A fixed rate bond (or fixed term savings account) is a simple investment product that pays out a guaranteed amount of interest after a set period. If you’ve got a lump sum you’re happy to put away and not touch for a while, a fixed-rate bond can be a great idea. They’re ideal for savers. Compare the best fixed rate bonds. Compare fixed rate bonds to find the best one for you. You can use MoneySuperMarket’s fixed rate bonds comparison tool to enter your savings deposit amount and compare deals. You can order the results ordered by the interest rate they offer, or by the savings.

Guide to fixed-rate bonds

The first thing to do when you compare fixed rate savings accounts is find the right balance between interest rate and term length. Usually, if you’re willing to leave your money for a longer term, you’ll get a higher rate of interest on your fixed term savings. But make sure you won’t need the money during the term, or you could lose out.

Best Fixed Rate Cash Isa Savings Accounts

Banks and building societies want you to invest your cash in their savings accounts, which is why they pay you interest.

But with a normal, easy-access account the bank or building society doesn't have any security - you can withdraw your money whenever you like.

That's why they're happy to pay a little bit more to savers using fixed-rate bonds.

These are accounts where you agree in advance not to touch your cash for a set time, typically between six months and five years.

In return for your money for a guaranteed time, the account provider guarantees you a fixed rate of interest.

That means that, whether rates fall or rise elsewhere, you'll continue to get the amount you agreed.

Fixed Rate Savings Uk

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Current Savings Account Interest Rates

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