Fixed rate bonds

With our fixed rate bonds, you can make the most of your money. Simply choose how long you want to invest for and enjoy a fixed interest rate.

Whether you’re looking to put your money aside for nine months or seven years, we have a range of fixed term savings accounts to suit your needs.

 

Compare our best fixed rate savings

Our fixed rate bonds have higher maximum balances than ISAs and offer competitive interest rates. The exact interest rate you receive will depend on the term length. The comparison table below outlines the different fixed term accounts available at Shawbrook.

9 Month Fixed Rate Bond Issue 8 Summary PDF
AER
5.15% Fixed
Gross
5.15% Annually
5.03% Monthly
Min Balance
£1,000
Max Balance
£2,000,000
1 Year Fixed Rate Bond Issue 97 Summary PDF
AER
5.20% Fixed
Gross
5.20% Annually
5.08% Monthly
Min Balance
£1,000
Max Balance
£2,000,000
18 Month Fixed Rate Bond Issue 44 Summary PDF
AER
5.13% Fixed
Gross
5.13% Annually
5.01% Monthly
Min Balance
£1,000
Max Balance
£2,000,000
2 Year Fixed Rate Bond Issue 88 Summary PDF
AER
5.06% Fixed
Gross
5.06% Annually
4.95% Monthly
Min Balance
£1,000
Max Balance
£2,000,000
3 Year Fixed Rate Bond Issue 66 Summary PDF
AER
4.85% Fixed
Gross
4.85% Annually
4.75% Monthly
Min Balance
£1,000
Max Balance
£2,000,000
5 Year Fixed Rate Bond Issue 46 Summary PDF
AER
4.60% Fixed
Gross
4.60% Annually
4.51% Monthly
Min Balance
£1,000
Max Balance
£2,000,000
7 Year Fixed Rate Bond Issue 18 Summary PDF
AER
4.50% Fixed
Gross
4.50% Annually
4.41% Monthly
Min Balance
£1,000
Max Balance
£2,000,000
Terms explained

AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded each year. We quote the AER on all of our accounts so that you can compare our products with those of other banks.

GROSS is the interest rate without the deduction of income tax. This is the interest rate paid on your account.

Terms & Conditions for Personal Accounts

Financial Services Compensation Scheme (FSCS)

Your eligible deposits with Shawbrook Bank Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. For further information or visit www.fscs.org.uk

About our fixed rate bonds

We’ve rounded up some of the most important things to know about our fixed rate bonds below. Looking for more specific information? Click the account you’re interested in exploring on the comparison table above.

A fixed rate savings bond is a type of savings account that involves putting your money away for a set period to accumulate a guaranteed amount of interest.

As these allow for higher maximum balances than ISAs, they can be particularly appealing to those who have a larger amount of personal savings.

With Shawbrook’s fixed rate bonds, you can invest anywhere between £1,000 and £2,000,000 and choose from a range of term lengths from 9 months to seven years.

With a fixed term savings account, you benefit from a higher rate of interest than an easy access account because your cash will be inaccessible during the term.

For more information on Shawbrook’s range of accounts, click through to the individual term pages via the table above.

The following applies to all of our fixed rate bonds, regardless of term length:

  • You can only open an account online
  • Once your account is open, you can operate this online via our eSavings portal or by telephone on 0345 266 6611
  • Minimum account opening balance of £1,000
  • Maximum account balance of £2,000,000
  • The account is only available to individuals who are 18 years of age or over, permanently resident in the UK, are only liable for UK tax and can provide a UK bank account as a nominated account

As the interest rate is fixed, this cannot change over the term of the account.