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Why should I choose a 4 year fixed rate bond? 

Prepared to tie-up your money over a four year term? A 4 year fixed rate bond might be for you if you want to enjoy a top savings rate. The best rates are usually offered by challenger banks.

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Best 4 Year Fixed Rate Bond Rates

  • Bank of London and The Middle East Logo
    Bank of London and The Middle East Premier Deposit Account (Anticipated Profit Rate) FSCS logo
    FSCS logo
    AER
    2.65%
    Expected Rate
    Account Type
    Fixed
    Notice / Term
    4 Year Bond
    Interest Paid
    Anniversary
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Not Available Online Not Available At Branch Available By Mail Not Available By Telephone Not Available By Mobile
    Go To Provider's Site
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.65% paid at £1K
    AER 2.65% paid at £1K
    Expected Profit Paid Anniversary
    Interest payment Interest must be paid away
    Min Opening Amount £1,000
    Max Investment £1,000,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a linked or nominated account

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    Linked Product (Non-Funded): Must have or open a BLME transfer account to hold funds pending investment

    Additional Information

    This bank operates under Islamic finance principles, the rates displayed represent the expected profit rate.
  • RCI Bank UK Logo
    RCI Bank UK Fixed Term Savings Account FSCS logo
    FSCS logo
    AER
    2.40%
    Account Type
    Fixed
    Notice / Term
    4 Year Bond
    Interest Paid
    Anniversary
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Go To Provider's Site
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.40% paid at £1K
    AER 2.40% paid at £1K
    Interest Paid Anniversary
    Interest payment Interest must be compounded
    Min Opening Amount £1,000
    Max Investment £1,000,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a variable rate account pending instructions/withdrawal

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A
  • Aldermore Logo
    Aldermore 4 Year Fixed Rate Account FSCS logo
    FSCS logo
    AER
    2.15%
    Account Type
    Fixed
    Notice / Term
    4 Year Bond
    Interest Paid
    Anniversary
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Go To Provider's Site
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.15% paid at £1K
    AER 2.15% paid at £1K
    Interest Paid Anniversary
    Interest payment Interest can be paid away or compounded
    Min Opening Amount £1,000
    Max Investment £1,000,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be reinvested in a further Fixed Rate/Fixed Term account on equivalent/similar terms

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A
  • Aldermore Logo
    Aldermore 4 Year Fixed Rate Account FSCS logo
    FSCS logo
    AER
    2.15%
    Account Type
    Fixed
    Notice / Term
    4 Year Bond
    Interest Paid
    Monthly
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Go To Provider's Site
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.13% paid at £1K
    AER 2.15% paid at £1K
    Interest Paid Monthly
    Interest payment Interest can be paid away or compounded
    Min Opening Amount £1,000
    Max Investment £1,000,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be reinvested in a further Fixed Rate/Fixed Term account on equivalent/similar terms

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A
  • Masthaven Bank Logo
    Masthaven Bank 48 Month Flexible Term Saver FSCS logo
    FSCS logo
    AER
    2.40%
    Account Type
    Fixed
    Notice / Term
    48 Month Bond
    Interest Paid
    Anniversary
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.40% paid at £500
    AER 2.40% paid at £500
    Interest Paid Anniversary
    Interest payment Interest can be paid away or compounded
    Min Opening Amount £500
    Max Investment £250,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a linked or nominated account or paid into a variable rate account pending instructions/withdrawal or reinvested in a further Fixed Rate/Fixed Term account on equivalent/similar terms

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A
  • Masthaven Bank Logo
    Masthaven Bank 48 Month Flexible Term Saver FSCS logo
    FSCS logo
    AER
    2.40%
    Account Type
    Fixed
    Notice / Term
    48 Month Bond
    Interest Paid
    Monthly
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.37% paid at £500
    AER 2.40% paid at £500
    Interest Paid Monthly
    Interest payment Interest can be paid away or compounded
    Min Opening Amount £500
    Max Investment £250,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a linked or nominated account or paid into a variable rate account pending instructions/withdrawal or reinvested in a further Fixed Rate/Fixed Term account on equivalent/similar terms

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A
  • PCF Bank Logo
    PCF Bank 4 Year Term Deposit Issue 7 FSCS logo
    FSCS logo
    AER
    2.40%
    Account Type
    Fixed
    Notice / Term
    4 Year Bond
    Interest Paid
    Anniversary
    Opening Account
    Available Online Not Available At Branch Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Available By Mail Available By Telephone Not Available By Mobile
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.40% paid at £1K
    AER 2.40% paid at £1K
    Interest Paid Anniversary
    Interest payment Interest must be paid away
    Min Opening Amount £1,000
    Max Investment £250,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a linked or nominated account or paid into a variable rate account pending instructions/withdrawal

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A
  • RCI Bank UK Logo
    RCI Bank UK Fixed Term Savings Account FSCS logo
    FSCS logo
    AER
    2.40%
    Account Type
    Fixed
    Notice / Term
    4 Year Bond
    Interest Paid
    Monthly
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.37% paid at £1K
    AER 2.40% paid at £1K
    Interest Paid Monthly
    Interest payment Interest must be compounded
    Min Opening Amount £1,000
    Max Investment £1,000,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a variable rate account pending instructions/withdrawal

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A
  • Ikano Bank Logo
    Ikano Bank Fixed 4 Year Saver Depositor Protection logo
    Depositor Protection logo
    AER
    2.25%
    Account Type
    Fixed
    Notice / Term
    4 Year Bond
    Interest Paid
    Anniversary
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Not Available By Mail Available By Telephone Not Available By Mobile
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.25% paid at £1K
    AER 2.25% paid at £1K
    Interest Paid Anniversary
    Interest payment Interest can be paid away or compounded
    Min Opening Amount £1,000
    Max Investment £1,000,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a variable rate account pending instructions/withdrawal

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A
  • Ikano Bank Logo
    Ikano Bank Fixed 4 Year Saver Depositor Protection logo
    Depositor Protection logo
    AER
    2.25%
    Account Type
    Fixed
    Notice / Term
    4 Year Bond
    Interest Paid
    Monthly
    Opening Account
    Available Online Not Available At Branch Not Available By Mail Not Available By Telephone Not Available By Mobile
    Managing Account
    Available Online Not Available At Branch Not Available By Mail Available By Telephone Not Available By Mobile
    Rates
    Access
    Information
    Opening Restrictions
    Additional Information

    Rates

    Rate 2.23% paid at £1K
    AER 2.25% paid at £1K
    Interest Paid Monthly
    Interest payment Interest can be paid away or compounded
    Min Opening Amount £1,000
    Max Investment £1,000,000
    Introductory bonus N/A

    Access

    Withdrawals Allowed
    Early Access Allowed
    Access Note
    N/A
    Further Additions Allowed
    At the end of the fixed term
    Your provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a variable rate account pending instructions/withdrawal

    Information

    Min Age 18
    Max Age 0
    Taxation
    Interest is paid without tax being deducted, but may be taxable depending on your personal circumstances

    Opening Restrictions

    N/A

    Additional Information

    N/A

Select a Savings Category

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 fixed rate bonds

Leanne Macardle

Leanne Macardle

Editor

At a glance

  • Fixed rate bonds can pay higher interest rates than easy access or notice accounts, on the provision that you lock away your money.
  • Be sure you can commit your funds for the full term.
  • You may only be able to make a single deposit into your bond, and probably won’t be able to make withdrawals (even if your provider allows it, they may require you to pay an interest penalty).

What else do I need to know?

When taking out a fixed rate bond, you are making an agreement with the bank or building society that you won't withdraw your cash for a specified period of time – in this instance, it will be for one-year. Most one-year fixed rate bonds will not let you have access to your money once it’s been deposited until the bond matures.

Don’t recognise a fixed rate bond provider?

The recent trend in the one-year fixed rate bond market is for the best rates to be offered by smaller, relatively unknown banks. These are often referred to as challenger banks.

Don’t recognise a fixed rate bond provider?

Learn more about challenger banks

At a glance

  • Fixed rate bonds can pay higher interest rates than easy access or notice accounts, on the provision that you lock away your money.
  • Be sure you can commit your funds for the full term.
  • You may only be able to make a single deposit into your bond, and probably won’t be able to make withdrawals (even if your provider allows it, they may require you to pay an interest penalty).

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