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.
Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £85,000 per person per institution.
A 3 year fixed rate bond might be for you if you want to earn a top savings rate, and are prepared to not have access to your money for the 3 year term.
The majority of 3 year rates won’t allow you to access your money before the end of the bond’s term, so be certain you can commit your cash.
Sometimes a bank or building society will let you get at your cash sooner – at the expense of an interest-based penalty. Typically this can be anything up to 270 days’ interest.
The very best 3 year fixed rate bonds are often offered by smaller banks that may not be familiar to you. However, rest assured that all savings account and bond providers that we list on moneyfacts.co.uk have to be part of the UK Financial Services Compensation Scheme (or European equivalent). This guarantees the first £85,000 of savings that an individual has with a bank, in the event that it goes bust. If you have more than this amount to invest, it’s a good idea to spread money between banks and building societies to ensure it’s fully protected.
You normally can’t add to your initial deposit once you’ve opened a fixed rate bond. Some bonds will allow you to make further additions – but only while the product remains available to new customers.
Savings home Search all savings accounts
Please send me emails with the latest Moneyfacts news, best buy products and specially selected third party offers
Fixed rate bonds offer some of the best interest rates, and it’s generally understood that the longe... More
Following the news that inflation has risen to a 41-month high, it's more important than ever to mak... More
Inflation soared to 2.3% in February, which has had a devastating impact on savings returns - only o... More
It seems that the amount of pocket money children are getting is on the rise, with research showing ... More
Easy-access savings accounts are as simple as they sound – they allow you to access your money whene... More
Islamic savings accounts offer a Sharia’a-compliant way of saving for Muslims living in the UK, as w... More
Find out where your bank or building society is licenced, and what deposit protection guarantees you... More
With some forecasters predicting interest rate cuts by November 2012, we look at the pros and cons o... More
Paragon Bank has entered the Best Buys with improved rates on its 120-day notice account and one-yea... More
OakNorth Bank has amended the rates on selected fixed term deposits by up to 0.20%, which has seen t... More
United Trust Bank may have reduced rates on a selection of fixed bonds by 0.15%, but despite this, b... More
Ikano Bank has increased the rates on selected fixed bonds by up to 0.15%, which has seen its one, t... More
Zenith Bank UK has increased the rates on selected fixed term bonds by up to 0.12%, which sees its t... More
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.