Best 1 Year Fixed Rate ISAs 2018 | moneyfacts.co.uk

Compare 1 Year Fixed Rate ISA Best Buys

  - Find the best 1 year fixed rate ISA with our independent Best Buys.
Also look at:

Compare the Best 1 Year Fixed Rate Cash ISAs

Compare
Up to 3 products
side by side
AER Notice / Term Min Invest Transfer In Account Opening Search all
1863 Accounts
 

1.71%
1 Year Bond £100 Yes
  1. No
  2. Yes
  3. Yes
  4. No
Details...
Go to Site
 

1.67%
18 Month Bond £500 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...
Go to Site
 

1.62%
1 Year Bond £5000 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  

1.61%
expected rate
12 Month Bond £1000 Yes
  1. Yes
  2. Yes
  3. Yes
  4. Yes
Details...  

1.60%
1 Year Bond £1000 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

1.60%
18 Month Bond £3000 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...  

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

1.55%
30.04.20 £100 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  

1.55%
30.04.20 £100 Yes
  1. Yes
  2. No
  3. No
  4. No
Details...  

1.55%
1 Year Bond £500 Yes
  1. Yes
  2. No
  3. No
  4. Yes
Details...  
  Sponsored Products  

1.30%
30.04.20 £10 Yes
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...
Go to Site
 

1.30%
1 Year Bond £500 Yes
  1. No
  2. Yes
  3. Yes
  4. No
Details...
Go to Site
 

1.30%
30.04.20 £10 Yes
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...
Go to Site
 

1.85%
05.04.20 £20 No
  1. Yes
  2. Yes
  3. No
  4. No
Details...
Go to Site
 

1.60%
30.04.20 £10 Yes
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...
Go to Site
 

1.60%
30.04.20 £10 Yes
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...
Go to Site
 

1.51%
31.05.20 £100 Yes
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...
Go to Site
 

1.40%
Instant £1 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...
Go to Site
 

1.30%
Instant £1 Yes
  1. Yes
  2. Yes
  3. No
  4. No
Details...
Go to Site
 

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

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.

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

1 year fixed rate ISAs explained

  • Earn a higher rate of interest than on a notice or easy access cash ISA
  • Make sure you can commit your money for a year
  • You can only usually make one deposit and/or transfer to the fixed rate ISA

If you normally deposit your whole cash ISA allowance in one go, and don’t make any withdrawals during the tax year, a 1 year fixed rate ISA could be for you.

Paying a guaranteed rate of interest, a fixed ISA can help you maximise your returns as it can pay more than a variable rate notice or easy access cash ISA, as well as more than an equivalent fixed rate bond after tax has been taken into consideration.

For example, a 2.00% 1 year fixed rate ISA is equivalent to a 2.50% 1 year fixed rate bond if you are a basic rate taxpayer and you earn savings interest above your Personal Savings Allowance (3.33% if you pay higher rate tax).

You may only be able to make a single deposit and/or transfer in to your 1 year ISA when you open the account. You might be permitted to make further deposits into the ISA, but this is only while the product remains on general sale. However, as soon as the fixed rate ISA is withdrawn from sale to new customers, you won’t be able to put any further money into it.

Although you will be able to transfer money out of your ISA, there will usually be a hefty interest penalty to pay. If you think you’ll need access to your money within the 1 year term, look instead at an ISA that will allow easy access, or penalty-free access after a notice period has been served.

Warning Don’t open a 1 year fixed rate ISA if you think you’ll need access to your money during the term. If you make a withdrawal the interest penalty charged could mean that you’ll earn less interest on your ISA savings than if you had opted for the top paying easy access cash ISA instead.

What Next?

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

Compare:

Find out more about your ISA allowance.



AER:
DETAILS:

Dudley Building Society

1 year fixed rate ISA Issue 3

1.71%
  • 1.71% paid at £100
  • Interest paid: On anniversary
  • Min opening sum: £100
  • No Max investment
  • Earlier access for transfers out only subject to 60 day loss of interest.
  • Min age: 16
  • Transfers in accepted from Cash ISAs, Stocks & shares ISAs & Help to buy ISAs
  • Account opening by post or in branch, management by the same methods after
  • Further additions allowed


AER: 
DETAILS: 

Principality

1 yr Bond


1.67%
  • 1.67% paid at £500
  • Interest paid: On maturity
  • Min opening sum: £500
  • Early access on 150 day loss of interest. Withdrawals method dependent on how a/c is opened.
  • Min age: 16
  • Transfers from Cash ISAs and Stocks & shares ISAs allowed
  • Open online or in branch
  • Manage account online, by post or in branch.



AER:
DETAILS:

Charter Savings Bank

1 year fixed rate cash ISA

1.62%
  • 1.62% paid at £5,000
  • Interest paid: Anniversary
  • Min opening amount: £5,000
  • Early access subject to 150 days loss of interest
  • Min age: 18
  • Transfers from: Cash ISAs and Stocks & Shares ISAs allowed
  • Online opening and management of account only



AER:
DETAILS:

Al Rayan Bank

Fixed Term Deposit Cash ISA

1.61%
(Expected rate)
  • 1.61% expected rate paid at £1,000
  • Interest paid: Quarterly
  • Min opening sum: £1,000
  • No Early withdrawals allowed
  • Further additions permitted 
  • Min age: 16
  • Transfers from Cash ISAs and Stocks & shares ISAs 
  • Open and manage account account by all channels 


AER:
DETAILS:

Aldermore

1 Year Bond


1.60%
  • 1.60% paid at £1000
  • Interest paid : On maturity
  • Min investment sum: £1,000
  • Open & account management online only 
  • Transfers from Cash ISAs, Stocks & shares ISAs as well as Help to buy ISAs allowed
  • Earlier access on 90 day loss of interest.
  • Min age: 18
  • Further additions allowed

AER:
DETAILS:

TSB

18 month bond

1.60%
  • 1.60% paid at £3000 
  • Interest paid: Monthly
  • Min age: 16
  • Min investment £3000
  • Earlier access on 135 day loss of interest.
  • Transfers from cash ISAs and Stocks & shares ISAs allowed
  • Account opening online or in branch
  • Account management after opening by telephone, in branch, online and by app. 

Rates and information correct as of 25/04/2019

 

Top rate is . Second highest rate is . Third highest is and so on...

Six things you need to know about ISA transfers
Six things you need to know about ISA transfers

ISA rates may have suffered in recent years, but that doesn't mean you should turn your back on thes... More

ISAs 20 years on – are they too complex?
ISAs 20 years on – are they too complex?

ISAs turn 20 later this week, but the product that was once designed to simplify saving has morphed ... More

ISA season in full swing as rates and choice rise
ISA season in full swing as rates and choice rise

This year’s ISA season is in full swing, and those yet to use their ISA allowance will be pleased to... More

Make the most of your ISA allowance while you can!
Make the most of your ISA allowance while you can!

The current tax year is rapidly drawing to a close, which means if you haven’t yet utilised your ISA... More

ISA competition increases with rate rises
ISA competition increases with rate rises

ISA providers have intensified competition by raising rates and launching new deals since the start ... 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

2019-20 ISA Allowance Guide
2019-20 ISA Allowance Guide

Download your FREE Guide to ISA allowances for the 2019-20 tax year. Find out everything you need to... 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

Leeds BS reviews ISAs
Leeds BS reviews ISAs

Leeds BS has reviewed some of its ISA deals. The stand-out performer is its five-year fixed rate ISA... More

Aldermore’s fixed rate cash ISAs near top
Aldermore’s fixed rate cash ISAs near top

Aldermore has increased selected cash ISA rates, which sees its one- and two-year deals sit just beh... More

Furness’ long-term ISA climbs into top 3
Furness’ long-term ISA climbs into top 3

Furness BS has increased some of its long-term savings rates by 0.40%, which sees its five-year fixe... More

United Trust’s new one-year ISA enters top-3
United Trust’s new one-year ISA enters top-3

United Trust Bank has launched a brand-new one-year fixed rate ISA, which has jumped into third plac... More

Skipton’s 5yr ISA improved
Skipton’s 5yr ISA improved

Skipton BS has increased selected savings rates, with its five-year fixed rate ISA the most competit... More

Close