2 Year Fixed Rate ISAs - Best ISA Rates | moneyfacts.co.uk

2 Year Fixed Rate ISA Best Buys

  - Find the best 2 year fixed rate ISA with our independent Best Buys.
 
Also look at:

Compare the Best 2 Year Fixed Rate Cash ISAs

Compare
Up to 3 products
side by side
AER Notice / Term Min Invest Transfer In Account Opening Search all
1489 accounts
 

1.20%
2 Year Bond £1000 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

1.15%
24.01.19 £1 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  

1.15%
28.02.19 £100 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  

1.10%
2 Year Bond £500 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

1.05%
20.12.18 £500 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...  

1.00%
2 Year Bond £1 Yes
  1. No
  2. Yes
  3. No
  4. No
Details...  

1.00%
31.01.19 £500 Yes
  1. No
  2. Yes
  3. No
  4. No
Details...  

1.00%
2 Year Bond £500 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  

1.00%
2 Year Bond £500 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  

1.00%
2 Year Bond £1000 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  
  Sponsored Products  

0.75%
2 Year Bond £1 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...
Go to Site
 
Compare
Last Updated: Tuesday 24 January 2017 00:07

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.

The UK Government has proposed to increase the deposit protection level from £75,000 to £85,000 of eligible deposits from 30 January 2017.

Disclaimer:
All rates subject to change without notice. Please check all rates and terms before investing or borrowing.
 
Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £75,000 per person per institution.


 
Free Brochures and Guides

2 year fixed rate ISAs explained

  • A solid medium term option for ISA cash you don’t need to access
  • Make sure you can commit your money for the full 2 year term
  • Not usually allowed to make further deposits after account opening

If you don’t want to commit your money for too long, but are looking to earn a better rate of interest than is available on short term ISAs, a 2 year fixed rate ISA could be for you.

All cash ISAs have to allow you to transfer your money to another provider, at any point during the term. However, a sizeable interest penalty will be charged if you do – typically anything up to 180 days’ loss of interest.

Warning As with all fixed rate ISAs, it’s important that you’re certain you can commit your money for the full term.

In the 2016-17 tax year (6 April 2016 – 5 April 2017), you can deposit up to £15,240 into a cash ISA. You are only allowed to open one new cash ISA per tax year so if you opt for a 2 year fixed rate ISA, you would not be able to open another cash ISA until April 2017.

When opening a fixed rate ISA, you’ll normally only be allowed to make a single deposit. So if you don’t deposit your full cash ISA allowance, and wished to make a further deposit later, you may only be able to contribute to a pre-existing easy access cash ISA as you’ll likely be unable to make further contributions to your fixed rate ISA pot.

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

 
Top 6 long-term cash ISAs
Top 6 long-term cash ISAs

Inflation saw another large jump in December, official figures have revealed, with the measure of CP... More

Glimmer of hope in the ISA market
Glimmer of hope in the ISA market

It can’t be denied that 2016 was a pretty shocking year for cash ISAs, but happily, the start of the... More

All ISA rates fall below 1.00%
All ISA rates fall below 1.00%

It can’t be denied that the ISA sector has had a tough time of late, and it's taken a significant to... More

6 of the best variable cash ISAs
6 of the best variable cash ISAs

The announcement of a flexible ISA came as welcome news this week: soon, savers will be able to with... More

A third saving for retirement with ISAs
A third saving for retirement with ISAs

The popularity of ISAs is showing no signs of waning, with new research showing that more than a thi... 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

2016-17 ISA Allowance Guide
2016-17 ISA Allowance Guide

Download your FREE Guide to ISA allowances for the 2015-16 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

New 2-year ISA takes 2nd place
New 2-year ISA takes 2nd place

Virgin Money has launched new two-year fixed bonds and ISAs, which sees its online-only ISA take ove... More

Easy access ISA keeps chart place
Easy access ISA keeps chart place

Coventry BS has reduced the rate paid on its easy access ISA, but despite this, it’s managed to main... More

New 5-year ISA soars to the top
New 5-year ISA soars to the top

Virgin Money has launched new five-year fixed bonds and ISAs to complement its existing range, which... More

Fixed ISAs retain top-10 spots
Fixed ISAs retain top-10 spots

Kent Reliance has reduced rates on a number of its ISAs. Nonetheless, its one and two-year deals rem... More

Nottingham extends 2-year ISA
Nottingham extends 2-year ISA

Nottingham BS has launched a new issue of its two-year cash ISA, enabling it to keeps its place in t... More

Close