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This comparison simply includes all savings accounts.

Masthaven Bank
Flexible Term Saver Masthaven Bank
Min deposit £500
Term 6 Months
Interest AER 1.60%

Why we like it: 6 month term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

Ford Money
Fixed Saver Ford Money
Min deposit £500
Term 1 Year
Gross AER 2.00%

Why we like it: Minimum deposit £500. Open an account singly or jointly. Interest can be paid monthly or annually. Eligible deposits covered by UK FSCS.

Axis Bank
Fixed Rate Bond Axis Bank
Min deposit £1000
Term 2 Years
Interest AER 2.24%

Why we like it: Interest can be paid monthly, quarterly or at maturity - Minimum deposit £1,000 - Maximum deposit £200,000 - No withdrawals permitted - FSCS Protected

Masthaven Bank
Fixed Rate Bond Masthaven Bank
Min deposit £500
Term 3 Years
Interest AER 2.36%

Why we like it: 3 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

Masthaven Bank
Flexible Term Saver Masthaven Bank
Min deposit £500
Term 4 Years
Interest AER 2.53%

Why we like it: 4 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

Masthaven Bank
Fixed Rate Bond Masthaven Bank
Min deposit £500
Term 5 Years
Interest AER 2.69%

Why we like it: 5 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

Is a Clydesdale Bank fixed rate bond right for you?

If you have a significant amount of savings, a fixed rate bond can help you maximise the value of your money.

Savings accounts usually offer the best interest rates on small deposits, with RCI Bank and Post Office presently offer 1.30% on their savings accounts.

If your savings are greater than the interest ceiling or your maximum permitted balance on your savings account, transferring the balance into one or more fixed rate bonds means all of your money will be earning a return. Fixed rate bonds provide a dependable return for the life of the bond and help prevent your money losing its value relative to inflation. Generally, the real world worth of your money should increase when the bond matures.

1 year, 2 years, 3 years or 5 year fixed rate bonds are normally the most popular, but some providers also offer bonds of different lengths. The interest rates will generally be higher the longer the bond term runs. You may be allowed to take money out of your account early in some cases, but will usually have to sacrifice some of your interest payments in exchange.

If you have savings that aren’t earning interest, moving them into a fixed rate bond can be a simple and effective way to start getting more for your money. It also allows you to keep your existing current account, so there is no disruption to your normal banking.

Why choose a Clydesdale Bank fixed rate bond?

Clydesdale Bank is a commercial bank headquartered in Glasgow, Scotland. Their fixed rate bonds offer customers the following benefits:

  • Minimum deposit of £2,000
  • Maximum deposit of £5million
  • Interest can be paid monthly, annually or when your deposit matures

Restrictions

Clydesdale Bank’s fixed rate bonds are subject to the following conditions:

  • No withdrawals can be made until the bond reaches maturity

Compare Clydesdale Bank fixed rate bonds

Clydesdale Bank offer term deposits over periods from 3 months to 3 years with higher rates of interest for the longer term deposits. If you are looking to make a longer commitment to receive a better return, you may want to consider alternative providers such as Aldermore, UBL or Vanquis.

Getting the best deal on fixed rate bonds

The interest rates and other features offered on fixed rate bonds vary over time due to changes in the market and consumer demand. This means that which brands and products offer the best value will differ depending on when you are looking.

These regular shifts in the market can make it difficult for customers to know which fixed rate bonds offer the best deal for them. Our comparison table, found at the top of this page, is regularly updated with all the latest and most attractive fixed rate bond deals, making it the ideal place to stay up to speed with all the latest investment opportunities.

Be sure to carefully consider your personal circumstances and the level of return you wish to receive before choosing which fixed term bond to take out. This should mean you are much more likely to be satisfied with your investment long term.

Latest news

Pensioner Bond Maturity - 5 Ideas For Your Cash

From January 2018 over 900,000 people who invested in pensioner bonds will start to see their bonds mature. Savers who have been enjoying 4% pa are going to get a shock when they look for comparable returns from cash in the current market. We have put together 5 ideas for your cash in 2018

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Simplysavingsaccounts.co.uk is a trading style of Fair Investment Company Ltd.

We've been comparing savings and current accounts for many years so you can trust you're in good hands.