5 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
2.25% | £1,000 / £1,000,000 | Branch | Branch |
| First entry in our best buy tables for fixed rate bonds this year from Peterborough based Aldermore, who launched in 2009 and look after £7.8bn of deposits |
|
2.30% | £1,000 / £1,000,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.25% | £5,000 / £1,000,000 | Branch | Branch |
| Wolverhampton based Charter Savings is part of Chartercourt Financial Services. Charter Savings launched in 2015. It has grown to hold over £5bn of savers money since launch |
|
2.45% | £1,000 / £85,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.30% | £1,000 / £1,000,000 | Branch | Branch |
| Hodge bank is based in South Wales and was authorised in 1987. It looks after just under £1bn of deposits. |
|
2.20% | £1,000 / £1,000,000 | Branch | Branch |
| Ikano Bank is owned by the Kamprad family who founded Ikea. Ikano tend to be more competitive for longer term fixed rate bonds. Deposits are protected by the Swedish Deposit Insurance Scheme up to £85,000. |
|
2.25% | £1,000 / £100,000 | Branch | Branch |
| Competitive rate from Birmingham based Paragon who now have over £4bn of savings deposits. |