Fixed Rate ISA

  - Find the best fixed rate ISA using our independent Best Buys and whole of market search.
Also look at:

Compare the Best Fixed Rate Cash ISAs

Compare
Up to 3 products
side by side
AER Notice / Term Min Invest Transfer In Account Opening Search all
1572 accounts
 

How Long are you looking to fix?

 
  1 Year Fixed Rate ISAs  


1 Year Fixed Rate Cash NISA
1.65%
1 Year Bond £2000 Yes
  1. No
  2. Yes
  3. Yes
  4. No
Details...  


1 Year Fixed ISA
1.65%
1 Year Bond £5000 Yes
  1. No
  2. Yes
  3. Yes
  4. No
Details...  


Virgin Fixed Rate Cash E-ISA Issue 110
1.60%
24.03.16 £1 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  


Cash NISA 1 Year Fixed Rate Bond Issue 1
1.60%
1 Year Bond £5000 No
  1. No
  2. Yes
  3. Yes
  4. No
Details...  


1 Year Fixed Rate ISA
1.55%
1 Year Bond £1 Yes
  1. Yes
  2. No
  3. No
  4. Yes
Details...  


Online ISA- 1 year Fixed Rate Issue 1
1.55%
1 Year Bond £500 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  


Fixed Rate Cash ISA
1.50%
1 Year Bond £1 Yes
  1. Yes
  2. No
  3. No
  4. Yes
Details...  

1 Year Fixed Rate Cash ISA
1.50%
1 Year Bond £1000 Yes
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Proceed
 


One year fixed rate cash NISA issue 18
1.50%
1 Year Bond £1000 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  


1 Year Fixed Rate ISA
1.45%
1 Year Bond £1 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...  
     
  2 Year Fixed Rate ISAs  


Cash ISA- Fixed Rate Bond (Issue 27)
2.10%
28.04.17 £2000 Yes
  1. No
  2. Yes
  3. No
  4. No
Details...  


Cash ISA-Fixed Rate Bond (Issue 27)
2.10%
28.04.17 £2000 Yes
  1. No
  2. Yes
  3. No
  4. No
Details...  


Online ISA- 2 year Fixed Rate Issue 1
1.95%
2 Year Bond £500 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  


2 Year Fixed Rate Cash ISA Bond Issue 3
1.95%
2 Year Bond £5000 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  


2 Year Fixed ISA
1.90%
2 Year Bond £5000 Yes
  1. No
  2. Yes
  3. Yes
  4. No
Details...  


Two year fixed rate cash NISA issue 17
1.85%
2 Year Bond £1000 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  

2 Year Fixed Rate Cash ISA
1.85%
2 Year Bond £1000 Yes
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Proceed
 


2 Year Fixed Rate ISA Issue 63
1.80%
02.04.17 £100 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  


Fixed Rate ISA Issue 16
1.80%
31.05.17 £500 Yes
  1. No
  2. Yes
  3. No
  4. No
Details...  


2 Year Fixed Rate Cash ISA Issue 3
1.75%
2 Year Bond £1 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...  
     
  3 Years & Over Fixed Rate ISAs  

Online 5 Years Cash ISA Fixed Deposit
2.50%
5 Year Bond £15000 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 

Online 1000 Days Cash ISA Fixed Deposit
2.30%
1000 Day Bond £15000 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 


Fixed Rate ISA (25) 30.11.2018
2.25%
30.11.18 £1 No
  1. Yes
  2. Yes
  3. Yes
  4. Yes
Details...  


Virgin Fixed Rate Cash E-ISA Issue 106
2.25%
24.02.20 £1 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  


5 Year Fixed Rate Cash ISA
2.25%
5 Year Bond £1 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...  


5 Year Fixed Rate ISA (Issue 3)
2.25%
23.03.20 £500 Yes
  1. Yes
  2. Yes
  3. Yes
  4. Yes
Details...  


5 Year Fixed Rate Cash ISA Issue 134
2.20%
5 Year Bond £500 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  


5 Year Fixed ISA
2.20%
5 Year Bond £5000 Yes
  1. No
  2. Yes
  3. Yes
  4. No
Details...  


5 Year Fixed Rate ISA Issue 43
2.10%
31.03.20 £100 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  


Fixed Rate Cash ISA Issue 14
2.10%
3 Year Bond £500 Yes
  1. No
  2. Yes
  3. Yes
  4. No
Details...  
     
     
  Sponsored Products  

1 Year Fixed Rate Cash ISA
1.50%
1 Year Bond £1000 Yes
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Proceed View 1 Year Fixed Rate ISAs Best Buys
 

3 Year Fixed Rate Cash ISA
2.00%
3 Year Bond £1000 Yes
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Proceed View 3 Years & Over Fixed Rate ISAs Best Buys
 

5 Year Fixed Rate ISA
1.90%
5 Year Bond £500 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...
Proceed View 3 Years & Over Fixed Rate ISAs Best Buys
 
Compare
Last Updated: Tuesday 3 March 2015 18:26

Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to open an account today. Products shown with a yellow background are sponsored products.

Disclaimer:
All rates subject to change without notice. Please check all rates and terms before investing or borrowing.
 

Fixed rate ISAs explained

  • Fixed rate cash ISAs (or NISAs) tend to pay higher rates than easy access or notice period ISAs
  • Make sure you can commit your money for the full term
  • Once withdrawn from sale to new customers you can’t make further additions
  • Not all fixed rate ISAs accept transfers in from existing ISAs
  • You can hold more than one cash ISA/NISA at a time, but you can’t open more than one per tax year
  • Tax advantages will depend on your individual circumstances and may change in the future

Fixed rate ISAs pay a set amount of interest over a specific term. Because the bank or building society knows that your money will be invested with it for the duration of the term, it can afford to pay you a higher interest rate than on an easy access ISA where it has no such certainty.

Warning Think about whether you’ll need to access your money during the term as there can be large interest penalties if you need to get at your funds early.

Penny PigYou can hold more than one cash ISA at a time, although you can only open one new cash ISA/NISA per tax year (6th to the next 5th April). So you can have a fixed rate ISA for money you don’t need access to, as well as an easy access ISA.

Depositing into a fixed rate ISA…

In the 2014-15 tax year you can deposit up to £15,000 into a cash ISA/NISA. You can also transfer across previously accumulated cash ISA funds into a fixed rate ISA. However, not all ISAs allow transfers in from existing accounts, so be sure to check this before opening.

Once opened and the initial deposit and/or transfer is made, you may not be able to make any further additions to your fixed rate ISA. Sometimes a provider will allow you to make further contributions while the ISA remains on general sale, but once it is withdrawn you will be unable to add to your pot.

Some providers will also let you top up to the new £15,000 NISA allowance, but this might only be an option for a limited time. Make sure to check or, if in doubt, contact your provider.

Early access penalties…

You can access your money from a fixed rate ISA/NISA but this will be at the expense of a penalty.

  • All cash ISAs allow you to transfer your money into another ISA, at any time.
  • However, they don’t have to allow you to be able to withdraw your money directly (in order to make a withdrawal you might have to transfer your money to an easy access ISA first).

If you do need to access money held in a fixed rate ISA before the end of its term you could well have to forfeit a fair amount of interest. Generally interest penalties will be a flat amount, or a tapered amount depending on when during the term you need to access your cash. Less commonly, some ISAs/NISAs may charge a flat fee instead, such as £50. While this might at first glance appear off-putting, on larger balances £50 could actually be cheaper than an interest penalty.

Although early access penalties are an important feature of a fixed rate ISA, you shouldn’t open one if you think you might need access during the term.

If you do withdraw your money from an ISA, you may not be able to replace it later. You can only put up to £15,000 into a cash ISA/NISA in the 2014-15 tax year, regardless of how much money you withdraw.

What Next?

Best cash ISA rates
Use our whole of market savings search  to find your ideal cash ISA

Compare:

Download your free moneyfacts.co.uk guide to ISAs

Did you know your partner can inherit your ISA?
Did you know your partner can inherit your ISA?

The ISA landscape has been transformed in the last few months, but there’s been one announcement tha... More

Do you know your ISA limits?
Do you know your ISA limits?

ISAs should be the first port of call for anyone looking to maximise their tax efficiency, and least... More

Top 6 inflation-beating cash ISAs
Top 6 inflation-beating cash ISAs

During January inflation fell to 0.3%, down from December's rate of 0.5% and the lowest figure ever ... More

Could an ISA revival be on the cards?
Could an ISA revival be on the cards?

Do you know about the new ISA rules? If so, are you taking advantage of them? According to research ... More

Do you understand the ins and outs of a JISA?
Do you understand the ins and outs of a JISA?

This week heralds the JISA’s third birthday, but although this type of savings vehicle is no longer ... More

What is a cash ISA?
What is a cash ISA?

Cash ISAs are a special type of savings account that pay interest tax-free. Each tax year you get an... More

2014-15 ISA Allowance Guide
2014-15 ISA Allowance Guide

Download your FREE Guide to ISA allowances for the 2014-15 tax year. Find out everything you need t... More

How to transfer a cash ISA
How to transfer a cash ISA

Cash ISA transfers can allow you to get a better interest rate and bring your ISAs together in one p... More

N&P increases ISA rate by 0.10%
N&P increases ISA rate by 0.10%

Norwich & Peterborough has increased the rate on selected fixed rate accounts, with its three-year I... More

Cash ISA retains top spot with 0.20% increase
Cash ISA retains top spot with 0.20% increase

Al Rayan Bank has increased the rate on its notice cash ISA by 0.20%, ensuring it retains its positi... More

New ISAs launched by the Post Office
New ISAs launched by the Post Office

The Post Office has unleashed some new fixed rate cash ISAs on the market, one of which now sits beh... More

Monmouthshire BS rewards savers with new ISA
Monmouthshire BS rewards savers with new ISA

Monmouthshire Building Society has unveiled a new ISA for its customers, which boasts a market-leadi... More

Monmouthshire BS boosts rates on its cash ISA
Monmouthshire BS boosts rates on its cash ISA

Monmouthshire Building Society has hitched up the rate on its cash ISA by 0.65%, meriting it a four-... More