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

What sets Al Rayan Bank apart is its commitment to ethical banking, combined with a competitive rate of 4.70% AER, making it an excellent choice for savers looking for both returns and values.

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

The AER for Al Rayan Bank's fixed rate bonds varies depending on the term and amount deposited.

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

Yes, investments in fixed rate bonds with Al Rayan Bank are protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).

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

At the end of the fixed rate bond term, you will receive your initial deposit back along with any interest earned.

You can open a fixed rate bond with Al Rayan Bank online, over the phone, or by visiting a branch.

MBNA shines for its strong overall fixed rate of 4.68% AER, appealing to those who prioritize stability and reliability in their savings.

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

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

Yes, MBNA fixed rate bonds usually require a minimum investment amount, which can be found on their official website.

Generally, fixed rate bonds with MBNA do not allow early access to funds without incurring penalties.

Yes, interest payments from MBNA fixed rate bonds may be subject to income tax. It is advisable to consult a tax professional for specific guidance.

Interest on MBNA fixed rate bonds is calculated based on the fixed rate agreed upon at the time of investment.

At the end of the fixed rate bond term, your initial investment along with any accrued interest will be returned to you.

The standout feature here is the Leeds Building Society's low minimum deposit of just £100, making it accessible for more savers while providing regular monthly interest payments.

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

Leeds Building Society offers fixed rate bonds with terms ranging from 1 year to 5 years.

Yes, the minimum deposit for fixed rate bonds at Leeds Building Society is typically £1,000, but this may vary by product.

No, fixed rate bonds with Leeds Building Society are designed to be held until maturity, and early withdrawals may result in penalties.

Interest payments on fixed rate bonds can be paid annually or at maturity, depending on the specific bond terms.

At the end of the fixed rate bond term, you will receive your initial deposit along with any interest earned. You may also have the option to reinvest in a new bond.

Raisin UK offers a unique platform that aggregates competitive rates from various partner banks, currently featuring a strong 4.70% AER, along with a welcome bonus for new customers.

A fixed rate bond is a type of savings account where the interest rate is fixed for a specific period, meaning you know exactly how much interest you will earn over the term of the bond.

AER stands for Annual Equivalent Rate. It is a way to compare the interest rates of different savings products, showing what you would earn over a year, assuming interest is paid and compounded annually.

Raisin UK partners with various banks and financial institutions to provide customers access to a range of fixed rate bonds with competitive AERs.

Yes, fixed rate bonds offered through Raisin UK are typically covered by the Financial Services Compensation Scheme (FSCS), which protects your savings up to a certain limit.

Generally, fixed rate bonds require you to lock your money in for the agreed term, and early withdrawal may result in penalties or loss of interest.

The minimum deposit varies depending on the specific bond product, so it is important to check the details of each bond on the Raisin UK platform.

Interest on fixed rate bonds can be paid monthly, annually, or at maturity, depending on the specific terms of the bond.