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Product focus: Four year fixed rate bonds

Product focus: Four year fixed rate bonds

Category: Savings

Updated: 10/12/2010
First Published: 10/12/2010

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 It is now over 6 months old so the content may be out of date.

Many savers prefer to invest their money in a fixed rate account as these offer a guaranteed return.Savers looking for a fixed rate product may have found themselves in a dilemma recently.

Long term fixed rate bonds pay higher savings rates than short term deals, but carry the risk of leaving savers on an uncompetitive rate once base rate increases.

Here is a selection of the current best four year fixed rate bonds, for savers who wish to make a minimum investment of £500 or more.

Aldermore – 4 Year Fixed Rate Account

  • This 4 year fixed rate account pays 3.90% on its anniversary. A monthly option is also available at 3.83%.
  • Savers can invest between £1,000 and £1m.
  • Early access and further additions are not permitted.
  • It's available to savers aged 18 years and over and can be operated online, by post or by telephone.

Buckinghamshire BS – 30th Issue 4 Year Fixed Rate Bond

  • A rate of 3.76% is paid yearly on this account. A monthly option is also available at 3.70%.
  • Savers can invest between £1,000 and £250,000.
  • No early access is allowed although further additions are allowed whilst the issue remains open.
  • The account is available to all ages and can be operated in branch or by post.

Skipton BS – Fixed Rate E-Bond

  • This fixed rate e-bond from Skipton BS pays 3.75% on its anniversary. A monthly option is also available at 3.69%.
  • Investments range between £500 and £1m.
  • No early access is allowed.
  • Further additions are allowed but only while the issue remains open.
  • This account can only be operated online and it's available to savers aged 16 years and over.

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 Any products featured may be withdrawn by their provider or changed at any time.

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