Years

Minimum Deposit

£1,000

More Information About This Account

Interest paid monthly or annually
Unlimited top-ups for the first 30 days
Which? Recommended Savings Provider
Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Must be UK resident and aged 18 or older
No withdrawals permitted
Maximum deposit £1,000,000

Account

RCI Bank 5 Year Fixed Rate Bond

Interest Rate

0.95%
Gross/AER

Term

5 Years

Minimum Deposit

£1,000

More Information About This Account

Interest paid monthly or annually
Unlimited top-ups for the first 30 days
Which? Recommended Savings Provider
Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Must be UK resident and aged 18 or older
No withdrawals permitted
Maximum deposit £1,000,000

Account

Access Bank 1 Year Fixed Rate Bond

Interest Rate

0.55%
Gross/AER

Term

1 Year

Minimum Deposit

£5,000

More Information About This Account

Interest paid on maturity
Maximum deposit £500,000
FSCS Protected

Must be UK resident and aged 18 or older
No withdrawals permitted

Account

Habib Bank Zurich 1 Year Fixed Rate Bond

Interest Rate

0.55%
Gross/AER

Term

1 Year

Minimum Deposit

£1,000

More Information About This Account

Interest paid at maturity
Open an account singly or jointly
FSCS Protected

Must be UK resident and aged 18 or older
Maximum deposit £1,000,000
No withdrawals permitted

Account

RCI Bank 1 Year Fixed Rate Bond

Interest Rate

0.40%
Gross/AER

Term

1 Year

Minimum Deposit

£1,000

More Information About This Account

Interest paid monthly or annually
Unlimited top-ups for the first 30 days
Which? Recommended Savings Provider
Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Must be UK resident and aged 18 or older
No withdrawals permitted
Maximum deposit £1,000,000

Account

Habib Bank Zurich 6 Month Fixed Rate Bond

Interest Rate

0.35%
Gross/AER

Term

6 Months

Minimum Deposit

£1,000

More Information About This Account

Interest paid at maturity
Open an account singly or jointly
FSCS Protected

Must be UK resident and aged 18 or older
Maximum deposit £1,000,000
No withdrawals permitted

Account

Hodge Bank 18 Month Fixed Rate Bond

Interest Rate

0.45%
Gross/AER

Term

18 Months

Minimum Deposit

£1,000

More Information About This Account

Interest paid at maturity
FSCS Protected

Must be UK resident and aged 18 or older
No withdrawals permitted

Account

Access Bank 2 Year Fixed Rate Bond

Interest Rate

0.70%
Gross/AER

Term

2 Years

Minimum Deposit

£5,000

More Information About This Account

Market Leading 2 Year Fixed Rate
Interest paid annually
Maximum deposit £500,000
FSCS Protected

Must be UK resident and aged 18 or older
No withdrawals permitted

More information »

Account

RCI Bank 2 Year Fixed Rate Bond

Interest Rate

0.60%
Gross/AER

Term

2 Years

Minimum Deposit

£1,000

More Information About This Account

Interest paid monthly or annually
Unlimited top-ups for the first 30 days
Which? Recommended Savings Provider
Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Must be UK resident and aged 18 or older
No withdrawals permitted
Maximum deposit £1,000,000

Account

Access Bank 3 Year Fixed Rate Bond

Interest Rate

0.80%
Gross/AER

Term

3 Years

Minimum Deposit

£5,000

More Information About This Account

Market Leading 3 Year Fixed Rate
Interest paid annually
Maximum deposit £500,000
FSCS Protected

Must be UK resident and aged 18 or older
No withdrawals permitted

Account

RCI Bank 3 Year Fixed Rate Bond

Interest Rate

0.75%
Gross/AER

Term

3 Years

Minimum Deposit

£1,000

More Information About This Account

Interest paid monthly or annually
Unlimited top-ups for the first 30 days
Which? Recommended Savings Provider
Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Must be UK resident and aged 18 or older
No withdrawals permitted
Maximum deposit £1,000,000

Account

RCI Bank 5 Year Fixed Rate Bond

Interest Rate

0.95%
Gross/AER

Term

5 Years

Minimum Deposit

£1,000

More Information About This Account

Interest paid monthly or annually
Unlimited top-ups for the first 30 days
Which? Recommended Savings Provider
Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Must be UK resident and aged 18 or older
No withdrawals permitted
Maximum deposit £1,000,000

Account

RCI Bank 4 Year Fixed Rate Bond

Interest Rate

0.90%
Gross/AER

Term

4 Years

Minimum Deposit

£1,000

More Information About This Account

Interest paid monthly or annually
Unlimited top-ups for the first 30 days
Which? Recommended Savings Provider
Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Must be UK resident and aged 18 or older
No withdrawals permitted
Maximum deposit £1,000,000

Plan Name

IDAD The Callable Deposit Plan

Potential Return

3.5% pa
or 50% of Index growth

Term

Maximum 7 years

ISA Option

Deposit Taker: Goldman Sachs International Bank

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan 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 plan is not held for the full term.

More information on this product

Plan can be ended early by Deposit Taker (Goldman Sachs International Bank)
3.5% per annum if plan ends early
50% x FTSE 100 Index growth if plan runs full term (capped at a maximum return of 24.5%)
Capital protected
Maximum 7 year term
Alternative to fixed rates
Available for cash ISA, ISA transfer and direct investment
Covered by the FSCS (Financial Services Compensation Scheme)
Application deadline for ISA transfers – 30 March 2021
Application deadline for 2020/21 ISA applications by cheque or bank transfer – 1 April 2021
Application deadline for direct and 2021/22 ISA applications by cheque – 6 April 2021
Application deadline for direct and 2021/22 ISA applications by bank transfer – 13 April 2021

If plan runs full term returns not guaranteed. You may only receive a return of your original capital
Minimum investment £10,000
An arrangement fee applies to this plan
If you withdraw your money during the plan you may get back less than you originally invested

Plan Name

Investec FTSE 100 3 Year Deposit Plan

Maximum Potential Return

4.5%
at end of term

Term

3 years

ISA Option

Deposit Taker: Investec Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan 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 plan is not held for the full term.

More information on this product

4.5% fixed return if the Index is higher than its Initial Level
Capital protected
3 year term
Short/medium term alternative to fixed rates
Available for cash ISA, ISA transfer and direct investment
Covered by the FSCS (Financial Services Compensation Scheme)
Deadline for ISA transfer applications – 19 March 2021
Deadline for Direct & ISA applications – 1 April 2021

Returns not guaranteed. You may only receive a return of your original capital
Minimum investment £3,000
An arrangement fee applies to this plan
If you withdraw your money during the plan you may get back less than you originally invested

Plan Name

Investec FTSE 100 6 Year Deposit Plan

Maximum Potential Return

19.5%
at end of term

Term

6 years

ISA Option

Deposit Taker: Investec Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan 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 plan is not held for the full term.

More information on this product

19.5% fixed return if the Index is higher than its Initial Level
Capital protected
6 year term
Medium/long term alternative to fixed rates
Available for cash ISA, ISA transfer and direct investment
Covered by the FSCS (Financial Services Compensation Scheme)
Deadline for ISA transfer applications – 19 March 2021
Deadline for Direct & ISA applications – 1 April 2021

Returns not guaranteed. You may only receive a return of your original capital
Minimum investment £3,000
An arrangement fee applies to this plan
If you withdraw your money during the plan you may get back less than you originally invested

Plan Name

Investec FTSE 100 3 Year Defensive Deposit Plan

Maximum Potential Return

3.5%
at end of term

Term

3 years

ISA Option

Deposit Taker: Investec Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan 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 plan is not held for the full term.

More information on this product

3.5% fixed return if the Index is higher than 90% of its Initial Level
Capital protected
3 year term
Short/medium term alternative to fixed rates
Available for cash ISA, ISA transfer and direct investment
Covered by the FSCS (Financial Services Compensation Scheme)
Deadline for ISA transfer applications – 19 March 2021
Deadline for Direct & ISA applications – 1 April 2021

Returns not guaranteed. You may only receive a return of your original capital
Minimum investment £3,000
An arrangement fee applies to this plan
If you withdraw your money during the plan you may get back less than you originally invested

Plan Name

Investec FTSE 100 6 Year Defensive Deposit Plan

Fixed Return

12%
if FTSE higher, 4.5% if lower

Term

6 years

ISA Option

Deposit Taker: Investec Bank plc

Important Information: This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan 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 plan is not held for the full term.

More information on this product

Fixed return – Either 12% if the Index is above the Initial Level, or 4.5% if it is the same or lower than the Initial Level
Capital protected
6 year term
Medium/long term alternative to fixed rates
Available for cash ISA, ISA transfer and direct investment
Covered by the FSCS (Financial Services Compensation Scheme)
Deadline for ISA transfer applications – 19 March 2021
Deadline for Direct & ISA applications – 1 April 2021

Minimum investment £3,000
An arrangement fee applies to this plan
If you withdraw your money during the plan you may get back less than you originally invested

Nationwide Fixed Rate Bond

If you are looking for a better rate of return from your savings than a saving account, you could try one of the Nationwide fixed rate bonds.

Terms can range from 6 months to 3 years, depending on how long you want to lock your cash away for, and with tiered interest rates, the more you save, the more you earn.

Nationwide fixed rate bonds features

Minimum opening deposit of £1
Choice of terms from 6 months to 3 years
Open several bonds as long as the total does not exceed £5 million
Choice of monthly or annual interest payments
Fixed rate of payment
Option to have a joint account
To open a Nationwide fixed rate bond you need to be at least 7 years old

As opening a nationwide fixed rate bond would require you to lock away your savings for a set period of time before you do so you might want to consider alternative savings options as well.

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