Best 3 Year Fixed Rate Bonds Up to 1.45% Fixed | moneyfacts.co.uk
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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.

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Browse Fixed Rate Bond Terms

Best 3 Year Fixed Rate Bonds

Best 3 Year Fixed Rate Bonds

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  • Bank of London and The Middle East Premier Deposit Account (Anticipated Profit Rate)
    AER
    1.45%
    Expected Rate
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Go To Provider's Site
  • Gatehouse Bank Raisin UK - 3 Year Fixed Term Deposit
    AER
    1.35%
    Expected Rate
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • United Trust Bank UTB 3 Year Bond
    AER
    1.35%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Go To Provider's Site
  • My Community Bank 36 Month Fixed Term Savings Account
    AER
    1.30%
    Account Type
    Fixed
    Term
    36 Month Bond
    Interest Paid
    On Maturity (Compounded Annually)
    Go To Provider's Site
  • Close Brothers Savings Fixed Rate Bond
    AER
    1.25%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Yearly
    Go To Provider's Site
  • Zenith Bank (UK) Ltd Raisin UK - 3 Year Fixed Term Deposit
    AER
    1.10%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • RCI Bank UK Fixed Term Savings Account
    AER
    0.95%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Further Options ˅
    Go To Provider's Site
    AER
    0.95%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Monthly
    Go To Provider's Site
  • Tandem Bank Tandem 3 Year Fixed Saver
    AER
    1.45%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
  • UBL UK 3 Year Fixed Term Deposit
    AER
    1.40%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    On Maturity
    Further Options ˅
    AER
    1.40%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    AER
    1.40%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Monthly
  • Paragon Bank 3 Year Fixed Rate Savings Account
    AER
    1.37%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Anniversary
    Further Options ˅
    AER
    1.37%
    Account Type
    Fixed
    Term
    3 Year Bond
    Interest Paid
    Monthly
Note

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.

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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 (or an EU equivalent). 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

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