Guaranteed interest rate for a year.Guaranteed interest rate for a year. Find out more Benefits of fixed rate savings accounts Make a one-off payment and let your savings grow Receive interest from your savings account (also known as a fixed rate bond) monthly or annually ...
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 idea...
A fixed-rate savings account will place restrictions on when you can withdraw your money. This means you’ll only be able to access your cash after a certain amount of time, which could be up to five years. You’ll be charged for taking your money out early. Generally, these types of...
In contrast there are fixed-rate savings accounts where you can earn a higher interest rate but need to keep the money in the account for a fixed period of time. Interest rate. This is one of the most important factors to consider. Just be aware that, depending on how much you can ...
A fixed-rate savings bond is different from a variable account, such as an easy-access account, where rates can fluctuate at the provider’s discretion. Generally speaking, fixed-rate bonds tend to offer some of the highest rate on the market. The longer you can afford to tie your money ...
5 things to consider before choosing a fixed-rate bond 1. The interest rate Some accounts have tiered interest rates depending on how much you have in your account, so make sure you know what the rate will be for your balance. 2. The minimum investment Many fixed-rate savings bonds re...
However, this accessibility comes at a price as the accounts normally offer a lower interest rate. Fixed-rate children’s savings accounts Alternatively, if you would like to lock away your children’s savings for up to five years, a fixed-rate bond could be a good option. This normally ...
Fixed Term Savings Put your money away for your future with our fixed term, fixed rate savings account. Use this savings account to: Fix your interest rate, so you know the amount of interest you'll get paid Have interest paid monthly on your savings, as well as at maturity ...
Compare our savings accounts and find the one that's right for you. Apply online or visit us in-branch.
See our range Cash ISAs, fixed rate accounts, instant access accounts, regular savings accounts and children's accounts. Compare interest rates and find the right savings account for your goals.