Best 2 Year Fixed Rate ISAs | Rates Up To 4.71%

Home ISA 2 Year Fixed Rate ISAs

If you don’t want to commit your money into a long-term fixed rate ISA, but are interested in options longer than a 1 year or easy access ISA, then a 2 year fixed rate ISA could be your best option.

Using the chart below, view today's best ISA rates and begin your comparison.

Amount

Child Age

Investment Type

Lump Sum

Regular

ISA Transfer

Interest Paid

Annually

Monthly

On Maturity

Quarterly

Account Opening

Online

Branch

Post

Telephone

Mobile App

Account Management

Online

Branch

Post

Telephone

Mobile App

Further Options

Exclude platform accounts

Yes

Show existing customer accounts

Yes

On Maturity

Further Options ˅

Anniversary

Further Options ˅

Anniversary

Further Options ˅

Anniversary

Further Options ˅

Anniversary

Further Options ˅

Depositor Protection

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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In the current tax year (a tax year runs from 6 April to the following 5 April), you can deposit up to £20,000 into a cash ISA. Learn more about the yearly ISA allowance and how it works.

Cash ISAs are available in fixed rate, notice or easy access formats. Unlike variable rate easy access accounts, fixed rate cash ISAs guarantee you a certain rate across a certain amount of time. For example, a two year fixed rate ISA will give you a fixed rate of interest across two years. This can be useful when it comes to reaching your savings goals, in the context of being able to plan ahead.

Different yearly terms are available and with different rates on offer, its a good idea to compare ISA rates before opening an account. You may also be interested in:

1 year fixed rate cash ISAs

3 year fixed rate cash ISAs

4 year fixed rate cash ISAs

5 year fixed rate cash ISAs

Stocks and shares ISAs

In the current tax year (a tax year runs from 6 April to the following 5 April), you can deposit up to £20,000 into a cash ISA.
You may only be able to make a single deposit and/or transfer in to your two year ISA when you open the account. Some providers may allow you to add to the account after opening, but some will not.
If the provider allows you to withdraw money from your ISA before the end of the term, there will usually be a hefty interest penalty to pay. If you think you’ll need access to your money within the two-year term, look instead at an ISA that will allow easy access, or penalty-free access after a notice period has been served.