Open in single or joint name (online only). FSCS Protected. £500,000 maximum deposit across all OakNorth accounts (£1,000,000 for joint accounts). No withdrawals permitted
Terms and Conditions: Earn 4.75% AER (4.65% Gross p.a.). NatWest’s Fixed Term Savings Rates are 4.15% AER/4.07% Gross p.a.) fixed for 1 year and 4.75% AER/4.65% Gross p.a.) fixed for 2 years. Offer available until 5pm on 2nd September 2026 for new customers and 7th September 2026 for existing customers. Please be aware that this offer can be withdrawn at any time due to limited availability. Interest is paid monthly and on maturity. This account is for sole applicants only and cannot be opened in joint names. Minimum deposit £1. Maximum deposit £99,999. You can make additional payments or withdrawals from your account until 3:30pm on 21st September 2026. After this date partial withdrawals are not allowed. If you want to make a withdrawal after this time and before the Maturity Date, you must close your account by giving 35 days’ written notice to your branch. Early Closure Charge may apply. The Early Closure Charge will be the lower of the amount of interest earned on your account or 90 days’ interest. Interest will automatically be paid into your Fixed Term Savings Account. You can choose to have interest paid into another Nominated Account. This must be a NatWest personal current or savings account with instant access (other than a cash ISA) held in your name at the same branch as your Fixed Term Savings Account. If interest is paid into your Nominated Account, you can access it the following day. You must be 16 or over and a UK resident. FSCS protected.
Details
Interest Paid
Monthly
Maximum Balance
£99,000
Minimum Age
16
UK Resident
Yes
2 Year Fixed Rate Bond - Tier 1
Interest AER4.75%
Min deposit£1
Term2 Years
2 Year Fixed Rate Bond - Tier 1Royal Bank of Scotland
Terms and Conditions: Earn 4.75% AER (4.65% Gross p.a.). Royal Bank of Scotland's Fixed Term Savings Rates are 4.15% AER/4.07% Gross p.a.) fixed for 1 year and 4.75% AER/4.65% Gross p.a.) fixed for 2 years. Offer available until 5pm on 2nd September 2026 for new customers and 7th September 2026 for existing customers. Please be aware that this offer can be withdrawn at any time due to limited availability. Interest is paid monthly and on maturity. This account is for sole applicants only and cannot be opened in joint names. Minimum deposit £1. Maximum deposit £99,999. You can make additional payments or withdrawals from your account until 3:30pm on 21st September 2026. After this date partial withdrawals are not allowed. If you want to make a withdrawal after this time and before the Maturity Date, you must close your account by giving 35 days’ written notice to your branch. Early Closure Charge may apply. The Early Closure Charge will be the lower of the amount of interest earned on your account or 90 days’ interest. Interest will automatically be paid into your Fixed Term Savings Account. You can choose to have interest paid into another Nominated Account. This must be a Royal Bank of Scotland personal current or savings account with instant access (other than a cash ISA) held in your name at the same branch as your Fixed Term Savings Account. If interest is paid into your Nominated Account, you can access it the following day. You must be 16 or over and a UK resident. FSCS protected.
Fixed rate bonds, like those offered by Britannia, are ideal for anyone wanting to earn interest on a large sum of money.
You can earn a good amount of interest up to a certain amount through a savings account.
If your savings are greater than the interest ceiling or your maximum permitted balance on your savings account, however, a fixed rate bond can be a great choice. You can simply transfer the portion of your savings account balance not earning interest into one or more fixed rate bonds and start earning interest on all of your savings.
Fixed rates bonds provide a reliable rate of interest for the life of the bond which can help maintain the value of your savings relative to inflation. In most cases, the real world value of your savings will increase once your bond matures.
The most popular fixed rate bonds run for 1 year, 2 years, 3 years or 5 years, while some providers also offer 30 month and 4 year bonds. The longer the term of the bond, the higher the interest rate it will usually provide. While some providers allow you to withdraw money from your bond before it reaches maturity, you will usually be penalised by losing some of your expected interest payments.
Transferring some of your savings into a fixed rate bond is a relatively simple process which allows you to keep your existing current account, thus avoiding any issues with your day-to-day banking.
Why choose a Britannia fixed rate bond?
Formerly a mutual building society, Britannia is now a trading name of the Co-operative Bank in the UK following a merger in 2009.
A Britannia fixed rate bond offers the following to customers:
Minimum deposit of £1,000
Maximum deposit of £1million
Accounts can be accessed at a branch or by post
Interest can be paid monthly, annually or when your bond matures
Restrictions
Britannia fixed rate bonds are subject to the following conditions:
You must be a UK resident
No withdrawals can be made until the bond reaches maturity
Compare Britannia fixed rate bonds
Britannia currently offer 1, 2 or 3 year fixed rate bonds. If you are looking for a bond with a longer term to take advantage of the higher interest rates these usually offer, you may want to take a look at alternative providers such as Aldermore.
Getting the best deal on fixed rate bonds
Interest rates and other features of fixed rate bonds change regularly to reflect shifts in the market and consumer demand. As a result, the providers and products offering the best deals vary over time. This can make it difficult for customers to know which fixed rate bond will offer them the best return while matching their other personal requirements.
We regularly update the comparison table at the top of this page with the current best deals on fixed rate bonds from across the market. This makes it much easier for you to stay on top of all the latest opportunities to get more from your savings.
Before choosing a fixed rate bond, make sure to spend some time carefully considering what you want to get out of your bond as well as your exact circumstances. Doing this should ensure you can find the best deal for you.
