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This comparison simply includes all savings accounts.

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 9 Months
Interest AER 4.90%

Why we like it: 9 month term, minimum deposit £1,000, no withdrawals permitted. FSCS Protected

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 1 Year
Interest AER 5.05%

Why we like it: Interest paid annually. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2024. Must be UK resident and be aged 18 or older. No withdrawals permitted

Investec Savings
Fixed Rate Bond Investec Savings
Min deposit £5000
Term 1 Year
Interest AER 5.04%

Why we like it: Interest paid on maturity. Automatic repayment to your linked account. Maximum deposit £250,000. FSCS Protected. Must have a UK residential address and be aged 18 or older. No withdrawals permitted

Mizrahi Tefahot Bank
Fixed Rate Bond Mizrahi Tefahot Bank
Min deposit £10000
Term 1 Year
Interest AER 5.25%

Why we like it: Sign up to a Flagstone account, and access hundreds of savings accounts from 60+ banks, including this one. Easily split cash between multiple accounts, all with a single application. Maximise your interest with exclusive rates. Personalised illustration tool to see how you can maximise your cash. FSCS Protected. Minimum deposit £10,000. Must be UK resident and aged 18 or older

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 18 Months
Interest AER 4.97%

Why we like it: Interest paid annually. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2024. Must be UK resident and be aged 18 or older. No withdrawals permitted

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 2 Years
Interest AER 5.00%

Why we like it: MARKET LEADING 2 YEAR FIXED RATE BOND. Which? Recommended Savings Provider. Save from £1,000 to £250,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 2 Years
Interest AER 4.95%

Why we like it: Interest paid annually. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2024. Must be UK resident and be aged 18 or older. No withdrawals permitted

Investec Savings
Fixed Rate Bond Investec Savings
Min deposit £5000
Term 2 Years
Interest AER 4.70%

Why we like it: Interest paid annually. Automatic repayment to your linked account. Maximum deposit £250,000. FSCS Protected. Must have a UK residential address and be aged 18 or older. No withdrawals permitted

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 3 Years
Interest AER 4.76%

Why we like it: MARKET LEADING 3 YEAR FIXED RATE BOND. Which? Recommended Savings Provider. Save from £1,000 to £250,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 3 Years
Interest AER 4.70%

Why we like it: Interest paid annually. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2024. Must be UK resident and be aged 18 or older. No withdrawals permitted

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 4 Years
Interest AER 4.25%

Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £250,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 4 Years
Interest AER 4.00%

Why we like it: Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected

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Is a Nationwide fixed rate bond right for you?

Getting the best return on your savings can be confusing, but for most people the best solution is to use a combination of products to maximise the amount of interest you can earn. This is because savings accounts usually offer the best rates on relatively small amounts, Investec Bank and Aldermore Bank presently offer 0.90% on their savings accounts, whereas fixed rate bonds will let you earn interest on much larger sums.

When you invest in a fixed rate bond, you will be offered a guaranteed rate of interest for the full term of the bond. The downside is that you can normally not then access your money until the bond matures. Common fixed rate bonds tend to run for 1 year, 2 years, 3 years or 5 years. The longer the bond runs for, the higher the interest rate will normally be.

It’s important to realise that if you are not earning interest on your savings then they are likely to be decreasing in real world value due to the action of inflation on the market. Fixed rate bonds can therefore be a great way to protect and increase the buying power of your savings over time.

Why choose a Nationwide fixed rate bond?

Nationwide Building Society is the largest building society in the world. Their fixed rate bonds have the following benefits:

  • Minimum deposit of £1
  • You can open multiple bonds up to a combined value of £5million
  • Interest can be paid monthly, annually or when your bond matures
  • Manage your account online, in branch or using Nationwide’s Banking app

Restrictions

Nationwide fixed rate bonds are offered subject to the following conditions:

  • Account holders must be at least 7 years old
  • No early withdrawals are permitted, but you may close your account early in exchange for loss of interest

Compare Nationwide fixed rate bonds

At the moment, Nationwide offer 1, 2, 3 and 5 year fixed rate bonds to their customers. If you are hoping to take out a bond with a higher rate of interest you may be happier with alternative providers like Aldermore and RCI.

Getting the best deal on fixed rate bonds

It can be difficult to stay on top of which brands and products are offering the best deals on fixed rate bonds as interest rates and other factors change all the time. This is to take account of shifts in market conditions and consumer demand.

We offer a fixed rate bond comparison table (found at the top of this page) which allows you to simply compare all the latest and best offers we can find from across the market. These offers are updated regularly, so make sure to keep checking back to find the best value on offer.

You should spend some time thinking carefully about the level of return you would like to achieve on your savings and your personal circumstances before investing in a fixed rate bond. This can help to ensure you end up with a savings account you are happy with for the foreseeable future.

Latest news

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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.