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This comparison simply includes all savings accounts.

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 9 Months
Interest AER 4.50%

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

Investec Savings
Fixed Rate Bond Investec Savings
Min deposit £5000
Term 1 Year
Interest AER 4.50%

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

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 1 Year
Interest AER 4.40%

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

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 18 Months
Interest AER 4.51%

Why we like it: Market Leading 18 Month Fixed Rate Bond. 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

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 2 Years
Interest AER 4.51%

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 4.50%

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 3 Years
Interest AER 4.50%

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

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 3 Years
Interest AER 4.41%

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

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 4 Years
Interest AER 4.27%

Why we like it: MARKET LEADING 4 YEAR FIXED RATE BOND. 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

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 4 Years
Interest AER 4.20%

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

Hampshire Trust Bank
Fixed Rate Bond Hampshire Trust Bank
Min deposit £1
Term 5 Years
Interest AER 4.27%

Why we like it: MARKET LEADING 5 YEAR FIXED RATE BOND. 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

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 5 Years
Interest AER 4.25%

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

Is a Santander fixed rate bond right for you?

A number of today's savings accounts may provide competitive interest. However, often there is a generally low threshold above which no interest will be paid or a limit to the amount you can have in the account at one time. 

Fixed rate bonds offer a secure return on your investment for the term of your deposit with longer term bonds generally giving a better rate of interest. The maximum you can earn interest on is usually much higher than for a savings account, making fixed rate bonds a good choice for more substantial savings.

1 year, 2 year, 3 year and 5 year fixed rate bonds are all commonly available. You will usually not be able to access your money until the bond has matured, but some providers do allow early withdrawal and/or closure in exchange for a financial penalty.

If you are not currently earning a return on the whole of your savings, a fixed rate bond is a relatively straightforward way to start getting more from your money. You can set up bonds alongside your existing current account so they do not need to disrupt your regular banking processes.

Why choose a Santander fixed rate bond?

The Santander Group is a Spanish banking group with over 100 million customers worldwide. When taking out one of their fixed rate bonds you will benefit from:

  • Minimum deposit of £500
  • Maximum deposit of £2million
  • Interest paid monthly, annually or when your bond matures
  • Managing your account online, in branch or by phone

Restrictions

To qualify for a Santander fixed rate bond you must accept the following conditions:

  • You must be a UK resident
  • You must be at least 16 years old
  • No additional deposits, withdrawal or early closure is allowed

Compare Santander fixed rate bonds

Santander currently offer 1, 2 and 3 year fixed rate bonds alongside a number of cash ISAs. To make a longer term investment for a better rate of interest, you may want to consider alternative institutions including Aldermore.

Getting the best deal on fixed rate bonds

With any financial products, features such as interest rates will change over time to reflect fluctuations in the market and changing customer demand. This can make it hard to find the right deal for you.

Our comparison table, above, makes it really easy to contrast the different features of the top fixed rate bonds currently on offer. We keep these offers regularly updated, so you can always be confident you will find the best deals right here.

Careful consideration of your current and likely future financial circumstances is advised before making any investment decision. Make sure you are confident that you will not need your savings before placing them into a fixed term bond and be clear exactly what return you would like to see before making a choice.

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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.