Best Up To 1 Year Fixed Rate Bonds | moneyfacts.co.uk

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Best Fixed Rate Bonds Up to 1 Year

Compare bonds up to 1 year fixed rate 

The comparison chart below shows the best interest rates available for bonds with a fix rate for up to 12 months. 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 Fixed Rate Bonds up to 1 Year

Best Fixed Rate Bonds up to 1 Year

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  • Kent Reliance Flagstone - 9 Month Fixed Term Deposit
    AER
    2.15%
    Account Type
    Fixed
    Term
    9 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • FCMB Bank (UK) Raisin UK - 9 Month Fixed Term Deposit
    AER
    2.05%
    Account Type
    Fixed
    Term
    9 Month Bond
    Interest Paid
    On Maturity (Compounded Annually)
    Go To Provider's Site
  • Shawbrook Bank Flagstone - 6 Month Fixed Term Deposit
    AER
    2.00%
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • FCMB Bank (UK) Raisin UK - 6 Month Fixed Term Deposit
    AER
    1.90%
    Account Type
    Fixed
    Term
    6 Month 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
    1.50%
    Expected Rate
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Charter Savings Bank Raisin UK - 6 Month Fixed Term Deposit
    AER
    1.50%
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity (Compounded Annually)
    Go To Provider's Site
  • Habib Bank Zurich plc HBZ Sirat eDeposit (Fixed Term Account)
    AER
    1.40%
    Expected Rate
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Habib Bank Zurich plc HBZ Fixed Rate eDeposit
    AER
    1.20%
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Bank of London and The Middle East Premier Deposit Account (Anticipated Profit Rate)
    AER
    1.15%
    Expected Rate
    Account Type
    Fixed
    Term
    3 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • United Trust Bank UTB 9 Month Bond
    AER
    1.80%
    Account Type
    Fixed
    Term
    9 Month Bond
    Interest Paid
    On Maturity
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.

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A guide to six-month fixed rate bonds

At a glance

  • Six-month fixed rate bonds let you save a lump sum of money over a short term at a fixed rate of interest.
  • Rates can be higher than with easy access accounts, but you normally won’t be able to withdraw your money for the full term.
  • These bonds are typically offered by challenger banks rather than high street names.

Why should I choose a six-month fixed rate bond?

If you’ve got a lump sum of money you don’t mind losing access to for a short period, a six-month fixed rate bond could be worth considering. These accounts can offer higher rates of interest than easy access accounts without needing to lock your money away for too long, and because the rate is fixed you’ll know exactly what you’ll earn in interest by the end of the term.

There’s the added benefit that the interest rate won’t change for six months, protecting your money from any potential rate fluctuations. And, if rates rise in that time, you won’t have to wait long to take advantage. Just be prepared for the fact that most accounts won’t let you access your money early, so you’ll need to be able to commit to the full six-month term.

Who are six-month fixed rate bonds most suitable for?

Six-month fixed rate bonds can be ideal for those who have short-term savings goals, perhaps if they have a holiday coming up or a big-ticket purchase they want to save for. The bonus of having such a short term is that it requires less of a commitment than some other bond types, so it could be equally suitable for someone who isn’t sure if they’ll need to access their cash, but who still wants to maximise their returns.

Bear in mind that these won’t be suitable for those who want to make regular contributions to the account – most six-month bonds require a lump sum at the outset, after which you won’t normally be able to make any additional deposits. Yet for those comfortable with the restrictions, they could offer the perfect short-term home for your money.

How to find the best six-month fixed rate bonds

These bonds tend to be offered by challenger banks, with few – if any – offered by more well-known high street names. But don’t let that put you off. Provided the bank is covered by the Financial Services Compensation Scheme (FSCS) you’ve got the same protection as with mainstream banks, and often at higher rates, too. Use our comparison chart to get started and uncover the best six-month fixed rate bonds available.

Open to longer terms? Three, four and five year fixed rate bond terms are also available.

Don’t recognise a fixed rate bond provider?

A trend in the one-year fixed rate bond market is for the best rates to be offered by smaller, less mainstream banks. These are referred to as challenger banks, however, you should not any have any concerns that your money is any less safe with one of these institutions than with one of the bigger, high street brands. All banks and building societies listed by Moneyfacts.co.uk are part of the Financial Services Compensation Scheme. As such, the first £85,000 you have saved is fully protected should the bank or building society fail.

Ready to compare today's bond rates? Click below to view the best one year fixed rate bonds at the top of the page.

Best 1 Year Fixed Rate Bonds

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