Best Fixed Rate Savings
We’ve compared the top savings accounts for 2021. Find the best easy access, cash ISAs, fixed rate savers and regular savers all in one place. Yet when it comes to standard easy-access savings, which likely suits more people, Marcus, Nationwide and Tandem pay the top rate of 0.5%. Our top pick here is Marcus as it's a simple online account with unlimited withdrawals (Nationwide limits you to three penalty-free withdrawals a year and with Tandem you need to use an app to access it).
Guide to fixed-rate bonds
Banks and building societies want you to invest your cash in their savings accounts, which is why they pay you interest.
But with a normal, easy-access account the bank or building society doesn't have any security - you can withdraw your money whenever you like.
That's why they're happy to pay a little bit more to savers using fixed-rate bonds.
These are accounts where you agree in advance not to touch your cash for a set time, typically between six months and five years.
In return for your money for a guaranteed time, the account provider guarantees you a fixed rate of interest.
That means that, whether rates fall or rise elsewhere, you'll continue to get the amount you agreed.
Which? Money Compare is a trading name of Which? Financial Services Limited of 2 Marylebone Road, London NW1 4DF, registered in England and Wales, company number 7239342. Which? Financial Services Limited is a wholly-owned subsidiary of Which? Limited and part of the Which? Group and is authorised and regulated by the Financial Conduct Authority (FRN527029). Which? Money Compare content is hosted by Which? Limited on behalf of Which? Financial Services Limited.
All pages and content are the sole responsibility of Which? Financial Services Limited. Which? Limited is registered in England and Wales to 2 Marylebone Road, London NW1 4DF, company number 00677665, and is an Introducer Appointed Representative of Which? Financial Services Limited. We don’t carry advertising and we don’t allow providers to pay to optimise their search results.
The data for our service is provided by Runpath Digital, which has selected lovemoney.com financial services limited, registered in England & Wales to White Collar Factory, 1 Old Street Yard, London EC1Y 8AF, company number 07406032, and which is authorised and regulated by the Financial Conduct Authority (FRN 479153), as its service provider. Runpath Digital and lovemoney.com financial services limited are not members of the Which? Group of which we are part. We cannot guarantee that products listed will be available or available on the terms specified. Please check availability and terms direct with the relevant product provider.
Best Fixed Rate Savings In Uk
The Which? Customer Score is based on research carried out by the Which? Money editorial team and reflects the quality of service Which? members we’ve surveyed have told us they received you can expect to get from the provider you choose. Runpath has no influence on these ratings. Runpath receives a commission from some of the brokers and providers listed on the Which? Money Compare Site. A proportion of this commission is then repaid to Which? Financial Services Limited. Income we generate from our commercial activities helps the Which? Group to be independent and impartial in how it helps consumers make informed decisions, raise awareness of consumer needs and drive positive change.
Best Fixed Rate Savings Bond
If you do wish to complain about Money Compare, please see the full details of how to register a complaint here.