Terms and Conditions: 4.20% AER/(4.12% Gross p.a.). NatWest's Fixed Term Savings Rates are 4.20% AER/(4.12% Gross p.a.) fixed for 1 year and 4.00% AER/(3.93% Gross p.a.) fixed for 2 years. Offer available until 5pm on 19th November 2025 for new customers and 24th November 2025 for existing customers. Please be aware that this offer can be withdrawn at any time due to limited availability. Interest paid monthly and on maturity. This account is for sole applicants only and cannot be opened in joint names. Minimum deposit £1. Maximum deposit £5,000,000.00. You can make additional payments or withdrawals from your account until 3:30pm on 2nd December 2025. 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
Terms and Conditions: 4.20% AER/(4.12% Gross p.a.). Royal Bank of Scotland's Fixed Term Savings Rates are 4.20% AER/(4.12% Gross p.a.) fixed for 1 year and 4.00% AER/(3.93% Gross p.a.) fixed for 2 years. Offer available until 5pm on 19th November 2025 for new customers and 24th November 2025 for existing customers. Please be aware that this offer can be withdrawn at any time due to limited availability. Interest paid monthly and on maturity. This account is for sole applicants only and cannot be opened in joint names. Minimum deposit £1. Maximum deposit £5,000,000.00. You can make additional payments or withdrawals from your account until 3:30pm on 2nd December 2025. 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
The best rates of interest for your savings will generally be found with a savings account. However, usually savings accounts will have a low ceiling above which interest will not be paid or they will have a limit for the amount you can deposit .
If this happens, you are likely to be better off if you transfer the balance not earning interest into a fixed term bond. This type of account provides a guaranteed rate of return on your savings in exchange for locking them away for a set period. You can usually place much larger interest earning amounts into a fixed rate bond than you can with a current account.
Popular types of fixed rate bond run for 1 year, 2 years, 3 years or 5 years and the longer the deposit term, the higher the interest rate you will generally be offered. Normally you cannot take any money out of your bond, or add any more in, until it reaches maturity. However, some providers offer exceptions to this rule if you pay a penalty fee.
Fixed rate bonds can be a great way to quickly and simply start earning a better return on your savings. They can be set up in parallel to your existing current account so should not interfere with your day-to-day banking.
Why choose a TSB fixed rate bond?
TSB Bank is a UK retail and commercial bank. It is a subsidiary of Sabadell Group. Customers investing their savings into a TSB fixed rate bond can take advantage of the following:
Minimum deposit of £2,000
You can hold multiple bonds up to a maximum of £5million
Interest can be paid monthly or annually
Check your balance online, by phone or in branch
Restrictions
When considering placing your savings into a fixed rate bond from TSB, please be aware:
You must be a UK resident
You must be at least 16 years old
No withdrawal can be made before maturity and early closure is not allowed
Only bonds opened online can be managed through internet banking
Compare TSB fixed rate bonds
TSB’s fixed rate bonds are offered over 1-3 years and can be opened online, over the phone or in branch. You may also wish to consider cash ISAs as another way to save, which can be more tax efficient. Popular alternative providers of fixed interest savings accounts include Aldermore. Take a look at our fixed rate bonds comparison table at the top of the page for details of the latest deals from across the market.
Getting the best deal on fixed rate bonds
Interest rates and other features of the fixed rate bonds market change periodically to reflect wider economic conditions and customer demand. We aim to make it easier for consumers to stay up-to-date on all the best offers currently available on the market so you can finding the right deal for you.
The fixed rate bond comparison table, above, provides a simple way to contrast the best offers we have sourced from across the market. We frequently add new products as they become available so make sure to check back regularly for the best fixed rate bond deals from across the industry.
Before investing your savings in a fixed rate bond, be sure you have adequately accounted for all your existing and likely future financial commitments. This should ensure you end up with a deal that gives a good rate of return without leaving you short of money while you wait for your bond to mature.
