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Best Fixed Rate Bonds Up to 1 Year

The comparison chart below shows the best interest rates available for Savings Bond Products in the UK, with a fixed rate of up to 12 months. Using the filters at the top of the chart, you can personalise the table by specifying the size of your investment amount.

Discover the best Fixed Rate Bond rates for up to 1 year, in the comparison chart below.

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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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We found 65 products in total, of which 29 have links to providers.

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Selecting ‘Provider Links First’ brings all products that you can apply for directly via Moneyfacts to the top of the chart in rate order. Products that do not have an ‘Go To Provider's Site’ button will appear below, again in rate order. Selecting ‘Rate’ will change the chart to list all products in rate order. Products that have ‘Go To Provider's Site’ links will still be in the list but in rate position.

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  • SmartSave Saga Savings - 6 Month Fixed Term Deposit
    AER
    5.19%
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Hampshire Trust Bank 6 Month Bond (Issue 10)
    AER
    5.18%
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Emirates NBD HL Active Savings - 9 Month Fixed Term Deposit
    AER
    5.12%
    Account Type
    Fixed
    Term
    9 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Emirates NBD HL Active Savings - 6 Month Fixed Term Deposit
    AER
    5.11%
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Zenith Bank (UK) Ltd 6 Month Fixed Term Deposit
    AER
    5.10%
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Monument Bank 6 Month Fixed Term Deposit
    AER
    5.07%
    Account Type
    Fixed
    Term
    6 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Hampshire Trust Bank 9 Month Bond (Issue 13)
    AER
    5.06%
    Account Type
    Fixed
    Term
    9 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Emirates NBD HL Active Savings - 3 Month Fixed Term Deposit
    AER
    5.04%
    Account Type
    Fixed
    Term
    3 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Kent Reliance HL Active Savings - 9 Month Fixed Term Deposit
    AER
    5.03%
    Account Type
    Fixed
    Term
    9 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
  • Charter Savings Bank HL Active Savings - 9 Month Fixed Term Deposit
    AER
    5.02%
    Account Type
    Fixed
    Term
    9 Month Bond
    Interest Paid
    On Maturity
    Go To Provider's Site
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.

Provider Links

‘Go To Provider's Site’ links are where we have an arrangement with a provider so you can move directly from our site to theirs to view more information and apply for a product. We also use ‘Speak to A Broker’ links where we have an arrangement with a preferred broker to move you directly to their site. Depending on the arrangement we may receive a modest commission either when you press a 'Go To Provider's Site' or 'Speak To A Broker' button, when you call an advertised number or when you complete an application following a link from our website.

Up to 1 year fixed rate bonds explained

At a glance

  • This type of 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 fixed rate bond up to one year?

If you’ve got a lump sum of money you don’t mind losing access to for a short period, a fixed rate bond with a term up to one year 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 during the term, 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 term.

Who are fixed rate bonds up to one year most suitable for?

Fixed rate bonds with a term of up to one year 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 fixed term 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 fixed rate bonds up to one year

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. 

Compare all fixed rate bond terms
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Ashley Seager

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Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.

Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.