1 Year Fixed Rate Bonds
Should you choose a 1 Year Fixed Rate Bond?
Why choose a 1 year fixed rate bond? You might have asked yourself this question if you’re looking to do more with your savings. If you have a lump sum of money that you’re prepared to lock away for a year, you may find that you can get a higher interest rate through a 1 year fixed rate bond (also known as a fixed term deposit) than you would typically get with an ISA or Easy Access account.
Find out if a 1 Year Fixed Rate Bond is best for you:
You don't need to access your savings for a year
You want to know exactly how much you'll earn at the end of the term
You'd like to protect your savings from any interest rate changes over the next 12 months