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Product focus: Fixed rate accounts

Product focus: Fixed rate accounts

Category: Savings

Updated: 10/03/2017
First Published: 15/11/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

In this uncertain climate, many savers prefer to invest their money in a fixed rate account as the products offer a guaranteed return.

Here's a selection of some of the best three year fixed bond saving rates available at present.

Bank of Cyprus UK – Bank of Cyprus UK Bond 121

This three year bond pays a rate of 4.15% on its anniversary. Savers can invest between £1 and £1m. Early access and further additions are not permitted. This account is available to all ages and can be operated in branch, online, by post or telephone.

Lloyds TSB – eBond

The Lloyds TSB three year fixed bond pays 3.75% on its anniversary. A monthly interest option is also available at 3.75%. Savers can invest between £2,000 and £1m. No early access is permitted. This bond is available to anyone 16 years and over and can only be operated by post.

Post Office – Growth Bond Issue 13A

This bond from the Post Office pays a rate of 4.00% maturity.

  • 1 year term = 2.90% gross/AER fixed
  • 2 year term = 3.65% gross/AER fixed
  • 3 year term = 4.00% gross/AER fixed
  • Savers can invest between £500 and £1m. Early access is available on closure but will be subject to a breakage fee. No further additions are permitted. This account is available to all ages and can be operated online, by post or telephone.

    Find the best savings rates for you - Compare savings accounts

    Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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