Best Fixed Rate Bonds

Average savings rates rise across various sectors, widening the gap with ISA counterparts.

Average savings rates rise across various sectors, widening the gap with ISA counterparts.

The rate of inflation in the UK dropped to 2% in the year to May, finally meeting the Bank of England’s target of 2%. Find out what this means for you.

The rate of inflation in the UK dropped to 2% in the year to May, meeting the Bank of England’s target of 2%.

The number of 'green' savings accounts has risen by more than 25% in the past 12 months, but the green credentials of these accounts can vary.

The number of 'green' savings accounts has risen by more than 25% in the past 12 months.

Despite the significant drop, figures are higher than economists expected, casting doubt over an imminent cut to interest rates.

Despite the significant drop, figures are higher than economists expected, casting doubt over an imminent cut to interest rates.

Average rates on fixed bonds and ISAs fell in the month to May while easy access and notice rates remained more stable.

Average rates on fixed bonds and ISAs fell in the month to May while easy access and notice rates remained more stable.

Savers seeking tax-free returns on their hard-earned cash are spoiled for choice as the number of ISAs available rises to a near six-month high.

Savers seeking tax-free returns on their hard-earned cash are spoiled for choice as the number of ISAs available rises to a near six-month high.

More than two in five adults said they had stopped or cut back on savings due to the cost of living, according to the FCA’s Financial Lives survey.

More than two in five adults said they had stopped or cut back on savings due to the cost of living.

NS&I has launched its British Savings Bonds, offering a three-year fixed rate of 4.15% AER for savers. See how they compare against other savings accounts.

NS&I has launched its British Savings Bonds at a fixed rate of 4.15% AER.

The rate of inflation slowed to 3.4% in February 2024, the lowest it’s been since September 2021. Find out what this means for your savings.

The rate of inflation slowed to 3.4% in February 2024, the lowest it’s been since September 2021.

The UK’s big high street banks are failing to offer competitive rates on their savings accounts, with other providers offering significantly higher returns.

The UK’s big high street banks are failing to offer competitive rates on their savings accounts.

As average fixed savings rates fall, one-year fixed bonds and ISAs have been outperforming longer-term deals.

As average fixed savings rates fall, one-year fixed bonds and ISAs have been outperforming longer-term deals.

The rate of UK inflation held at 4% in the year to January, revealed today’s release from the Office for National Statistics (ONS), following an unexpected uptick the previous month.

The rate of UK inflation held at 4% in the year to January, revealed today’s release from the Office for National Statistics (ONS).

More than a third (40%) of easy access savings accounts don’t offer branch access, up from 29% a decade ago.

More than a third (40%) of easy access savings accounts don’t offer branch access.

Despite the fall, those now exiting a fixed deal will find average savings rates are higher than at the start of 2023.

Despite the fall, those now exiting a fixed deal will find average savings rates are higher than at the start of 2023.

While it’s no longer possible to find a fixed bond paying 6.00% AER, savers shouldn’t feel disheartened. We provide some alternative options to consider.

This is the first time since June of this year there are no fixed bonds offering a rate of 6.00% AER or more.

The average rate paid by a fixed bond with a term over 550 days dropped to 5.11% at the start of October, according to Moneyfacts’ data. This is the first time this rate has fallen since March 2023.

This is the first time average rates have fallen in this sector since March 2023.

Rising fuel prices largely responsible for sustained, elevated inflation despite food prices falling for the first time since September 2021

Rising fuel prices largely responsible for sustained, elevated inflation despite first monthly fall in cost of food since September 2021.

Food prices are rising at a slower pace, while a fall in energy costs also contributed towards this month’s decline.

Food prices are rising at a slower pace, while a fall in energy costs also contributed towards this month’s decline.

UK inflation, the measure of how prices are increasing, fell to 7.9% in the year to June, according to the latest announcement from the Office for National Statistics (ONS). This is in contrast to last month when inflation rose at a higher rate of 8.7% in the 12 months to May.

The latest drop sees UK inflation fall to the lowest annual rate since March 2022.

The deal is offered by Investec Bank plc but is only accessed via Raisin.

The deal is offered by Investec Bank plc but is only accessed via Raisin.

Four high street providers, Nationwide, Santander, TSB and Virgin Money, all defended their savings rates in letters published last week. This follows correspondence from the Treasury Committee in May which criticised the banks and building societies for seemingly failing to pass increases to the Bank of England base rate on to savers.

Their responses cite current accounts and fixed products as higher-rate alternatives.

Since last Wednesday, there are now 43 more fixed rate deals which offer 5% gross or more.

Since last Wednesday, there are now 43 more fixed rate deals which offer 5% gross or more.

The building society will begin paying eligible members £100 each next month.

The building society will begin paying eligible members £100 each next month.

This is the 12th consecutive rise to the base rate since December 2021.

This is the 12th consecutive rise to the base rate since December 2021.

Fixed rate bonds last offered this rate in November; it’s the highest rate for a one year bond in over 13 years.

Fixed rate bonds last offered this rate in November; it’s the highest rate for a one year bond in over 13 years.

In this article we’ve listed some of the green savings accounts and how they compare to other deals in this sector.

In this article we’ve listed some of the green savings accounts and how they compare to other deals in this sector.

Variable rates have risen for the past 13 consecutive months - the first time on Moneyfacts’ records.

Variable rates have risen for the past 13 consecutive months - the first time on Moneyfacts’ records.

All average variable rates rose for the 12th consecutive month, a first time on Moneyfacts records.

All average variable rates rose for the 12th consecutive month, a first time on Moneyfacts records.

While fuel prices fall further, the cost of food remains stubbornly high.

While fuel prices fall further, the cost of food remains stubbornly high.

The prize fund now includes more prizes from £50 to £100,000.

The prize fund now includes more prizes from £50 to £100,000.

Whilst the news of interest rates rising may excite savers, some will need to consider if this rise will come with a new tax bill from HMRC

Whilst the news of interest rates rising may excite savers, some will need to consider if this rise will come with a new tax bill from HMRC.

The Bank of England’s Monetary Policy Committee (MPC) voted to increase the base rate by 50 basis points today.

The Bank of England’s Monetary Policy Committee (MPC) voted to increase the base rate by 50 basis points today.

The one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds are on offer for the first time since 2019.

The one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds are on offer for the first time since 2019.

Using Moneyfacts data, we've tracked how savings rates have performed since the first of nine consecutive base rate increases.

With the Bank of England set to vote on adjusting the base rate this week, we've tracked how savings rates have performed over the past year.

While clothing and footwear prices fell, rising food and restaurant prices made a partial offsetting upwards contribution.

While clothing and footwear prices fell, rising food and restaurant prices made a partial offsetting upwards contribution.

New Moneyfacts data shows average interest rates failed to rise across both one-year and longer-term fixed bonds, but variable rates rose for another consecutive month.

Average interest rates failed to rise across both one-year and longer-term fixed bonds, but variable rates rose for another consecutive month.