{"id":467720,"date":"2022-10-26T14:40:07","date_gmt":"2022-10-26T13:40:07","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=467720"},"modified":"2025-09-24T14:03:34","modified_gmt":"2025-09-24T13:03:34","slug":"no-access-savings-accounts","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts","title":{"rendered":"No access savings accounts"},"content":{"rendered":"<p>Do you find it hard to save money? Are you forever dipping into your savings pot? If your savings are too accessible, it can be hard to resist the temptation to use them. However, there are savings accounts available which can lock your money away for a set period of time. Not only can they help you reach your financial goals, but they tend to offer higher rates.<\/p><div class=\"keyTakeaways\">\n  <div class=\"keyTakeaways__header\">\n          <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"32\" height=\"21\" viewbox=\"0 0 314.16 201.03\" fill=\"none\">\n  <path d=\"M212.32,190.62c-19.66,0-38.8-6.44-54.42-18.24-15.63,11.79-34.77,18.24-54.42,18.24-49.84,0-90.39-40.55-90.39-90.39V9.83h199.24c49.84,0,90.39,40.55,90.39,90.39s-40.55,90.39-90.39,90.39Z\" fill=\"white\"><\/path>\n  <path d=\"M212.32,15.9c46.57,0,84.33,37.75,84.33,84.33h0c0,46.57-37.75,84.33-84.33,84.33h0c-20.75,0-39.74-7.51-54.42-19.94-14.69,12.43-33.68,19.94-54.42,19.94h0c-46.57,0-84.33-37.75-84.33-84.33V15.9h193.18M212.32,3.76H7.01v96.46c0,53.19,43.27,96.46,96.46,96.46,19.47,0,38.46-5.92,54.43-16.84,15.96,10.91,34.95,16.84,54.42,16.84,53.19,0,96.46-43.27,96.46-96.46S265.51,3.76,212.32,3.76h0Z\" fill=\"#232320\"><\/path>\n  <path d=\"M216.34,90.21c.19-1.69,1.76-2.87,3.43-2.6,11.91,1.94,22.41-7.31,20.93-20.1-.45-3.93-2.28-6.56-4.43-9.31-1.05-1.35-.74-3.34.71-4.26,15.6-9.82,31.64-1.91,40.78,13.29,11.21,18.64,11.54,47.15.53,65.94-15.41,26.3-42.91,23.48-56.04-3.04-6.09-12.29-7.47-26.4-5.92-39.93Z\" fill=\"#232320\"><\/path>\n  <path d=\"M105.92,90.21c.19-1.69,1.76-2.87,3.43-2.6,11.91,1.94,22.41-7.31,20.93-20.1-.45-3.93-2.28-6.56-4.43-9.31-1.05-1.35-.74-3.34.71-4.26,15.6-9.82,31.64-1.91,40.78,13.29,11.21,18.64,11.54,47.15.53,65.94-15.41,26.3-42.91,23.48-56.04-3.04-6.09-12.29-7.47-26.4-5.92-39.93Z\" fill=\"#232320\"><\/path>\n<\/svg>        <h3 data-toc=\"false\">Key takeaways<\/h3>\n  <\/div>\n\n    <ul>\n          <li>The main types of fixed rate savings accounts are fixed rate bonds and notice accounts.<\/li>\n          <li>Before you choose an account, make sure you know how long your money is going to be locked up for.<\/li>\n          <li>You can compare <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\">fixed rate bonds<\/a> and <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/notice-savings-accounts\">notice accounts<\/a> in our guides.<\/li>\n      <\/ul>\n\n  \n  <\/div>\n<h3>What are locked savings accounts?<\/h3><p>A locked savings account does what it says on the tin. It\u2019s a type of savings account where you won\u2019t be able to access your money during the term of the account. Essentially your money is \u201clocked\u201d away, meaning you won\u2019t be able to dip into it whenever you feel like it. <\/p><p>There are different types of locked savings accounts which we will cover in a moment. The main similarity between all locked savings accounts is that you won\u2019t be able to access your money for a specified amount of time. Typically, you will also earn a fixed rate of interest over that same period. <\/p><p>They can be a good way to ensure your savings balance grows over time. Just keep in mind that you will need to pick a term that suits your financial situation and saving goals. <\/p><h3>The different types of locked savings accounts<\/h3><p>The key characteristic of a locked savings account is that you cannot access your money during the term of the account. <\/p><h4>Fixed rate bonds<\/h4><p>One of the most common types of locked savings accounts are fixed rate bonds. These really do withold access to your savings, so you have to be absolutely sure you\u2019re willing to leave the funds for the duration. <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-isas\">Fixed-rate ISAs<\/a> allow early withdrawals, but may charge a penalty. Here are some of the important things to know about <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\">fixed rate bonds<\/a>. <\/p><ul><li><strong>Terms.<\/strong> They have different term lengths which can be anything from <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\/6-month-fixed-rate-bonds\">6 months<\/a> to <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\/best-5-year-fixed-rate-bonds\">5 years<\/a>.<\/li><li><strong>Fixed rate.<\/strong> You will receive a fixed rate for the period your money is locked away for in the bond.<\/li><li><strong>Minimum deposit.<\/strong> They often require a minimum deposit, so check this works for your finances.<\/li><li><strong>Top-ups.<\/strong> Typically you can\u2019t make any deposits during the term of the bond, but sometimes you have the flexibility to make additional top-ups in the first few weeks.<\/li><li><strong>Interest.<\/strong> Different bonds pay interest at different times, so check whether it will be when the bond matures or if it is <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\/monthly-interest-fixed-rate-bonds\">monthly<\/a> or annually.<\/li><li><strong>Withdrawals.<\/strong> You cannot access your money until your bond has matured.<\/li><\/ul><div class=\"u-grid u-grid--alignMiddle u-grid--gutterSmall has-margin-bottom-large\">\r\n<style>.ukfin-product-nav-item-link { text-decoration: none !important; } .ukfin-product-nav-item article { background-color: #ebf3fc; border-radius: 22px; } .ukfin-product-nav-item-name { color: #0271e1; line-height: 44px; font-weight: 600; font-size: 18px; white-space: nowrap; } .ukfin-product-nav-item-name span { font-weight: normal; color: #242a2f; font-size: 14px; } .ukfin-product-nav-item-arrow { fill: #0271e1; }<\/style>\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/6-month-fixed-rate-bonds\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">6-month fixed-rate bonds<span class=\"has-padding-left-xsmall\">Up to 0%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/best-1-year-fixed-rate-bonds\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">1-year fixed-rate bonds<span class=\"has-padding-left-xsmall\">Up to 4.75%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/18-month-fixed-rate-bonds\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">18-month fixed-rate bonds<span class=\"has-padding-left-xsmall\">Up to 4.7%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/best-2-year-fixed-rate-bonds\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">2-year fixed-rate bonds<span class=\"has-padding-left-xsmall\">Up to 4.7%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/best-3-year-fixed-rate-bonds\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">3-year fixed-rate bonds<span class=\"has-padding-left-xsmall\">Up to 4.71%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/best-5-year-fixed-rate-bonds\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">5-year fixed-rate bonds<span class=\"has-padding-left-xsmall\">Up to 4.72%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n<\/div><h4>Notice accounts<\/h4><p><a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/notice-savings-accounts\">Notice accounts<\/a> don\u2019t technically lock your savings away, but they are worth mentioning because they limit your access to your money. Instead of being able to withdraw your money whenever you want, you have to give adequate notice to your bank. Here\u2019s what you need to know about notice accounts: <\/p><ul><li><strong>Withdrawals.<\/strong> There are restrictions around how you can access your money. These can sometimes be how many withdrawals you can make in a year. Or it will be that you need to give 30, 60 or 90 days\u2019 notice to your provider before accessing your money.<\/li><li><strong>Deposits.<\/strong> You can make deposits into the account whenever you like.<\/li><li><strong>Interest.<\/strong> Rates tend to stand somewhere between those for easy access accounts and fixed rate bonds. It can be paid monthly or annually, into the account itself or into a current account.<\/li><\/ul><div class=\"u-grid u-grid--alignMiddle u-grid--gutterSmall has-margin-bottom-large\">\r\n<style>.ukfin-product-nav-item-link { text-decoration: none !important; } .ukfin-product-nav-item article { background-color: #ebf3fc; border-radius: 22px; } .ukfin-product-nav-item-name { color: #0271e1; line-height: 44px; font-weight: 600; font-size: 18px; white-space: nowrap; } .ukfin-product-nav-item-name span { font-weight: normal; color: #242a2f; font-size: 14px; } .ukfin-product-nav-item-arrow { fill: #0271e1; }<\/style>\r\n\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/notice-savings-accounts?filters_preset=781d0471766948fa9446580cafc2d90d9af7ca5e2638ceb8e568aada74802d41\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">Up to 30 Days<span class=\"has-padding-left-xsmall\">Up to 4%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/notice-savings-accounts?filters_preset=9b0dbb28e84c2654228e98b21136a96a313e8212c64ae7ecf75c60b1517be32f\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">Up to 60 Days<span class=\"has-padding-left-xsmall\">Up to 4%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n    <div class=\"u-grid__col u-1\/2@s has-margin-bottom-xxsmall ukfin-product-nav-item\">\r\n        <a class=\"ukfin-product-nav-item-link\" href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/notice-savings-accounts?filters_preset=c4b5b4bd45ecad1f767acd1231fe26ad508d113fcf548c9587f3f7677f3ecf07\">\r\n            <article class=\"luna-card no-margin-bottom\">\r\n                <div class=\"has-padding-left-small has-padding-right-small\">\r\n                    <div class=\"u-grid u-grid--alignMiddle u-grid--gutterCollapse\">\r\n                        <div class=\"u-grid__col u-11\/12\">\r\n                            <div class=\"ukfin-product-nav-item-name no-margin-bottom\">Up to 90 Days<span class=\"has-padding-left-xsmall\">Up to 4%<\/span><\/div>\r\n                        <\/div>\r\n                        <div class=\"u-grid__col u-1\/12\">\r\n                            <svg class=\"luna-icon luna-icon--secondary has-margin-left-xsmall ukfin-product-nav-item-arrow\" aria-hidden=\"true\"><use xlink:href=\"#chevron-right\"><\/use><\/svg>\r\n                        <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/article>\r\n        <\/a>\r\n    <\/div>\r\n<\/div><div class=\"newsletter-wrapper\"><\/div>\n<div class=\"newsletter-signup sticky-mode theme-green\" data-accountcreateflow=\"newsletter\" data-displaydelay=\"0\" data-showformembers=\"1\">\n    <div class=\"signup-grid\">\n                                <div class=\"signup-image\">\n                <img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png\" alt=\"newsletter-image\" class=\"signup-image-img\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\">\n            <\/div>\n                        <div class=\"signup-content\">\n                <div class=\"signup-content-left\">\n                    <h2 class=\"signup-header\">Be first to know about new deals<\/h2>\n                                        <p class=\"signup-text\">Sign up to receive the latest deals, tips and a chance to <strong>win \u00a3400!<\/strong> (T&amp;Cs)\n                                            <\/p>\n                                    <\/div>\n                <div class=\"signup-content-right\">\n                    <div class=\"form\">\n                        <div class=\"email-group \">\n                            <label for=\"email-default\" class=\"sr-only\">Email address:<\/label>\n                            <input class=\"email-input\" id=\"email-default\" type=\"email\" placeholder=\"Enter your email\" name=\"email\" data-prefill=\"me.notes.createAccountEmail\">\n                            <button class=\"email-btn\">\n                                <span class=\"btn-text\">Sign up<\/span>\n                                <span class=\"loading-spinner\"><\/span>\n                            <\/button>\n                        <\/div>\n                        <p class=\"error-msg\"><span class=\"error-msg-text\">Error placeholder<\/span> <span class=\"error-msg-sign-in\"> Click <a class=\"error-msg-sign-in-link\" href=\"https:\/\/www.finder.com\/uk\/user-profile\/sign-in?returnTo=https%3A%2F%2Fwww.finder.com%2Fuk%2Fuk%2Fwp-json%2Fwp%2Fv2%2Fposts%2F467720\">here<\/a> to sign in<\/span><\/p>\n                    <\/div>\n                    <div class=\"links\">\n                                                    <a href=\"https:\/\/finder.com\/uk\/about-us\/competition-winners\">Winners<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/about-us\/example-email#savings\">Emails<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/communication-preferences\">Unsubscribe<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/privacy-policy\">Privacy<\/a>                                             <\/div>\n                <\/div>\n            <\/div>\n                <div class=\"hide-btn\">\n            Hide\n            <svg class=\"luna-icon luna-icon--xsmall has-margin-top-xxsmall\">\n                <use xlink:href=\"#chevron-down\"><\/use>\n            <\/svg>\n        <\/div>\n    <\/div>\n<\/div>\n\n<h3>Who are locked savings accounts for?<\/h3><p>Locked savings accounts are best suited to savers who can afford to lock away a <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum\">lump sum of money for a period of time<\/a>. If you struggle with leaving your savings pot alone, then they can also be a good option to remove the temptation to dip into your account. <\/p><p>But it is important that you pick the right term length for your situation and that you only lock away what you can afford to. As the name suggests, once that money has been deposited, you won\u2019t be able to access it until the account matures. <\/p><h3>How to open a locked savings account<\/h3><p>Once you have compared locked savings accounts and decided which one you want to go for, opening an account is relatively simple. <\/p><ol><li><a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\">Compare a range of savings accounts<\/a> and find the best account for you.<\/li><li>Head to the bank\/savings provider\u2019s website.<\/li><li>Find the locked savings account you want to open.<\/li><li>Confirm you are happy with the details and the rate.<\/li><li>Enter the amount you want to open the account with.<\/li><li>Verify your identity, remember each bank will have its own specific requirements.<\/li><li>Provide final confirmation you want to open the account.<\/li><li>Transfer your deposit to your new no access savings account.<\/li><\/ol><h3>Bottom line<\/h3><p>No access savings accounts provide a place to put a lump sum of money that is out of sight (but not necessarily out of mind). They work if you have been saving for something big and need somewhere to put the money for a bit of time, if you are looking for a guaranteed rate, or if you just know you are bad at dipping into your savings. <\/p><p>It\u2019s important that you only lock away what you can afford to, as there will be no accessing your money before maturity once it\u2019s been deposited. Also, make sure you consider how long you want to lock your savings away for, and pick a term that suits your personal circumstances. <\/p><p>Overall, locked savings accounts can be a low-risk way of achieving guaranteed savings growth. <\/p><h3>Frequently asked questions<\/h3><ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000000\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000000\">\n                <span class=\"luna-accordion__title\">Is there a savings account you can't touch?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000000\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Yes. Fixed rate bonds typically won't allow you to touch your money until the bond matures. <\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000001\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000001\">\n                <span class=\"luna-accordion__title\">How do I put a lock on my savings account?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000001\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>If you want to lock your savings away you can open an account like a fixed rate bond, where you won't be able to access your funds until the end of the bond's term. You can't normally just put a lock on an existing savings account, but some digital banks do offer features that allow you to lock or hide (and unlock or unhide) your accounts. Monzo, for example, offers this, but the accounts are still only locked as long as the account holder allows, so might not be the best option for someone who struggles with dipping into their own savings accounts.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>\n<style type=\"text\/css\">\n    .survey-response {\n        overflow-x: auto;\n        max-width: 800px;\n    }\n\n    .survey-response .luna-table th,\n    .survey-response .luna-table td {\n        padding: 0.3rem 1rem calc(0.20rem + 1px);\n        font-size: 12px;\n        color: rgb(117, 117, 117);\n        text-align: left;\n    }\n\n    .survey-response .luna-table {\n        border: none;\n    }\n\n    .survey-response .row-color-icon {\n        width: 10px;\n        height: 10px;\n        display: inline-block;\n        margin-right: 4px;\n        border-radius: 2px;\n    }\n\n    .survey-response .source-container {\n        top: -12px !important;\n        position: relative;\n    }\n\n    .survey-response .source {\n        color: rgb(108, 120, 129);\n        font-size: 11px;\n    }\n\n    .survey-response .source-link {\n        color: rgb(2, 113, 225);\n        font-size: 11px;\n        text-decoration: underline;\n    }\n\n    @media (min-width: 600px) {\n        .survey-response .border-fix {\n            border-radius: 12px;\n            border: 1px solid var(--light-divider-normal, #E5E7EB);\n            background: var(--light-background-main, #FFF);\n            padding: 0px\n        }\n    }\n\n    .survey-response .chart-container {\n        min-height: 250px;\n        border-radius: 12px;\n        border: 1px solid var(--light-divider-normal, #E5E7EB);\n        background: var(--light-background-main, #FFF);\n        padding: 15px;\n    }\n\n    .google-visualization-tooltip {\n        pointer-events: none;\n    }\n\n    @media screen and (min-width: 960px) {\n        .survey-response.u-grid {\n            margin-left: auto;\n            display: flex;\n            justify-content: space-between;\n            margin-right: auto;\n        }\n\n        .u-grid__col.chart-container {\n            margin-left: 0 !important;\n            margin-right: 0 !important;\n        }\n    }\n\n    .survey-response .table-container {\n        overflow-x: auto;\n        max-width: 800px;\n        display: block;\n    }\n\n    @media screen and (max-width: 959px) {\n        .survey-response .table-container {\n            display: block;\n        }\n\n        .source-container {\n            margin-left: 2rem;\n            margin-right: 2rem;\n        }\n    }\n\n<\/style><h4>Who is most likely to be researching no access savings accounts?<\/h4><p>Finder data suggests that men aged 25-34 are most likely to be researching this topic.<\/p><div id=\"scale-surveys-10024-106\" class=\"survey-response u-grid u-grid--gutterLarge\"><div id=\"view-who-is-most-likely-to-be-researching-no-access-savings-accounts\" class=\"u-grid__col u-1\/2@s u-1\/1 aligncenter size-full chart-container\" style=\"max-width: 330px;\"><\/div><script type=\"text\/javascript\">\n\t\t\t\t(function() {\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tvar packageToLoad = 'bar';\n\t\t\t\t\tvar eventName = 'GoogleChartsLoaded-' + packageToLoad;\n\t\t\t\t\tvar event = new Event(eventName);\n\t\t\t\t\n\t\t\t\t\tdocument.addEventListener(eventName, function() {\n\t\t\t\t\tconsole.log('called event!', eventName);\n\t\t\t\t\n\t\t\t\t\tfunction drawChart() {\n\t\t\t\t\t\tvar chartType = 'bar';\n\t\t\t\t\t\t\t\t\t\t\t\t \n\t\t\t\t\t\tvar data = google.visualization.arrayToDataTable([\n\t\t\t\t\t\t\t[' ', 'Male (%)', 'Female (%)', ],\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t['65+', 1.97, 1.90, ],\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t['55-64', 4.29, 3.61, ],\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t['45-54', 6.94, 5.65, ],\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t['35-44', 13.06, 9.12, ],\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t['25-34', 16.87, 14.69, ],\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t['18-24', 13.40, 8.50, ],\n\t\t\t\t\t\t\t\t\t\t\t\t\t]);\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\tvar options = {\n\t\t\t\t\t\t\tlegend: { \n\t\t\t\t\t\t\t\tposition: 'none'\n\t\t\t\t\t\t\t},\n\t\t\t\t\t\t\tcolors: ['#1a69e8', '#3178ea', '#4887ed', '#5f96ef', '#76a5f1', '#8db4f4', '#a3c3f6', '#bad2f8', '#1a69e8', '#3178ea', '#4887ed', '#5f96ef', '#76a5f1', '#8db4f4', '#a3c3f6', '#bad2f8']\n\t\t\t\t\t\t};\n\t\t\t\t\n\t\t\t\t\t\tvar chart;\n\t\t\t\t\t\t\t\t\t\t\t\tchart = new google.charts.Bar(document.getElementById('view-who-is-most-likely-to-be-researching-no-access-savings-accounts'));\n\t\t\t\t\t\t\/\/ Bar chart specific options can go here\n\t\t\t\t\t\toptions.bars = 'vertical';\n\t\t\t\t\t\toptions.hAxis = {\n\t\t\t\t\t\t\tviewWindowMode: 'maximize',\n\t\t\t\t\t\t\tformat: '#,###\\'%\\'',\n\t\t\t\t\t\t\ttitle: ''\n\t\t\t\t\t\t};\n\t\t\t\t\t\toptions.vAxis = {\n\t\t\t\t\t\t\tformat: '#,###\\'%\\'',\n\t\t\t\t\t\t};\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\tchart.draw(data, (chartType == 'pie') ? options : google.charts.Bar.convertOptions(options));\n\t\t\t\t\t}\n\t\t\t\t\t\tdrawChart();\n\t\t\t\t\t});\n\t\t\t\t\n\t\t\t\t\tfunction init() {\n\t\t\t\t\t\tconsole.log('calling init', eventName);\n\t\t\t\t\t\tif (typeof google !== 'undefined' && google.charts) {\n\t\t\t\t\t\t\tconsole.log('found charts', google, packageToLoad);\n\t\t\t\t\t\t\tgoogle.charts.load('current', {'packages':[packageToLoad]});\n\t\t\t\t\t\t\tgoogle.charts.setOnLoadCallback(function() {\n\t\t\t\t\t\t\t\tdocument.dispatchEvent(event);\n\t\t\t\t\t\t\t});\n\t\t\t\t\t\t} else {\n\t\t\t\t\t\t\tconsole.log('retrying');\n\t\t\t\t\t\t\tsetTimeout(init, 100);\n\t\t\t\t\t\t}\n\t\t\t\t\t}\n\t\t\t\t\tinit();\n\t\t\t\t})()\n\t\t\t<\/script><div class=\"u-grid__col u-1\/2@s  u-1\/1 aligncenter size-full border-fix table-container\"><table class=\"luna-table js-tablesorter tablesorter tablesorter-default\" role=\"grid\"><thead class=\"luna-table__header\"><tr><th>Response<\/th><th>Male (%)<\/th><th>Female (%)<\/th><\/tr><\/thead><tbody class=\"luna-table__body\" aria-live=\"polite\" aria-relevant=\"all\"><tr><td><span class=\"row-color-icon\" style=\"background-color: #1a69e8;\"><\/span>65+<\/td><td>1.97%<\/td><td>1.90%<\/td><\/tr><tr><td><span class=\"row-color-icon\" style=\"background-color: #3178ea;\"><\/span>55-64<\/td><td>4.29%<\/td><td>3.61%<\/td><\/tr><tr><td><span class=\"row-color-icon\" style=\"background-color: #4887ed;\"><\/span>45-54<\/td><td>6.94%<\/td><td>5.65%<\/td><\/tr><tr><td><span class=\"row-color-icon\" style=\"background-color: #5f96ef;\"><\/span>35-44<\/td><td>13.06%<\/td><td>9.12%<\/td><\/tr><tr><td><span class=\"row-color-icon\" style=\"background-color: #76a5f1;\"><\/span>25-34<\/td><td>16.87%<\/td><td>14.69%<\/td><\/tr><tr><td><span class=\"row-color-icon\" style=\"background-color: #8db4f4;\"><\/span>18-24<\/td><td>13.40%<\/td><td>8.50%<\/td><\/tr><\/tbody><\/table><\/div><div class=\"source-container\"><span class=\"source\">Source: Finder sample of 1,470 visitors using demographics data from Google Analytics    \t\t<\/span><\/div><\/div><article class=\"luna-card luna-card--alt\"><div class=\"luna-card__block has-padding-small\">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 <a href=\"https:\/\/www.finder.com\/uk\/terms-of-use\" class=\"fin-text-navy\">terms of use<\/a>. 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.<\/div><\/article>","protected":false},"excerpt":{"rendered":"<p>A no access saving savings account can keep your money locked away and give you guaranteed savings growth.<\/p>\n","protected":false},"author":1329,"featured_media":467727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[1181],"tags":[],"asset_tag":[],"class_list":["post-467720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-savings-accounts"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Locked savings accounts: What types are there? | Finder UK<\/title>\n<meta name=\"description\" content=\"A no access savings account can keep your money locked away and give you guaranteed savings growth. We look at different types, who they are suited to and what you need to know.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No access savings accounts\" \/>\n<meta property=\"og:description\" content=\"A no access savings account can keep your money locked away and give you guaranteed savings growth. We look at different types, who they are suited to and what you need to know.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts\" \/>\n<meta property=\"og:site_name\" content=\"Finder UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/findercomuk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-26T13:40:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png\" \/>\n\t<meta property=\"og:image:width\" content=\"250\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kate Steere\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/KateSteere_UK\" \/>\n<meta name=\"twitter:site\" content=\"@findercomUK\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kate Steere\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts\"},\"author\":{\"name\":\"Kate Steere\",\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/person\/1fe38023a7ec83d898420da91201d4df\"},\"headline\":\"No access savings accounts\",\"datePublished\":\"2022-10-26T13:40:07+00:00\",\"dateModified\":\"2025-09-24T14:03:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts\"},\"wordCount\":1237,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.finder.com\/uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png\",\"articleSection\":[\"Savings accounts\"],\"inLanguage\":{\"@type\":\"Language\",\"name\":\"English\",\"alternateName\":\"en\"},\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.finder.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts\",\"url\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts\",\"name\":\"Locked savings accounts: What types are there? | Finder UK\",\"isPartOf\":{\"@id\":\"https:\/\/www.finder.com\/uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png\",\"datePublished\":\"2022-10-26T13:40:07+00:00\",\"dateModified\":\"2025-09-24T14:03:37+00:00\",\"description\":\"A no access savings account can keep your money locked away and give you guaranteed savings growth. We look at different types, who they are suited to and what you need to know.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#primaryimage\",\"url\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png\",\"contentUrl\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png\",\"width\":250,\"height\":250},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"UK\",\"item\":\"https:\/\/www.finder.com\/uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Savings accounts\",\"item\":\"https:\/\/www.finder.com\/uk\/savings-accounts\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"No access savings accounts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.finder.com\/uk\/#website\",\"url\":\"https:\/\/www.finder.com\/uk\/\",\"name\":\"Finder UK\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.finder.com\/uk\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.finder.com\/uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.finder.com\/uk\/#organization\",\"name\":\"Finder\",\"url\":\"https:\/\/www.finder.com\/uk\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/05\/Finder-Logo-696x696-1.png\",\"contentUrl\":\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/05\/Finder-Logo-696x696-1.png\",\"width\":1392,\"height\":1392,\"caption\":\"Finder\"},\"image\":{\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/findercomuk\",\"https:\/\/x.com\/findercomUK\",\"https:\/\/www.linkedin.com\/company\/finder\/\",\"https:\/\/en.wikipedia.org\/wiki\/Finder_(website)\"],\"description\":\"Every month more than 2 million unique visitors turn to Finder to save money and time, and to make important life choices. We compare everything from bank accounts, personal loans, investing platforms and much more.\",\"email\":\"heythere@finder.com\",\"legalName\":\"Finder\",\"foundingDate\":\"2006-01-01\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/person\/1fe38023a7ec83d898420da91201d4df\",\"name\":\"Kate Steere\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/2025\/11\/KateSteereF1_Finder_600x600.png\",\"contentUrl\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/2025\/11\/KateSteereF1_Finder_600x600.png\",\"caption\":\"Kate Steere\"},\"description\":\"Kate Steere is an editor and money expert at Finder, specialising in banking, savings and fintech. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends. Kate has a Bachelor of Arts in Modern History from the University of East Anglia. When not working, she can usually be found curled up with a good book or heading out for a run.\",\"sameAs\":[\"https:\/\/twitter.com\/KateSteere_UK\",\"https:\/\/www.linkedin.com\/in\/kate-steere\/\",\"https:\/\/www.fool.co.uk\/author\/kanderson\/\",\"https:\/\/muckrack.com\/kate-steere-1\",\"https:\/\/mediafeed.org\/author\/kate-steere-at-finder\/\"],\"url\":\"https:\/\/www.finder.com\/uk\/author\/katesteere\",\"jobTitle\":\"Editor\",\"knowsAbout\":[{\"@type\":\"Thing\",\"name\":\"Banking\"},{\"@type\":\"Thing\",\"name\":\"Savings\"},{\"@type\":\"Thing\",\"name\":\"Fintech\"},{\"@type\":\"Thing\",\"name\":\"Credit\"},{\"@type\":\"Thing\",\"name\":\"Payments\"}]},{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"name\":\"Frequently Asked Questions\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is there a savings account you can't touch?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"\\r\\rYes. Fixed rate bonds typically won't allow you to touch your money until the bond matures. \\r\\r\"}},{\"@type\":\"Question\",\"name\":\"How do I put a lock on my savings account?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"\\r\\rIf you want to lock your savings away you can open an account like a fixed rate bond, where you won't be able to access your funds until the end of the bond's term. You can't normally just put a lock on an existing savings account, but some digital banks do offer features that allow you to lock or hide (and unlock or unhide) your accounts. Monzo, for example, offers this, but the accounts are still only locked as long as the account holder allows, so might not be the best option for someone who struggles with dipping into their own savings accounts.\\r\\r\"}}]}]}<\/script>\n<meta property=\"article:modified_time\" content=\"2025-09-24T14:03:37+00:00\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Locked savings accounts: What types are there? | Finder UK","description":"A no access savings account can keep your money locked away and give you guaranteed savings growth. We look at different types, who they are suited to and what you need to know.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts","og_locale":"en_GB","og_type":"article","og_title":"No access savings accounts","og_description":"A no access savings account can keep your money locked away and give you guaranteed savings growth. We look at different types, who they are suited to and what you need to know.","og_url":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts","og_site_name":"Finder UK","article_publisher":"https:\/\/www.facebook.com\/findercomuk","article_published_time":"2022-10-26T13:40:07+00:00","og_image":[{"width":250,"height":250,"url":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png","type":"image\/png"}],"author":"Kate Steere","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/KateSteere_UK","twitter_site":"@findercomUK","twitter_misc":{"Written by":"Kate Steere","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#article","isPartOf":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts"},"author":{"name":"Kate Steere","@id":"https:\/\/www.finder.com\/uk\/#\/schema\/person\/1fe38023a7ec83d898420da91201d4df"},"headline":"No access savings accounts","datePublished":"2022-10-26T13:40:07+00:00","dateModified":"2025-09-24T14:03:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts"},"wordCount":1237,"commentCount":0,"publisher":{"@id":"https:\/\/www.finder.com\/uk\/#organization"},"image":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#primaryimage"},"thumbnailUrl":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png","articleSection":["Savings accounts"],"inLanguage":{"@type":"Language","name":"English","alternateName":"en"},"potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/www.finder.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts","url":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts","name":"Locked savings accounts: What types are there? | Finder UK","isPartOf":{"@id":"https:\/\/www.finder.com\/uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#primaryimage"},"image":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#primaryimage"},"thumbnailUrl":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png","datePublished":"2022-10-26T13:40:07+00:00","dateModified":"2025-09-24T14:03:37+00:00","description":"A no access savings account can keep your money locked away and give you guaranteed savings growth. We look at different types, who they are suited to and what you need to know.","breadcrumb":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#primaryimage","url":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png","contentUrl":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/10\/No-access-savings-accounts-250-%C3%97-250px.png","width":250,"height":250},{"@type":"BreadcrumbList","@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/no-access-savings-accounts#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"UK","item":"https:\/\/www.finder.com\/uk\/"},{"@type":"ListItem","position":2,"name":"Savings accounts","item":"https:\/\/www.finder.com\/uk\/savings-accounts"},{"@type":"ListItem","position":3,"name":"No access savings accounts"}]},{"@type":"WebSite","@id":"https:\/\/www.finder.com\/uk\/#website","url":"https:\/\/www.finder.com\/uk\/","name":"Finder UK","description":"","publisher":{"@id":"https:\/\/www.finder.com\/uk\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.finder.com\/uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.finder.com\/uk\/#organization","name":"Finder","url":"https:\/\/www.finder.com\/uk\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.finder.com\/uk\/#\/schema\/logo\/image\/","url":"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/05\/Finder-Logo-696x696-1.png","contentUrl":"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/05\/Finder-Logo-696x696-1.png","width":1392,"height":1392,"caption":"Finder"},"image":{"@id":"https:\/\/www.finder.com\/uk\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/findercomuk","https:\/\/x.com\/findercomUK","https:\/\/www.linkedin.com\/company\/finder\/","https:\/\/en.wikipedia.org\/wiki\/Finder_(website)"],"description":"Every month more than 2 million unique visitors turn to Finder to save money and time, and to make important life choices. We compare everything from bank accounts, personal loans, investing platforms and much more.","email":"heythere@finder.com","legalName":"Finder","foundingDate":"2006-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"}},{"@type":"Person","@id":"https:\/\/www.finder.com\/uk\/#\/schema\/person\/1fe38023a7ec83d898420da91201d4df","name":"Kate Steere","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.finder.com\/uk\/#\/schema\/person\/image\/","url":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/2025\/11\/KateSteereF1_Finder_600x600.png","contentUrl":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/2025\/11\/KateSteereF1_Finder_600x600.png","caption":"Kate Steere"},"description":"Kate Steere is an editor and money expert at Finder, specialising in banking, savings and fintech. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends. Kate has a Bachelor of Arts in Modern History from the University of East Anglia. When not working, she can usually be found curled up with a good book or heading out for a run.","sameAs":["https:\/\/twitter.com\/KateSteere_UK","https:\/\/www.linkedin.com\/in\/kate-steere\/","https:\/\/www.fool.co.uk\/author\/kanderson\/","https:\/\/muckrack.com\/kate-steere-1","https:\/\/mediafeed.org\/author\/kate-steere-at-finder\/"],"url":"https:\/\/www.finder.com\/uk\/author\/katesteere","jobTitle":"Editor","knowsAbout":[{"@type":"Thing","name":"Banking"},{"@type":"Thing","name":"Savings"},{"@type":"Thing","name":"Fintech"},{"@type":"Thing","name":"Credit"},{"@type":"Thing","name":"Payments"}]},{"@context":"https:\/\/schema.org","@type":"FAQPage","name":"Frequently Asked Questions","mainEntity":[{"@type":"Question","name":"Is there a savings account you can't touch?","acceptedAnswer":{"@type":"Answer","text":"\r\rYes. Fixed rate bonds typically won't allow you to touch your money until the bond matures. \r\r"}},{"@type":"Question","name":"How do I put a lock on my savings account?","acceptedAnswer":{"@type":"Answer","text":"\r\rIf you want to lock your savings away you can open an account like a fixed rate bond, where you won't be able to access your funds until the end of the bond's term. You can't normally just put a lock on an existing savings account, but some digital banks do offer features that allow you to lock or hide (and unlock or unhide) your accounts. Monzo, for example, offers this, but the accounts are still only locked as long as the account holder allows, so might not be the best option for someone who struggles with dipping into their own savings accounts.\r\r"}}]}]},"article_modified_time":"2025-09-24T14:03:37+00:00"},"custom_fields":{"_masthead_variant":["{\"id\":\"standard-blue\",\"showFeaturedImage\":false,\"presetId\":\"\",\"shouldUsePrimaryCTAFieldName\":false,\"shouldUseSecondaryCTAFieldName\":false,\"primaryCTA\":null,\"secondaryCTA\":null,\"widgetShortcode\":\"\",\"widgetHeading\":\"\",\"widgetStats\":\"\",\"hasPrioritizedWidget\":false,\"hasMaximizedWidget\":false,\"shouldUseOverrideCTALabel\":false,\"overrideCTA\":null,\"cleanTopPicks\":\"\",\"tilesMenuId\":\"\"}"],"_masthead_subheading":["{\"text\":\"Use a fixed rate bond or notice account to limit access to your savings.\"}"],"_content_type":["niche-content\/information\/what-is"],"custom_post_template":["single-masthead-two-column.php"]},"amp_enabled":false,"_links":{"self":[{"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/posts\/467720"}],"collection":[{"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/users\/1329"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/comments?post=467720"}],"version-history":[{"count":7,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/posts\/467720\/revisions"}],"predecessor-version":[{"id":566297,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/posts\/467720\/revisions\/566297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/media\/467727"}],"wp:attachment":[{"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/media?parent=467720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/categories?post=467720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/tags?post=467720"},{"taxonomy":"asset_tag","embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/asset_tag?post=467720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}