Skip to main content
Easy Finance Tips

Best Savings Accounts

1 Year Fixed Rate Bond

Shawbrook Bank

About this product

Shawbrook offers a one-year fixed-rate bond with a fixed interest rate for the term. Money is locked away until maturity, so compare the current issue terms and keep emergency savings accessible elsewhere.

Advantages

  • Fixed interest rate for the one-year term
  • Minimum opening deposit of £1,000

Things to consider

  • No withdrawals during the fixed term
  • Product rates and availability vary by issue

Regulation and protection

Authorised by the Prudential Regulation Authority and regulated by the FCA and PRA. Eligible deposits are protected by the FSCS up to £120,000 per eligible person, per authorised firm. Accounts sharing a banking licence share this limit.

Information is educational and may change. Confirm current rates, fees, eligibility and protection directly with the provider.