Best 1 Year Fixed Rate Bond Rates this August 2026 in the UK

What sets Atom Bank apart is its competitive AER of 4.80% for a minimum deposit of just £50, making it an attractive option for those looking to start saving with a smaller amount.

The AER for Atom Bank's fixed rate bonds varies depending on the term and amount deposited. Please check the Atom Bank website for the most current rates.

Atom Bank offers fixed rate bonds with various terms, typically ranging from 1 to 5 years.

Yes, deposits in Atom Bank fixed rate bonds are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person.

No, fixed rate bonds with Atom Bank are designed to be held until maturity, and early access is not permitted.

Interest on Atom Bank fixed rate bonds is typically paid at maturity, but options may vary based on the specific bond terms.

The minimum deposit for a fixed rate bond with Atom Bank is usually £1,000, but please verify on their website for the most accurate information.

Atom Bank does not charge any fees for opening or maintaining fixed rate bonds, but it's advisable to review the terms and conditions for any specific details.

Zopa Bank shines for its user-friendly app that allows for easy management of your savings, combined with a solid interest rate of 4.55% AER, although it does require a minimum deposit of £1,000.

Zopa Bank offers fixed rate bonds that allow you to lock in a set interest rate for a specified term.

AER stands for Annual Equivalent Rate, which is used to show the interest rate on savings accounts and bonds over a year.

Interest on Zopa's fixed rate bonds is typically paid at the end of the bond term.

No, fixed rate bonds with Zopa Bank require you to keep your money invested until the maturity date.

Zopa Bank offers various terms for fixed rate bonds, allowing you to choose the duration that best suits your savings goals.

Yes, Zopa Bank requires a minimum deposit to open a fixed rate bond.

Fixed rate bonds typically do not have monthly payments; interest is paid at maturity, so there are no missed payments.

Yes, deposits in fixed rate bonds with Zopa Bank are protected by the Financial Services Compensation Scheme (FSCS) up to the limit set by the scheme.

Shawbrook Bank offers a reliable fixed rate of 4.30% AER, providing peace of mind with FSCS protection, although it does require a minimum deposit of £1,000, which may not suit all savers.

The AER for Shawbrook Bank's fixed rate bonds varies depending on the term and amount deposited. Please check the Shawbrook Bank website for the most current rates.

Shawbrook Bank offers fixed rate bonds with various terms, typically ranging from 1 to 5 years.

Yes, Shawbrook Bank requires a minimum deposit to open a fixed rate bond. The specific amount can be found on their website.

Generally, fixed rate bonds with Shawbrook Bank do not allow early access to funds. It's important to review the terms and conditions before investing.

Yes, the interest earned on fixed rate bonds is subject to taxation. Please consult a tax advisor for specific guidance.

Interest on Shawbrook Bank's fixed rate bonds is typically paid annually or at maturity, depending on the specific bond terms.

Charter Savings Bank offers an attractive interest rate of 4.71% AER, but it requires a higher minimum deposit of £5,000, making it more suitable for those with larger sums to invest.

The AER for Charter Savings Bank fixed rate bonds varies depending on the term and amount deposited. Please check the latest rates on our website.

Charter Savings Bank offers fixed rate bonds with terms ranging from 1 to 5 years.

Yes, the minimum deposit for fixed rate bonds at Charter Savings Bank is typically £1,000.

No, fixed rate bonds are designed to be held until maturity, and early withdrawals may incur penalties.

Yes, interest payments on fixed rate bonds are subject to income tax.

At the end of the term, you will receive your initial deposit plus any interest earned. You can then choose to reinvest or withdraw your funds.

Close Brothers offers a competitive rate of 4.80% AER, but the high minimum deposit of £10,000 may limit accessibility for some savers. This bond is ideal for those looking to invest larger amounts.

A fixed rate bond is a type of investment where you deposit a lump sum of money for a set period of time at a fixed interest rate.

The AER for Close Brothers fixed rate bonds varies depending on the term and amount invested. Please check our website for the most current rates.

Close Brothers offers fixed rate bonds with various terms, typically ranging from 1 to 5 years.

Yes, investments in fixed rate bonds with Close Brothers are protected under the Financial Services Compensation Scheme (FSCS) up to the applicable limits.

Generally, fixed rate bonds are designed to be held until maturity, and early withdrawal may result in penalties or loss of interest.

Interest on Close Brothers fixed rate bonds is typically paid at maturity or can be paid monthly, depending on the bond terms.

The minimum investment amount for a fixed rate bond with Close Brothers is usually specified on our website and may vary by bond type.

Tandem Bank rewards savvy savers with a standout rate of 5.12% AER, making it an excellent choice for those willing to lock away their funds for a year without withdrawals.

The AER for Tandem Bank's fixed rate bonds varies depending on the term and amount deposited. Please check the latest rates on our website.

Tandem Bank offers fixed rate bonds with terms ranging from 1 to 5 years.

Yes, the minimum deposit required for our fixed rate bonds is £1,000.

No, fixed rate bonds with Tandem Bank are designed to be held until maturity, and early withdrawal may result in penalties.

At the end of the bond term, your initial deposit along with the interest earned will be returned to your account.

Yes, interest earned on fixed rate bonds is subject to income tax.

You can open a fixed rate bond online through our website or by visiting one of our branches.