| A fixed rate savings bond is a straightforward way to save money when you’re happy to set funds aside for a defined period in return for a fixed rate of interest. When you open a fixed rate bond, the interest rate stays the same for the full term, so you know exactly how much your savings will earn from the outset. |
| Fixed rate bonds are often chosen by savers who value certainty. Because your money is locked away for a set length of time, the interest rate is not affected by changes in the wider savings market, providing peace of mind and predictable returns throughout the term. |
| These accounts can be a good option if you have savings you don’t need immediate access to and want to protect your return from potential interest rate changes. Fixed rate bonds are personal savings products and are separate from business savings bonds and Cash ISA bonds, which may be available in their own dedicated sections. |
Bonds
Fixed rate savings bonds are ideal for when you're happy to lock your money away for a defined period with a fixed rate of return.
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