Best 3 Year Fixed Rate Bonds Up to 0.9% Fixed | moneyfacts.co.uk

Moneyfacts.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfacts.co.uk will always be from news@moneyfacts-news.co.uk. Be Scamsmart.

cash stack icon

Best 3 Year Fixed Rate Bonds

Compare three year fixed rate bonds

The comparison chart below shows the best interest rates available for three year fixed rate bonds. You can personalise the table below by specifying the size of your investment amount and whether you have a lump sum or want to make a monthly investment. If you're not looking for a fixed rate bond, you can also search for ISAs, easy access accounts or notice accounts.

Advertisement
Browse Fixed Rate Bond Terms

Best 3 Year Fixed Rate Bonds

Best 3 Year Fixed Rate Bonds

We are searching our databases for your products...

  • FCMB Bank (UK) Raisin UK - 3 Year Fixed Term Deposit
    AER
    1.00%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    On Maturity (Compounded Annually)
    Go To Provider's Site
  • Bank of London and The Middle East Premier Deposit Account (Anticipated Profit Rate)
    AER
    0.90%
    Expected Rate
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Go To Provider's Site
  • Zenith Bank (UK) Ltd Raisin UK - 3 Year Fixed Term Deposit
    AER
    0.88%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Go To Provider's Site
  • Paragon Bank 3 Year Fixed Rate Savings Account
    AER
    0.85%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Further Options ˅
    Go To Provider's Site
    AER
    0.85%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Monthly
    Go To Provider's Site
  • Aldermore 3 Year Fixed Rate Account
    AER
    0.80%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Further Options ˅
    Go To Provider's Site
    AER
    0.80%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Monthly
    Go To Provider's Site
  • Isbank Raisin UK - 3 Year Fixed Term Deposit
    AER
    0.75%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • RCI Bank UK Fixed Term Savings Account
    AER
    0.75%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Further Options ˅
    Go To Provider's Site
    AER
    0.75%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Monthly
    Go To Provider's Site
  • ICICI Bank UK Raisin UK - 3 Year Fixed Term Deposit
    AER
    0.50%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • State Bank of India Centenary Fixed Deposit
    AER
    1.00%
    Account Type
    Fixed
    Term
    1000 Day Bond
    Interest Paid
    On Maturity (Compounded Annually)
  • Zopa 3 Year Fixed Term Savings
    AER
    1.00%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Monthly
Note

Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme (FSCS) up to a maximum level of protection of £85,000 per person per institution. All new savings or bank accounts provided to UK customers are now covered by the FSCS.

Disclaimer

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

Quick Links

Quick links are where we have an arrangement with a provider so you can move directly from our site to theirs to view more information and apply for a product. We also use quick links where we have an arrangement with a preferred broker to move you directly to their site. Depending on the arrangement we may receive a modest commission either when you press a 'Go to Provider' or 'Speak to a Broker' button, when you call an advertised number or when you complete an application.

A guide to 3 year fixed rate bonds

At a glance

  • Three year fixed rate bonds are a good compromise between short and long-term fixed rate bonds.
  • As most bonds don’t allow early access to funds, make sure you won’t need your money for the next three years.
  • If early access is allowed, a considerable interest penalty is likely.

Why choose a three year fixed rate bond?

A three year fixed rate bond might be for you if you want to earn a top savings rate and are prepared to forego access to your money for the three year term. The best rates are usually offered by challenger banks.

Fixed rate bond considerations

The two most important things to consider when taking out a three year fixed rate bond are interest rates and how likely it is that you’ll need access to those funds invested within the three-year period.

Firstly, the interest rate you sign up to will be fixed for the duration of the bond. Therefore, if rates skyrocket during those three years, you might find yourself earning an interest rate that suddenly seems quite poor. On the other hand, if interest rates fall, you’ll have made a great investment earning a return that is much better than the majority of easy access accounts. Three year fixed rate bonds are considered a good trade-off between the security of a fixed rate product without locking your money away for the long-term.

Access to your cash

When taking out a fixed rate bond, you are usually not supposed to withdraw your cash for a specified period of time – in this instance, it will be for three years. Most three-year fixed rate bonds do not allow you access to your money once it’s been deposited until the bond matures. Where early withdrawals are allowed, a considerable interest penalty will almost certainly have to be paid.

If not being able to access your money over a three year period could be a challenge, you may want to consider a two year fixed rate bond or a one year fixed rate bond as an alternative.

Who offers the best three-year fixed rate bonds?

Many of the best rates available on three-year fixed rate bonds are offered by what is often referred to as ‘challenger banks’. These are normally, smaller, relatively unknown banks who are new to the market. However, they are just as safe as any of the high street, big-name banks and building societies. All the providers appearing on Moneyfacts.co.uk are part of the Financial Services Compensation Scheme. Therefore, you can be safe in the knowledge that the first £85,000 you have saved is protected if the bank or building society were to go bust.

Best 3 Year Fixed Rate Bonds

Get our weekly newsletter

Weekend Moneyfacts is available free by email to all Moneyfacts.co.uk users.

Send me Weekend Moneyfacts, Savers Friend, The Business Friend and selected third-party offers.

How Moneyfacts works

  • drawing of money scales

    BALANCED. Moneyfacts.co.uk is entirely independent and authorised by the Financial Conduct Authority for mortgage, credit and insurance products.

  • blue outline of free tag

    FREE. There is no cost to you. Our service is entirely free and you don't need to share any personal data to access our comparison tables.

  • drawing of pound sign and arrow

    TRANSPARENT. We only receive payment from product providers and intermediaries for quick/direct links and adverts through to their websites.

  • blue outline of binoculars

    COMPREHENSIVE. We research the whole market and scour the small print so you can find the best products for your needs.

Fixed rate bond guides

guides icon
How are my savings taxed?

Every basic rate taxpayer in the UK currently has a Personal Savings Allowance (PSA) of £1,000.

How are my savings taxed?

Read More
guides icon
What are challenger banks?

A guide to what challenger banks are and their rise in popularity.

A guide to what challenger banks are and their rise in popularity.

Read More
guides icon
How to start saving an emergency fund

This guide has a range of tips to help you get started and maintain your emergency savings fund.

Read More
guides icon
7 tips for saving for your first home

Our top tips to help you save for your first home.

Read More

Cookies

Moneyfacts.co.uk will, like most other websites, place cookies onto your device. This includes tracking cookies.

I accept. Read our Cookie Policy