Best Fixed Rate Savings
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.
Compare Fixed-rate Savings Accounts. Find a savings account: The Which? Difference; Which? Money Compare's comparison tables shows hundreds of savings accounts from providers large and small, whether we get paid commission or not. It makes no difference to how the savings. A high-yield savings account, also known as a high-interest savings account, is a savings account that earns interest at a higher rate than a traditional savings account. The average savings account interest rate tends to hover around 0.20% APY, but big brick-and-mortar banks often offer interest rates more like 0.01% APY.
3% Interest On Savings
In return for your money for a guaranteed time, the account provider guarantees you a fixed rate of interest.
Best Fixed Interest Rates Savings
That means that, whether rates fall or rise elsewhere, you'll continue to get the amount you agreed.