4.20% AER
6 months
N/A
£1,000
Cynergy Bank stands out as the top choice because it offers a competitive 4.20% AER for its 6-month fixed rate bond, ensuring a solid return for savers looking for short-term investment options. With a minimum deposit of £1,000, it provides an accessible entry point for many investors.
Pros:
- Competitive AER
- FSCS-eligible deposits
Cons:
- Minimum deposit required
3.60% AER
6 months
N/A
£1,000
What sets Union Bank of India UK apart is its straightforward online application process for the 6-month fixed deposit, offering a fixed rate of 3.60% AER. This makes it a reliable option for those who prefer a hassle-free setup.
Pros:
- Fixed interest rate for the term
- Accessible online application
Cons:
- Lower rate compared to top competitors
4.15% AER
6 months
N/A
£500
Raisin UK shines for its ability to offer competitive rates from various partner banks, with a notable 4.15% AER for its 6-month fixed rate bond. This platform allows savers to easily compare and choose the best options available.
Pros:
- Competitive rates from multiple providers
- Easy comparison of options
Cons:
- Variable rates depending on partner banks
Final Words
In conclusion, May 2026 presents a competitive landscape for 6-month fixed rate bonds in the UK, with providers like Cynergy Bank, Shawbrook Bank, and others offering attractive rates. Be sure to compare the options available to you, as this can help maximize your returns while ensuring your savings are safely invested.
Frequently Asked Questions
The best providers for 6-month fixed rate bonds in the UK this May 2026 include: 1. Cynergy Bank - 4.20% AER, minimum deposit £1,000. 2. Union Bank of India UK - 3.60% AER, minimum deposit £1,000. 3. Raisin UK - 4.15% AER, minimum deposit £500.
Cynergy Bank offers a 6-month fixed rate bond with an interest rate of 4.20% AER.
The minimum deposit required to open a 6-month fixed rate bond with Union Bank of India UK is £1,000.
Yes, Raisin UK allows you to open a 6-month fixed rate bond with a minimum deposit of £500.
A fixed rate bond is a savings product that offers a guaranteed interest rate for a specified term, meaning your interest rate will not change during that term.
At the end of the fixed rate bond term, your initial deposit plus the accrued interest will be returned to you, unless you choose to reinvest.
Yes, fixed rate bonds offered by UK banks and building societies are typically protected by the FSCS up to £85,000 per individual, per institution.
To compare different fixed rate bonds, consider factors such as the interest rate (AER), the term length, minimum deposit requirements, and whether the bond is FSCS protected.
Compare Fixed Rate Bond Rates
Summary of all rates from our fixed rate bond rate pages. Click column headers to sort.
| Provider ↕ | Rate ↓ | Term ↕ | Min Deposit | |
|---|---|---|---|---|
| Bread Savings | 4.75% | 5 years | $1,500 | Learn more |
| America First Federal Credit Union | 4.10% | 5 years | $500 | Learn more |
| Vibrant Credit Union | 4.10% | 6 months | $5 | Learn more |
| CommunityWide Federal Credit Union | 4.10% | 6 months | $1,000 | Learn more |
| Popular Direct | 4.10% | 6 months | $10,000 | Learn more |
| Newtek Bank | 4.10% | 6 months | $2,500 | Learn more |
| Live Oak Bank Personal | 4.10% | 12 months | $2,500 | Learn more |
| Limelight Bank | 4.03% | 1 year | $1,000 | Learn more |
| Marcus by Goldman Sachs | 4.00% | 1 year | $500 | Learn more |
| Sallie Mae | 4.00% | 5 years | $2,500 | Learn more |
| Marcus by Goldman Sachs High-Yield | 4.00% | 12 months | $500 | Learn more |
| TAB Bank | 3.90% | 12 months | $1,000 | Learn more |
| My Banking Direct | 3.80% | 6 months | $2,500 | Learn more |
| Synchrony Bank | 3.75% | 5 years | $0 | Learn more |
| BMO Alto | 3.60% | 5 years | $0 | Learn more |
| LendingClub | 3.50% | 1 year | $500 | Learn more |
