Compare 5 year fixed rate bonds

Compare 5 year fixed rate bonds that could offer steady growth on your savings by guaranteeing the same interest rate for five years.

  • Compare 5 year fixed rate bonds from leading providers
  • FSCS protection up to £85,000
  • Our service is simple, reliable and is at no charge

Compare five year fixed rate bonds from leading providers

Looking through a range of options gives you more chance of securing a great deal. You'll only find results from genuine companies. Our data experts check each company before we add them to our comparisons.

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Leeds-building-society-five-year-fixed-rate-bonds
raisin-five-year-fixed-rate-bonds
rci-bank-five-year-fixed-rate-bonds
skipton-building-society-five-year-fixed-rate-bonds

How to compare 5 year fixed rate bonds

1

Make a savings plan

Decide how much you would be happy to lock away for five years.


2

Compare your options

Compare deals to see which provider offers the best five year fixed rate bond for you. The highest rate might catch your eye, be sure to check the conditions of the deal.

3

Apply and save

Fill out an application by providing your name and contact details.

5 year fixed rate bond deals

5 results found, sorted by affiliated products. How we order our comparisons. Commission earned affects the table's sort order.
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Skipton 5 Year e-Bond Issue 182
Account type
Fixed rate bond
Open with
£500
Interest rate
2.1% AER fixed
Protection scheme
FSCS
Skipton 5 Year e-Bond Issue 182
Interest is paid on the anniversary of account opening and on maturity. Withdrawals not allowed. Check restrictions on paying in.
No withdrawal or closure permitted during the term of the account.
Rate Tiers
Gross rateGross rateAER rateAER rate
Excluding bonusIncluding bonusExcluding bonusIncluding bonus
£5002.1%2.1%2.1%2.1%
Eligibility
Maximum Initial Deposit£1,000,000
Minimum Initial Deposit£500
Minimum Age16 years
Permanent UK Resident
MoneyComms Savings Provider of the Year 2021
Aldermore 5 Year Fixed Rate Bond
Account type
Fixed rate bond
Open with
£1,000
Interest rate
2.25% AER fixed
Protection scheme
FSCS
Aldermore 5 Year Fixed Rate Bond
No withdrawals or closure permitted during the term of the account.
Rate Tiers
Gross rateGross rateAER rateAER rate
Excluding bonusIncluding bonusExcluding bonusIncluding bonus
£1,0002.25%2.25%2.25%2.25%
Eligibility
Maximum Initial Deposit£1,000,000
Minimum Initial Deposit£1,000
Minimum Age18 years
Permanent UK Resident
£25 bonus offer. Claim via email, terms apply
Raisin UK UBL UK - 5 Year Fixed Term Deposit
Account type
Fixed rate bond
Open with
£2,000
Interest rate
2.3% AER fixed
Protection scheme
FSCS
Raisin UK UBL UK  - 5 Year Fixed Term Deposit
£25 bonus when you deposit £10,000 or more into your first savings account with Raisin UK. Term length must be min 6 months, or for an easy access account your balance must remain at or above £10,000 for the first 6 months. Withdrawal conditions apply.
No withdrawals or closure permitted during the term of the account.
Rate Tiers
Gross rateGross rateAER rateAER rate
Excluding bonusIncluding bonusExcluding bonusIncluding bonus
£2,0002.3%2.3%2.3%2.3%
Eligibility
Maximum Initial Deposit£85,000
Minimum Initial Deposit£2,000
Minimum Age18 years
Permanent UK Resident

How do fixed rate bonds work?

Five year fixed rate bonds tie your money up for five years from the date you open the account, and can't be accessed until the maturity date.

For example, if you open a 5 year fixed term bond on 30th March 2022, you will have to wait until 30th March 2027 before you can access your money again.

Most fixed rate bonds will charge you an interest penalty if you try to withdraw your money, and you will be expected to close the whole bond down.

There are also limited issue bonds that have a set maturity date regardless of when you open the account.

Man working on laptop

How to get the best 5 year fixed rate bonds

Start by comparing as many accounts as possible by following these three tips:

  • Look for the best interest rate: The higher the rate the more interest you will earn

  • Check the withdrawal rules: Some fixed rate bonds charge you for withdrawing early, or restrict your access completely, so check the terms and conditions before opening

  • Make sure the account you choose is protected: Most companies protect your funds up to £85,000 under the Financial Services Compensation Scheme (FSCS) or have their own compensation schemes to cover you

If you're happy to leave your money untouched for at least five years then you could speak to an independent financial advisor to discuss all your long term savings options.

How much money do you need to open a 5 year fixed rate bond?

You can open five year fixed rate bonds for as little as £10, but most require you to deposit a much larger amount to get started. Our comparison table above shows you how much you need to open each fixed rate bond.

Some bonds let you add more money for a set time, like 14 or 20 days after you open it, but others only allow one opening deposit, so if you want the flexibility to add more funds over time, a fixed bond may not be the best option for you.

Five year fixed rate bond FAQs

About our 5 year fixed rate bonds comparison

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Last updated: 17 February, 2022