Fixed-rate bond calculator

Is my money safe?

The Financial Services Compensation Scheme (FSCS) guarantees that it will step in to compensate the first £120,000 you have saved with a UK-authorised bank, building society or credit union in the event that the business goes bust.

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30 of 732 results

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Rate	Invest	Deposit protection	Incentive	Return
Principality Building Society 6 Month Regular Saver Bond (Issue 4)	7.5% AER fixed for 183 days	From £1		Go to site More info Compare product selection Compare	N/A	loading
Principality Building Society Christmas 2026 Regular Saver	6.5% AER fixed for 1 year	From £1		Go to site More info Compare product selection Compare	N/A	loading
Lloyds Bank Club Lloyds Monthly Saver	6.25% AER fixed for 1 year	From £25		Go to site More info Compare product selection Compare	£3,187.50 at maturity	loading
Cambridge Building Society Extra Reward Regular Saver (Issue 2)	6% AER fixed for 1 year	From £100		Go to site More info Compare product selection Compare	£3,180 at maturity	loading
Halifax Regular Saver	5.5% AER fixed for 1 year	From £25		Go to site More info Compare product selection Compare	N/A	loading
Bank of Scotland Monthly Saver	5.5% AER fixed for 1 year	From £25		Go to site More info Compare product selection Compare	N/A	loading
Lloyds Bank Monthly Saver	5.25% AER fixed for 1 year	From £25		Go to site More info Compare product selection Compare	£3,157.50 at maturity	loading
TSB 1 Year Monthly Saver	5% AER fixed for 1 year	From £25		Go to site More info Compare product selection Compare	£3,150 at maturity	loading
Suffolk Building Society Online 1 Yr Fixed Rate Regular Saver (31.01.2027)	5% AER fixed for 1 year	From £10		More info Compare product selection Compare	£3,150 at maturity	loading
Cambridge Building Society Reward Regular Saver (Issue 3)	5% AER fixed for 1 year	From £100		Go to site More info Compare product selection Compare	£3,150 at maturity	loading
Suffolk Building Society 1 Year Fixed Rate Regular Saver (31.01.2027)	5% AER fixed for 1 year	From £10		More info Compare product selection Compare	£3,150 at maturity	loading
Principality Building Society 1 Year Regular Saver Bond Issue 36	4.85% AER fixed for 1 year	From £20		Go to site More info Compare product selection Compare	£3,145.50 at maturity	loading
Ford Money Step Up Saver	4.75% AER fixed for 1 year	From £25		Go to site More info Compare product selection Compare	N/A	loading
Prosper Santander International - 3 Mth Fixed Term Deposit	4.5% AER fixed for 91 days	From £1,000		More info Compare product selection Compare	£3,033.19 at maturity	loading
Investec Bank 1 Year Fixed Rate Saver	4.5% AER fixed for 1 year	From £5,000		Go to site More info Compare product selection Compare	N/A	loading
DF Capital 1 Year Fixed Rate Deposit (Issue 20)	4.45% AER fixed for 1 year	From £1,000		Go to site More info Compare product selection Compare	£3,133.50 at maturity	loading
Habib Bank Zurich Plc HBZ Fixed Rate e-Deposit 12 Month	4.44% AER fixed for 1 year	From £5,000		Go to site More info Compare product selection Compare	N/A	loading
Vanquis Bank Ltd 1 Year Savings Bond Monthly	4.42% AER fixed for 1 year	From £1,000		Go to site More info Compare product selection Compare	£3,132.60 at maturity	loading
Vanquis Bank Ltd 1 Year Savings Bond	4.42% AER fixed for 1 year	From £1,000		Go to site More info Compare product selection Compare	£3,132.60 at maturity	loading
Secure Trust Bank 2 Year Fixed Rate Bond (05.Jan.28)	4.42% AER fixed for 2 years	From £1,000		Go to site More info Compare product selection Compare	£3,271.06 at maturity	loading
DF Capital 2 Year Fixed Rate Deposit (Issue 17) Maturity	4.41% AER fixed for 2 years	From £1,000		Go to site More info Compare product selection Compare	£3,270.43 at maturity	loading
DF Capital 2 Year Fixed Rate Deposit (Issue 17)	4.41% AER fixed for 2 years	From £1,000		Go to site More info Compare product selection Compare	N/A	loading
GB Bank 1 Year Fixed Rate Bond	4.4% AER fixed for 1 year	From £1,000		Go to site More info Compare product selection Compare	£3,132 at maturity	loading
GB Bank 1 Year Fixed Rate Bond Monthly	4.4% AER fixed for 1 year	From £1,000		Go to site More info Compare product selection Compare	£3,132 at maturity	loading
Raisin UK Investec - 1 Year Fixed Term Deposit	4.4% AER fixed for 1 year	From £1,000		Go to site More info Compare product selection Compare	£3,132 at maturity	loading
DF Capital 18 Month Fixed Rate Deposit (Loyalty Iss 25)	4.4% AER fixed for 1.5 years	From £1,000		Go to site More info Compare product selection Compare	£3,200.16 at maturity	loading
Vanquis Bank Ltd 2 Year Savings Bond	4.38% AER fixed for 2 years	From £1,000		Go to site More info Compare product selection Compare	£3,268.56 at maturity	loading
Vanquis Bank Ltd 2 Year Savings Bond Monthly	4.38% AER fixed for 2 years	From £1,000		Go to site More info Compare product selection Compare	£3,268.56 at maturity	loading
DF Capital 6 Month Fixed Rate Deposit (Loyalty Issue 8)	4.35% AER fixed for 183 days	From £1,000		Go to site More info Compare product selection Compare	£3,064.56 at maturity	loading
Recognise Bank 1 Year Fixed Rate Account	4.35% AER fixed for 1 year	From £1,000		Go to site More info Compare product selection Compare	£3,130.50 at maturity	loading

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How we picked these

If you have a lump sum and want a risk-free home for it for a set amount of time, then a fixed-rate bond will probably appeal. This can be especially true if you don’t want to lock the money away indefinitely (and so it doesn’t make sense to invest it in stocks and shares).

Fixed-rate bonds are about cold, hard maths. As well as the rate, there are a couple of other variables which together determine the gross figure you could generate.

What factors influence the amount of interest you make from a fixed-rate bond?

• The amount you invest.
  You typically won’t able to top up your bond during the fixed term (most bonds give you a window of a couple of weeks from account opening, after which the account is effectively locked). It’s also not possible to withdraw funds from a bond before it matures (some banks may allow this but it’s likely to involve a set penalty or forfeiting interest). As such you’ll need to be fairly decided about the sum you’re willing to lock away. Since interest is calculated as a percentage of what you invest, the more you put in, the more you’ll get out.
• The interest rate.
  The “annual equivalent rate” (AER) takes into account the effect of the interest compounding to tell you what you’ll make over a year. All banks have to calculate it in the same way, so it’s a good benchmark for consumers to use. One account might boast a rate of 4%, compounded monthly, while another might boast a rate of 4.05% compounded annually. You’re actually better off with the former, but the AERs of both of them (4.07% and 4.05% respectively) can tell you this so you don’t have to get your calculator out.
• The duration of the bond.
  When you leave your money in a bond for longer, there’s more time to earn interest on interest. A 3-year bond at 4% will earn you more overall than a 2-year bond at 5%, for example. Generally speaking, the longer you’re willing to lock your money away with the bank for, the better the interest rate the bank will offer – so 5-year bonds typically have better rates than 2-year bonds, for example. This is because the bank has more time to put your money to work – hopefully generating it a greater return than it pays onwards to you. But this may not always be the case, and it’s worth looking at different terms to see what rates are on offer. If the banks believe that the economy has a positive outlook, and interest rates generally are likely to start to come down in the next few years, then they may prefer to steer customers towards shorter bonds so that they’re not stuck paying “over the odds” for years on end. Banks invest significant resources in trying to work out where the economy’s headed, and let’s be honest, they usually win.
• Whether you let the interest compound or have it “paid away” (to generate an income).
  The most lucrative option in the long run is to bag the best AER you can, and then let the interest compound in the same account. If you’re looking to generate an income instead, then many bonds can do that, but you’ll lose the opportunity to earn interest on your interest. A minority of bond issuers will stipulate that interest must be paid away to a separate account, perhaps monthly or annually. This can allow the bank to tout a higher rate, safe in the knowledge that they won’t have to compound the interest.

With our fixed bond calculator, we’ve aimed to reveal the effects of each of these factors. We use “live” product data (updated daily) and scour the whole market. Don’t forget that your interest may be taxable and that there are alternatives to fixed-rate bonds (you may get a better return through investing in equities for example).

To make sure you get accurate and helpful information, this guide has been edited by Jason Loewenthal as part of our fact-checking process.

Written by

Chris Lilly

Head of publishing

Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

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