Fixed Rate Savings
Rest assured that your rate will remain the same, even if interest rates change.
View our fixed rate accounts
Know exactly how much interest you'll earn
Putting your money away for longer can mean a higher interest rate.
Fixed Rate accounts pay the same rate of interest over a set time.
They're ideal for people who want to save a lump sum and want to know exactly what interest they'll earn.
We offer a Fixed Rate Cash ISA and, when it's available, a Regular Saver Exclusive account.
What's the difference?
If you're comfortable setting money aside for at least a year, a Fixed Rate Cash ISA lets you earn a fixed return and save tax-free, up to your annual ISA allowance (currently £20,000).
Your money is locked in for the length of the fixed term. You can take money out during this time, but a charge may apply, based on lost interest.
Want something fixed and flexible? Our Regular Saver Exclusive offers a fixed rate of interest whilst letting you save up to £250 each month, and withdraw from your account whenever you like.
Frequently asked questions
Paying interest on the tax earned depends upon the type of account you have and your Personal Savings Allowance.
For general savings, basic rate tax payers won’t pay tax on the first £1,000 of interest they earn. The allowance is £500 for higher rate tax payers, and additional rate taxpayers won’t receive an allowance. With a Cash ISA you can save tax-free up to your annual ISA allowance, currently £20,000. The tax year runs from 6 April to 5 April the following year.
Find out more about Personal Savings Allowance.
There is no minimum amount required to open the account.
Before your fixed rate period ends, we’ll contact you to let you know what your options are. You will then be able to tell us what you’d like to do when the account matures. If you decide to not do anything, your account will become a Variable Rate account.
Find a fixed rate savings account
View and compare our fixed rate savings accounts now.
View our fixed rate accountsPrefer to talk to us?
Book a branch appointment
Come into one of our branches and talk to us about our accounts.
Request an appointmentFor ISA Exclusives call
0800 028 4836
We're here from 8am to 8pm Monday to Friday, 9am to 5pm Saturdays and 10am to 5pm Sundays.
To discuss our other accounts call
0345 600 4466
We're here from 8am to 6pm Monday to Friday, 8am to 2pm Saturdays and 10am to 1pm Sundays.
Call charges and information| Number | Cost |
|---|---|
| 03 numbers | Same as calls to 01 or 02 numbers and they are included in inclusive minutes and discount schemes in the same way. |
| 084 numbers | Maximum of 7p per minute, plus your phone company's access charge. |
| 087 numbers | Maximum of 13p per minute, plus your phone company's access charge. |
| 0800 numbers | Free from UK landlines and personal mobile phones. |
Other ways to save
Save with confidence
We're covered by the Financial Services Compensation Scheme. Your combined deposits with Virgin Money and Nationwide are covered up to £120,000 per person.
View the FSCS guarantee