Best 2-year fixed-rate bonds up to 4.43%

Is my money safe?

The Financial Services Compensation Scheme (FSCS) guarantees that it will step in to compensate the first £85,000 (£170,000 for a joint account) you have saved with a UK-authorised bank, building society or credit union in the event that the business goes bust.

Compare 2 year fixed rate bonds

Table: sorted by interest rate, promoted deals first

Product	Rate	Invest	Deposit protection	Incentive	Link	Return
GB Bank 2 Year Fixed Rate Bond	4.43% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,452.81 at maturity	loading
GB Bank 2 Year Fixed Rate Bond Monthly	4.43% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,452.81 at maturity	loading
DF Capital 2 Year Fixed Rate Deposit (Loyalty Issue 14)	4.4% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,449.68 at maturity	loading
Vanquis Bank Ltd 2 Year Savings Bond	4.4% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,449.68 at maturity	loading
JN Bank 2 Year Fixed Term Savings	4.4% AER fixed for 2 years	From £100	protected	Go to site More info	£5,449.68 at maturity	loading
Oxbury Personal 2 Year Bond Account - Issue 28	4.4% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,449.68 at maturity	loading
DF Capital 2yr Fixed Rate Deposit (Loyalty Iss 14) Mat	4.4% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,449.68 at maturity	loading
Vanquis Bank Ltd 2 Year Savings Bond Monthly	4.4% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,449.68 at maturity	loading
Close Brothers Ltd Close Savings 2 Year Fixed Rate Bond	4.37% AER fixed for 2 years	From £10,000	protected	Go to site More info	N/A	loading
Castle Community Bank 2 Year Fixed Term Deposit	4.35% AER fixed for 2 years	From £1,000	protected	More info	£5,444.46 at maturity	loading
Birmingham Bank 2 Year Fixed Rate Bond Issue 21	4.33% AER fixed for 2 years	From £5,000	protected	More info	£5,442.37 at maturity	loading
Hodge Bank 2 Year Fixed Rate Account/Bond	4.32% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,441.33 at maturity	loading
Raisin UK Bank of Ceylon (UK) - 2 Year Fixed Term Deposit	4.32% AER fixed for 2 years	From £1,000	protected	More info	£5,441.33 at maturity	loading
Hodge Bank 2 Year Fixed Rate Account/Bond Monthly	4.32% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,441.33 at maturity	loading
Penrith Building Society 2 Year Fixed Rate E-Bond (Issue 2)	4.31% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,440.29 at maturity	loading
Penrith Building Society 2 Year Fixed Rate Bond (Issue 2)	4.31% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,440.29 at maturity	loading
Investec Bank 2 Year Fixed Rate Saver	4.3% AER fixed for 2 years	From £5,000	protected	Go to site More info	N/A	loading
Cynergy Bank UK 2 Year Bond	4.3% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,439.24 at maturity	loading
The Access Bank UK Limited Sensible Savings 2 Year Fixed Term Savings Bond	4.3% AER fixed for 2 years	From £5,000	protected	More info	£5,439.24 at maturity	loading
Castle Trust Bank 2 Year Fixed Rate e-Saver	4.28% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,437.16 at maturity	loading
Raisin UK Halcyon Money - 2 Year Fixed Term Deposit	4.26% AER fixed for 2 years	From £1,000	protected	More info	£5,435.07 at maturity	loading
Chetwood Bank 2 Year Fixed Rate	4.26% AER fixed for 2 years	From £1,000	protected	More info	£5,435.07 at maturity	loading
Zenith Bank (UK) Limited 2 Year Fixed Term Deposit	4.25% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Ford Money Fixed Saver 2 Year	4.25% AER fixed for 2 years	From £500	protected	Go to site More info	£5,434.03 at maturity	loading
FirstSave 2 Year Fixed Rate Bond Monthly	4.25% AER fixed for 2 years	From £5,000	protected	Go to site More info	N/A	loading
Ford Money Fixed Saver 2 Year Monthly	4.25% AER fixed for 2 years	From £500	protected	Go to site More info	£5,434.03 at maturity	loading
Union Bank of India (UK) Ltd 2 Year Fixed Term Deposit	4.25% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Hampshire Trust 2 Year Bond Issue 97	4.25% AER fixed for 2 years	From £1	protected	Go to site More info	£5,434.03 at maturity	loading
Nottingham Building Society 2 Year Fixed Rate Bond Issue 36	4.25% AER fixed for 2 years	From £500	protected	Go to site More info	£5,434.03 at maturity	loading
Union Bank of India (UK) Ltd 2 Year Union Premier Bond	4.25% AER fixed for 2 years	From £5,000	protected	Go to site More info	N/A	loading
Raisin UK Zenith Bank (UK) - 2 Year Fixed Term Deposit	4.25% AER fixed for 2 years	From £1,000	protected	More info	£5,434.03 at maturity	loading
FirstSave 2 Year Fixed Rate Bond	4.25% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,434.03 at maturity	loading
Nottingham Building Society 2 Year Fixed Rate Bond Issue 376	4.25% AER fixed for 2 years	From £500	protected	Go to site More info	£5,434.03 at maturity	loading
Zopa Bank Smart Saver 2 Year Fixed Term Pot	4.2% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,428.82 at maturity	loading
United Trust Bank Ltd 2 Year Personal Deposit Bond	4.2% AER fixed for 2 years	From £5,000	protected	Go to site More info	N/A	loading
Marsden Fixed Rate Bond (Issue 342)	4.2% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,428.82 at maturity	loading
Zopa Bank 2 Year Fixed Term Savings	4.2% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,428.82 at maturity	loading
Tandem 2 Year Fixed Saver	4.2% AER fixed for 2 years	From £1	protected	Go to site More info	N/A	loading
Marsden Fixed Rate Bond (Issue 342) Monthly	4.2% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,428.82 at maturity	loading
Raisin UK National Bank of Egypt - 2 Year Fixed Term Deposit	4.16% AER fixed for 2 years	From £10,000	protected	More info	N/A	loading
Atom Bank 2 Year Fixed Saver Monthly	4.15% AER fixed for 2 years	From £50	protected	Go to site More info	£5,423.61 at maturity	loading
Atom Bank 2 Year Fixed Saver	4.15% AER fixed for 2 years	From £50	protected	Go to site More info	£5,423.61 at maturity	loading
UBL UK 2 Year Fixed Term Deposit Account Maturity	4.11% AER fixed for 2 years	From £2,000	protected	Go to site More info	N/A	loading
Raisin UK UBL UK - 2 Year Fixed Term Deposit	4.11% AER fixed for 2 years	From £2,000	protected	More info	£5,419.45 at maturity	loading
UBL UK 2 Year Fixed Term Deposit Account	4.11% AER fixed for 2 years	From £2,000	protected	Go to site More info	N/A	loading
UBL UK 2 Year Fixed Term Deposit Account Monthly	4.11% AER fixed for 2 years	From £2,000	protected	Go to site More info	N/A	loading
Allica Bank 24 Month Fixed Term Savings Account (Issue 44)	4.1% AER fixed for 2 years	From £10,000	protected	Go to site More info	N/A	loading
cahoot 2 Year Fixed Rate Bond Monthly	4.1% AER fixed for 2 years	From £500	protected	Go to site More info	N/A	loading
cahoot 2 Year Fixed Rate Bond	4.1% AER fixed for 2 years	From £500	protected	Go to site More info	£5,418.40 at maturity	loading
Kent Reliance 2 Year Fixed Rate Bond Issue 16 Monthly	4.07% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,415.28 at maturity	loading
Kent Reliance 2 Year Exclusive Fixed Rate Bond Issue 16	4.07% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,415.28 at maturity	loading
Kent Reliance 2 Year Fixed Rate Bond Issue 16	4.07% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,415.28 at maturity	loading
Kent Reliance 2 Year Exclusive Fixed Rate Bond Issue 16 Monthly	4.07% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,415.28 at maturity	loading
Charter Savings Bank 2 Year Fixed Rate Bond Monthly	4.06% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,414.24 at maturity	loading
Charter Savings Bank 2 Year Fixed Rate Bond	4.06% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,414.24 at maturity	loading
Aldermore 2 Year Fixed Rate Bond Monthly	4.06% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,414.24 at maturity	loading
Aldermore 2 Year Fixed Rate Bond	4.06% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,414.24 at maturity	loading
Shawbrook Bank 2 Year Fixed Rate Bond Issue 91 Monthly	4.05% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,413.20 at maturity	loading
Yorkshire Building Society 4.05% Fixed Rate Bond to 31/07/2027	4.05% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,413.20 at maturity	loading
Shawbrook Bank 2 Year Fixed Rate Bond Issue 91	4.05% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,413.20 at maturity	loading
Yorkshire Building Society 4.05% Fixed Rate Bond to 31/07/2027 M	4.05% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Yorkshire Building Society 4.05% Fixed Rate e-Bond to 31/07/2027	4.05% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,413.20 at maturity	loading
Prosper GB Bank - 2 Year Fixed Term Deposit	4.02% AER fixed for 2 years	From £20,000	protected	More info	N/A	loading
Hinckley & Rugby Building Society Fixed Rate Bond until 31 October 2027	4.02% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,410.08 at maturity	loading
Vida Savings 2 Year Fixed Rate Bond Monthly	4% AER fixed for 2 years	From £1,000	protected	More info	£5,408 at maturity	loading
ICICI Bank UK Plc 2 Year Fixed Deposit (Non-withdrawable) Quarterly	4% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Chorley & District Building Society Fixed Rate Bond (31.10.2027)	4% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Melton Building Society Online Fixed Rate Savings to 21 July 2027	4% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,408 at maturity	loading
Furness Building Society 4.00% 2 Year Fixed Rate Bond	4% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,408 at maturity	loading
ICICI Bank UK Plc 2 Year Fixed Deposit (Non-withdrawable) Monthly	4% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Newcastle Building Society Two Year Fixed Rate Bond (Issue 111) Monthly	4% AER fixed for 2 years	From £1	protected	Go to site More info	£5,408 at maturity	loading
Melton Building Society Fixed Rate Savings to 21 July 2027	4% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,408 at maturity	loading
Leeds Building Society 2 Year Monthly Income Bond (Issue 27)	4% AER fixed for 2 years	From £100	protected	Go to site More info	N/A	loading
Leeds Building Society 2 Year Fixed Rate Bond Issue 640	4% AER fixed for 2 years	From £100	protected	Go to site More info	£5,408 at maturity	loading
ICICI Bank UK Plc 2 Year Fixed Deposit (Non-withdrawable)	4% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Vida Savings 2 Year Fixed Rate Bond	4% AER fixed for 2 years	From £1,000	protected	More info	£5,408 at maturity	loading
Newcastle Building Society Two Year Fixed Rate Bond (Issue 111)	4% AER fixed for 2 years	From £1	protected	Go to site More info	£5,408 at maturity	loading
Raisin UK Isbank UK - 2 Year Fixed Term Deposit	4% AER fixed for 2 years	From £1,000	protected	More info	£5,408 at maturity	loading
Suffolk Building Society 2 Year Fixed Rate Bond (31.08.2027) Monthly	3.95% AER fixed for 2 years	From £100	protected	More info	N/A	loading
Suffolk Building Society 2 Year Fixed Rate Bond (31.08.2027)	3.95% AER fixed for 2 years	From £100	protected	More info	£5,402.80 at maturity	loading
Principality Building Society 2 Year Fixed Rate Bond Issue 509 Monthly	3.95% AER fixed for 2 years	From £500	protected	Go to site More info	N/A	loading
Principality Building Society 2 Year Fixed Rate Bond Issue 509	3.95% AER fixed for 2 years	From £500	protected	Go to site More info	£5,402.80 at maturity	loading
Suffolk Building Society Online 2 Year Fixed Rate Bond (31.08.2027)	3.95% AER fixed for 2 years	From £100	protected	More info	£5,402.80 at maturity	loading
State Bank of India 2 Year Fixed Deposit (Monthly)	3.95% AER fixed for 2 years	From £50,000	protected	Go to site More info	N/A	loading
State Bank of India 2 Year Fixed Deposit	3.95% AER fixed for 2 years	From £10,000	protected	Go to site More info	N/A	loading
Bath Investment & Building Society Two Year Fixed Rate Bond (Issue 6)	3.9% AER fixed for 2 years	From £500	protected	Go to site More info	£5,397.60 at maturity	loading
Darlington Building Society 2 Year Fixed Rate Bond (92)	3.9% AER fixed for 2 years	From £500	protected	Go to site More info	£5,397.60 at maturity	loading
West Bromwich Building Society 2 Year Fixed Rate Bond Monthly	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Leek Building Society 2 Yr Ext Customer Fixed Rate Fxd Term Bond M	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,397.60 at maturity	loading
Skipton Building Society 2 Year Fixed Rate Bond Issue 282	3.9% AER fixed for 2 years	From £500	protected	Go to site More info	£5,397.60 at maturity	loading
Earl Shilton 2 Year Fixed Rate Savings Bond Issue 6	3.9% AER fixed for 2 years	From £10,000	protected	Go to site More info	N/A	loading
Leek Building Society 2 Year Fixed Rate Bond Monthly	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,397.60 at maturity	loading
West Bromwich Building Society 2 Year Fixed Rate Bond	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,397.60 at maturity	loading
Skipton Building Society 2 Year Fixed Rate Bond Issue 282 Monthly	3.9% AER fixed for 2 years	From £500	protected	Go to site More info	N/A	loading
Mansfield Fixed Rate Bond until 27 Sept 2027 (62nd issue)	3.9% AER fixed for 2 years	From £500	protected	Go to site More info	£5,397.60 at maturity	loading
Mansfield 2 Year Fixed Rate eBond (12th issue)	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,397.60 at maturity	loading
Raisin UK Furness BS - 24 Month Fixed Term Deposit	3.9% AER fixed for 2 years	From £1,000	protected	More info	£5,397.60 at maturity	loading
ICICI Bank UK Plc HiSave 2 Year Fixed Rate Account Monthly	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Leek Building Society 2 Year Fixed Rate Bond	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,397.60 at maturity	loading
Cambridge Building Society 2 Year Fixed Rate Bond (Issue 33)	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,397.60 at maturity	loading
Mansfield 2 Year Fixed Rate Bond (69th Issue) Monthly	3.9% AER fixed for 2 years	From £500	protected	Go to site More info	N/A	loading
ICICI Bank UK Plc HiSave 2 Year Fixed Rate Account	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
Leek Building Society 2 Yr Ext Customer Fixed Rate Fxd Term Bond	3.9% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,397.60 at maturity	loading
Castle Trust Bank 2 Year Fixed Rate Saver Maturity	3.85% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,392.41 at maturity	loading
The Family Building Society 2 Year Fixed Rate Bond (45) Monthly	3.85% AER fixed for 2 years	£5,000 - £9,999	protected	Go to site More info	N/A	loading
Raisin UK Paragon Bank - 2 Year Fixed Term Deposit	3.85% AER fixed for 2 years	From £1,000	protected	More info	£5,392.41 at maturity	loading
National Savings & Investments 2 Year Guaranteed Income Bond Issue 74	3.85% AER fixed for 2 years	From £500	HM Treasury protected	Go to site More info	N/A	loading
The Family Building Society 2 Year Fixed Rate Bond (45)	3.85% AER fixed for 2 years	£1,000 - £9,999	protected	Go to site More info	£5,392.41 at maturity	loading
Dudley Building Society Two Year Fixed Rate Bond Issue 44	3.85% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,392.41 at maturity	loading
Paragon 2 Year Fixed Rate	3.85% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,392.41 at maturity	loading
Dudley Building Society Two Year Fixed Rate Bond Online Issue 27	3.85% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,392.41 at maturity	loading
Cumberland 2 Year Fixed Interest Fixed Term	3.85% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,392.41 at maturity	loading
National Savings & Investments 2 Year Guaranteed Growth Bond Issue 74	3.85% AER fixed for 2 years	From £500	HM Treasury protected	Go to site More info	£5,392.41 at maturity	loading
Paragon 2 Year Fixed Rate Monthly	3.85% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,392.41 at maturity	loading
The Co-operative Bank 2 Year Fixed Term Deposit Monthly	3.84% AER fixed for 2 years	From £1,000	protected	Go to site More info	N/A	loading
The Co-operative Bank 2 Year Fixed Term Deposit	3.81% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,388.26 at maturity	loading
Scottish Building Society Fixed Rate Bond 220	3.8% AER fixed for 2 years	From £500	protected	Go to site More info	£5,387.22 at maturity	loading
HSBC 2 Year Fixed Rate Saver Monthly	3.8% AER fixed for 2 years	From £2,000	protected	Go to site More info	N/A	loading
Monmouthshire Building Society 2 Year Fixed Rate Bond - Issue 51	3.8% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,387.22 at maturity	loading
Nationwide Building Society 2 Year Fixed Rate Online Bond	3.8% AER fixed for 2 years	From £1	protected	Go to site More info	£5,387.22 at maturity	loading
M&S Bank 2 Year Fixed Rate Savings Issue 57	3.8% AER fixed for 2 years	From £500	protected	Go to site More info	£5,387.22 at maturity	loading
Scottish Building Society Online Fixed Rate Bond 220	3.8% AER fixed for 2 years	From £500	protected	Go to site More info	£5,387.22 at maturity	loading
HSBC 2 Year Fixed Rate Saver	3.8% AER fixed for 2 years	From £2,000	protected	Go to site More info	N/A	loading
Nationwide Building Society 2 Year Fixed Rate Branch Bond	3.8% AER fixed for 2 years	From £1	protected	Go to site More info	£5,387.22 at maturity	loading
TSB 2 Year Fixed Bond	3.75% AER fixed for 2 years	From £1	protected	Go to site More info	N/A	loading
Ikano Bank Fixed 2 Year Saver Monthly	3.75% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,382.03 at maturity	loading
Vernon Mthly Income Fixed-Rate Bond to 30th Sept 2027	3.75% AER fixed for 2 years	From £20,000	protected	Go to site More info	N/A	loading
Saffron Building Society 2 Year Fixed Rate Bond	3.75% AER fixed for 2 years	From £500	protected	Go to site More info	£5,382.03 at maturity	loading
Punjab National Bank (International) Ltd 2 Year Fixed Rate Deposit	3.75% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,382.03 at maturity	loading
Saffron Building Society 2 Year Monthly Income Bond	3.75% AER fixed for 2 years	From £500	protected	Go to site More info	£5,382.03 at maturity	loading
Progressive Building Society 2 Year Fixed Rate Bond (Issue 25)	3.75% AER fixed for 2 years	From £1	protected	Go to site More info	£5,382.03 at maturity	loading
TSB 2 Year Fixed Bond Monthly	3.75% AER fixed for 2 years	From £1	protected	Go to site More info	N/A	loading
Progressive Building Society Online 2 Year Fixed Rate Bond (8)	3.75% AER fixed for 2 years	From £1	protected	Go to site More info	£5,382.03 at maturity	loading
Ikano Bank Fixed 2 Year Saver	3.75% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,382.03 at maturity	loading
Post Office Money 2 Year Online Bond Issue 133 Monthly	3.7% AER fixed for 2 years	From £500	protected	Go to site More info	£5,376.84 at maturity	loading
Bank of Ireland (NI) 2 Year Limited Edition Fixed Term Deposit	3.7% AER fixed for 2 years	From £2,000	protected	Go to site More info	£5,376.84 at maturity	loading
Market Harborough Building Society PlanetSaver Fixed Term Bond 63 (04.08.2027)	3.7% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,376.84 at maturity	loading
Progressive Building Society 2 Year Fixed Rate Monthly Income Bond (Issue 25)	3.7% AER fixed for 2 years	From £25,000	protected	Go to site More info	N/A	loading
Post Office Money 2 Year Online Bond Issue 133	3.7% AER fixed for 2 years	From £500	protected	Go to site More info	£5,376.84 at maturity	loading
Santander 2 Year Fixed Term Saver	3.65% AER fixed for 2 years	From £500	protected	Go to site More info	£5,371.66 at maturity	loading
Allied Irish Bank (GB) Savings Direct 2 Year Fixed Rate Bond	3.65% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,371.66 at maturity	loading
iFast Global Bank 24 Month Fixed Term Deposit	3.65% AER fixed for 2 years	From £1	protected	More info	£5,371.66 at maturity	loading
Allied Irish Bank (GB) 24 Month Fixed Rate Saver	3.65% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,371.66 at maturity	loading
Santander 2 Year Fixed Term Saver Monthly	3.65% AER fixed for 2 years	From £500	protected	Go to site More info	N/A	loading
AIB (NI) 24 Month Fixed Rate Saver	3.65% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,371.66 at maturity	loading
Cater Allen 2 Year Fixed Term Deposit	3.65% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,371.66 at maturity	loading
Post Office Money 2 Year Fixed Rate Growth Bond Issue 63	3.6% AER fixed for 2 years	From £500	protected	Go to site More info	£5,366.48 at maturity	loading
Tesco Bank 2 Year Fixed Rate Saver Monthly	3.6% AER fixed for 2 years	From £2,000	protected	Go to site More info	N/A	loading
Tesco Bank 2 Year Fixed Rate Saver	3.6% AER fixed for 2 years	From £2,000	protected	Go to site More info	N/A	loading
Reliance Bank 2 Year Fixed Term Deposit	3.55% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,361.30 at maturity	loading
Halifax Fixed Saver - 2 Year Term Monthly	3.5% AER fixed for 2 years	From £500	protected	Go to site More info	£5,356.12 at maturity	loading
OakNorth Bank Personal 24 Month Fixed Term Deposit	3.5% AER fixed for 2 years	From £1	protected	Go to site More info	£5,356.12 at maturity	loading
Bank of Scotland 2 Year Fixed Rate Bond	3.5% AER fixed for 2 years	From £500	protected	Go to site More info	£5,356.12 at maturity	loading
Raisin UK Ziraat Bank - 2 Year Fixed Term Deposit	3.5% AER fixed for 2 years	From £1,000	protected	More info	£5,356.12 at maturity	loading
Bank of Scotland 2 Year Fixed Rate Bond Monthly	3.5% AER fixed for 2 years	From £500	protected	Go to site More info	N/A	loading
Turkish Bank (UK) Ltd 2 Year Fixed Term Deposit	3.5% AER fixed for 2 years	From £5,000	protected	More info	£5,356.12 at maturity	loading
Lloyds Bank Online Fixed Bond - 2 Year	3.5% AER fixed for 2 years	From £500	protected	Go to site More info	£5,356.12 at maturity	loading
Halifax Fixed Saver - 2 Year Term	3.5% AER fixed for 2 years	From £500	protected	Go to site More info	£5,356.12 at maturity	loading
Raisin UK Santander Int - 2 Year Fixed Term Deposit	3.45% AER fixed for 2 years	From £1,000	protected	More info	£5,350.95 at maturity	loading
Danske Bank 2 Year Fixed Term Deposit	3.44% AER fixed for 2 years	From £5,000	protected	Go to site More info	£5,349.92 at maturity	loading
ICICI Bank UK Plc 2 Year Fixed Deposit (Withdrawable)	3.25% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,330.28 at maturity	loading
Conister Bank 2 Year Fixed Term Deposit	3.08% AER fixed for 2 years	From £5,000	protected	More info	N/A	loading
Conister Bank 2 Year Fixed Term Deposit Monthly	2.92% AER fixed for 2 years	From £5,000	protected	More info	N/A	loading
UBL UK – Raisin UK - 2 Year Fixed Term Deposit	4.36% AER fixed for 2 years	£2,000 - £85,000	protected	Go to site More info	£5,445.50 at maturity	loading
RCI Bank UK – 2 Year Fixed Term Savings Account	4.3% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,439.24 at maturity	loading
RCI Bank UK – 2 Year Fixed Term Savings Account	4.3% AER fixed for 2 years	From £1,000	protected	Go to site More info	£5,439.24 at maturity	loading

Please note: This calculator provides estimations based on assumptions such as that you do not make withdrawals. You should always refer to the account provider for exact figures as they may vary from our results. Interest may be taxable.

If you’re looking for a home for your savings, and you won’t need to access them for 2 years, a 2 year fixed rate bond is a good option, if you can find one paying a decent amount of interest. Here’s what you need to consider, including the pros and cons and how to compare and choose the best one for you.

What are 2 year fixed rate bonds?

Fixed rate bonds involve depositing a set amount of money for an agreed period of time at a fixed interest rate. With 2 year fixed rate bonds, the money is locked in for a period of 2 years, although there are other fixed terms available, which usually range from 1 to 5 years.

With a 2 year fixed rate bond, normally you won’t be able to add money to the savings pot or withdraw it for the duration of that 2 years. The interest rate you get is fixed from the start, which provides certainty on your level of return (although that’s not so great if interest rates go up elsewhere in the meantime).

There is usually a chunky minimum deposit required, so a 2 year fixed rate bond could be a good option if you have a lump sum available that you know you won’t need to get your hands on again in the immediate future.

Bonds with a 2-year term will generally pay a better rate than 18-month (or shorter) terms but a worse rate than 3-year (or longer) terms.

However, at the moment, you can actually get a better rate (6.25% vs 4.43%) on a 1-year term. If you suspect that interest rates are likely to start to come down, then you may still prefer to "lock in" for 2 years, even if it's at a lower rate.

What are the available types of 2 year fixed rate bonds?

These are two main types of fixed rate bonds:

Normal fixed rate bonds provide a fixed interest rate for the duration of the bond (in this case, 2 years).
Tracker rate bonds involve fixing the interest rate at an agreed level above the Bank of England base rate. So for example, these might offer a rate of 1% higher than the base rate until the end of the 2 year term – which technically means there’s a chance the interest rate could fluctuate if the BoE decides to change its base rate.

How to choose the best 2 year fixed rate bond

The best 2 year fixed rate bond for you will be the one that best meets your individual needs. So here are some points to consider when choosing your account:

Interest rate. This is arguably one of the top factors when selecting your bond since you want your money to earn the best interest rate possible if it is tied in for 2 years.
How interest is paid. Want to generate a monthly income by getting the interest “paid away” to another account? Most bonds support this, but not all. Some insist that the interest is left and allowed to compound.
Account opening and management. Can you easily open the account online or do you need to go into a branch? And can you then manage or view your savings online or from a mobile app if that’s what you would prefer?
Eligibility. Some providers reserve the best bond products for their existing customers (who already have a current or savings account with them, for example). If you have an eye on a particular bond, check that it’s available to new customers.
Minimum deposit. You might need a minimum deposit of around £1,000 for the accounts with the best interest rates. So make sure you have that lump sum available and can afford not to have to withdraw it again for the 2 years.

How much money do you need to open a 2-year fixed rate bond?

Typically, there is a minimum deposit of £500 or £1,000 required to open a 2-year fixed rate bond. There are some accounts that can be opened with as little as £1, but it’s not usually worth opening a fixed rate bond with as little as this, unless your provider permits additional deposits.

The maximum amount you can put into one of these bonds is usually capped at around the £250,000 mark, but some providers will potentially let you put in millions of pounds (if you’re lucky enough to have that much to spare!).

When thinking about how much money to place in your bond, remember there is tax payable on the earnings from savings interest, although everyone gets a yearly allowance before the tax liability kicks in. Basic-rate taxpayers can earn up to £1,000 in interest each year tax-free, and for higher-rate taxpayers, it’s £500. Additional rate taxpayers have no personal savings allowance.

Is your money safe in a 2-year fixed rate bond?

Funds deposited at a financial institution with a UK banking licence are protected by the Financial Services Compensation Scheme (FSCS) up to the value of £85,000. This is per person, so any joint accounts will be covered for up to £170,000.

But you must be mindful that these limits apply to each bank (or banking group), so if you have a current account and several savings accounts with one provider containing funds totalling more than £85,000, any amount over this threshold won’t be covered.

Money deposited with financial providers that don’t have a UK banking licence also won’t be covered specifically by the FSCS. Although if the provider is regulated by the FCA and is allowed to take customer deposits in this country, it must have other safeguards in place, such as ring-fencing its customers’ money in accounts held at UK banks.

What happens at the end of the 2 years?

It’s time to cash out! As the bond will have reached the end of its fixed term (or “matured”), your provider will pay you the interest you’ve earned during this time, and you can then draw out your original lump sum plus the interest. Typically, you can choose to have this paid back into your current account or into another fixed term bond if you’d like to continue saving.

Which are the best 2-year fixed-rate bonds at the moment?

Our best fixed-rate bonds are the highest interest rates available. To get the latest rates, we use Moneyfacts data, which covers nearly the full market of savings products and is checked and updated daily. We don’t include accounts from private banks.

All the fixed-rate bonds in our list have savings protection – for most, this is the Financial Services Compensation Scheme (FSCS). Other schemes include that of NS&I, which is 100% backed by HM Treasury, and the Gibraltar Deposit Guarantee Scheme.

GB Bank 2 Year Fixed Rate Bond - 4.43%
GB Bank 2 Year Fixed Rate Bond Monthly - 4.43%
DF Capital 2 Year Fixed Rate Deposit (Loyalty Issue 14) - 4.4%
Vanquis Bank Ltd 2 Year Savings Bond - 4.4%
JN Bank 2 Year Fixed Term Savings - 4.4%

An overview of our 2-year fixed-rate bond comparison

Rates up to	4.43% AER
Number of accounts	169
Minimum investment	£1
Maximum investment	£10,000,000
Opening options	Branch, website, mobile app, post, telephone

Pros and cons of 2 year fixed rate bonds

Pros

Good option for investing a lump sum in the medium term
Have certainty on the interest rate over the 2 years
Generally higher interest rates on offer than with easy access savings accounts

Cons

Not suitable if you think you may need to access your savings before the 2 years are up
Risk that interest rates in the wider market may go up after your interest rate is locked in
High minimum deposit usually required, often about £1,000

Interest rates have shot up over the last few years, thanks to the Bank of England raising the base rate, and that means you have lots of options when it comes to fixed-rate savings accounts. Before you open one, always check things like the minimum amount you need to deposit to open the account and also any penalties if you decide to close it within the 2 years. This will normally be a loss of interest or closure of the account but the terms differ depending on the account and the provider.”

– Rebecca Goodman, financial journalist

Bottom line

As with any other type of savings account, locking money away into a 2-year fixed bond comes with advantages and disadvantages. But the key thing to bear in mind with a fixed-rate bond of any term up to 5 years is that they can offer a better return than if you had placed your money in an easy access savings account over the same period.

So, if you have at least £500 – £1,000 in spare cash and want to save for a medium term goal, you may want to look at placing it in a 2 year fixed rate bond. Just be confident that you won’t need access to that money in the meantime, as the penalty fees for withdrawing before the end of the fixed term can be substantial.

If you’re looking at saving for a much longer time horizon, say for 10 years or more, you’re more likely to get a better return on your money by investing it. To find out more about how to choose what kind of investments may suit you, take a look at our investments guide.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.

Thank you for your feedback!

To make sure you get accurate and helpful information, this guide has been reviewed by Rebecca Goodman, a member of Finder's Editorial Review Board.

Written by

Michelle Stevens

Deputy editor

Michelle Stevens is a deputy editor at Finder, specialising in banking, credit, loans and mortgages. She has a journalism degree from the University of Sheffield and has been a journalist for 15 years, writing on topics including fintech, payment systems and retail. In her spare time, Michelle likes to travel, explore new foodie experiences and attempt to improve her own culinary skills. See full bio

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Michelle has written 106 Finder guides across topics including:

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Best 2 year fixed rate bonds

Discover all you need to know about 2 year fixed rate bonds and compare accounts with interest rates up to 4.43% AER.

Is my money safe?

Compare 2 year fixed rate bonds

What are 2 year fixed rate bonds?

What are the available types of 2 year fixed rate bonds?

How to choose the best 2 year fixed rate bond

How much money do you need to open a 2-year fixed rate bond?

Is your money safe in a 2-year fixed rate bond?

What happens at the end of the 2 years?

Which are the best 2-year fixed-rate bonds at the moment?

An overview of our 2-year fixed-rate bond comparison

Pros and cons of 2 year fixed rate bonds

Pros

Cons

Bottom line

Frequently asked questions

Michelle Stevens

More guides on Finder

Best 2 year fixed rate bonds

Discover all you need to know about 2 year fixed rate bonds and compare accounts with interest rates up to 4.43% AER.

Is my money safe?

Compare 2 year fixed rate bonds

What are 2 year fixed rate bonds?

What are the available types of 2 year fixed rate bonds?

How to choose the best 2 year fixed rate bond

How much money do you need to open a 2-year fixed rate bond?

Is your money safe in a 2-year fixed rate bond?

What happens at the end of the 2 years?

Which are the best 2-year fixed-rate bonds at the moment?

An overview of our 2-year fixed-rate bond comparison

Pros and cons of 2 year fixed rate bonds

Pros

Cons

Bottom line

Frequently asked questions

Can I move my savings between fixed rate bond providers like I can with a Cash ISA?

What's the maximum amount of money I put into a 2 year fixed rate bond

Do I need to pay taxes on the interest I earn?

How many fixed rate bonds can I open?

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Michelle Stevens

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