Best Fixed Rate Bonds with Monthly Interest

Monthly interest fixed rate bonds pay interest monthly on a lump sum deposited for a fixed term. These bonds can be one of the best options if you are looking for an account which will provide you with a source of regular monthly extra income. Make sure the account you choose has the option of interest being 'paid away', i.e. paid to your bank account. If an account only compounds the interest, or pays it only when the bond matures, you won't be able to take an income from it.

Finding the best monthly interest fixed rate bonds with our handy comparison table couldn’t be simpler: Just enter a few details and you’ll be presented with a tailored table of results based on your choices. First will be all the ‘direct’ deals where you can apply in an easy, hassle-free way by just clicking on the ‘Go To Provider’s Site button. Under these are the deals from the rest of the marketplace. To reorder the whole table into rate order, just untick the box at the top of the search table.

Largely what you consider the ‘best’ monthly interest fixed rate bonds will be as individual as your requirements. However, it goes without saying that you are best advised to look at and compare deals prior to deciding. The number of monthly interest fixed rate bonds deals on offer will depend on both the term and minimum deposit you are prepared to make.