Best Fixed Rate Bonds in the UK
Lock in a high interest rate for 1 to 5 years. Perfect for money you don't need to touch.
Compare Fixed Rate Savings optionsReady to compare Fixed Rate Savings?
Run a full market comparison before you commit. It takes about five minutes and there's no obligation to apply.
About fixed rate savings
Fixed rate bonds guarantee your interest rate for a set period.
In exchange for locking your money away, you typically get a higher rate than easy access.
What affects fixed rate savings
- Term length
- Interest rate
- Early exit penalties
- Tax status
Why compare Fixed Rate Savings with us
Guaranteed Rate
Protection against falling market rates.
Higher Yields
Usually the best rates for lump sums.
Fixed Term Comparison
Typical rates by duration.
| Term | Expected Rate |
|---|---|
| 1 Year | 4.8% - 5.0% |
| 2 Year | 4.6% - 4.9% |
| 3 Year | 4.4% - 4.7% |
Top Bonds
Currently competitive offers.
| Provider | Duration |
|---|---|
| Atom Bank | 1 Year Fixed |
| SmartSave | 2 Year Fixed |
Expert advice
UK consumer finance is strictly regulated to protect you. Always check for FCA authorisation.
“Fixed bonds are ideal when you think interest rates in the wider market are about to fall.”
Fixed Rate Savings: pros and cons
Pros
- Inflation protection
- Peace of mind
- Higher interest
Cons
- No access to funds
- Rates might rise later
- Minimum deposits often £1,000+
Choosing Fixed Rate Savings
Match the term to money you genuinely won't need before it matures.
- 1
Pick the right term
Don't lock away your emergency fund.
- 2
Compare 1 vs 2 years
Sometimes the shorter term pays more.
Compare Fixed Rate Savings
See what's available for your business today. It takes just minutes.
Steps for Fixed Rate Savings
Fixed bonds are usually opened in one sitting, since there's a single lump-sum deposit.
1. Decide on amount
Money you won't need.
2. Apply online
Verify identity and transfer.
Important considerations
Early withdrawal is often impossible or very costly.
Interest is usually paid annually or at maturity.
Our Fixed Rate Savings guide
We compare fixed-term bond rates across UK banks so you can see the best guaranteed rate for your chosen term.
We highlight early-withdrawal terms clearly, since most fixed bonds don't allow access at all before maturity.
How to open a fixed-rate bond
1
Choose your term
Only lock away money you won't need until maturity.
2
Compare guaranteed rates
Check 1, 2 and 3-year rates against your circumstances.
3
Deposit your lump sum
Most bonds require the full deposit upfront, with no further additions.
Why choose Grow Your Business?
Wide choice of providers
We compare a broad range of UK providers so you can find the option that actually fits how your business operates.
Exclusive offers
We work hard to bring you exclusive deals, switching incentives and cashback where they're available.
Simple and fast
It takes just a few minutes to compare with us — and the deal you find could be well below what you pay today.
Types of Fixed Rate Savings
Different options for different needs.
Pick the right term
Don't lock away your emergency fund.
Compare 1 vs 2 years
Sometimes the shorter term pays more.
Providers we compare
Logos are for identification only. Check individual provider terms for full details.
Atom Bank
SmartSaveComparing with us is a no-brainer
“Locked in 5% for two years just before rates started to dip.”
Rita, Edinburgh
Fixed Rate Savings guides
Fixed Rate Savings FAQs
Can I add money later?
Usually no, just a single lump sum.
What happens at the end?
The money matures into a standard saver.
Written by the Grow Your Business editorial team · Updated 26 July 2026