Fixed-rate savings bonds (deposits)
Offered by banks and building societies, a fixed-rate savings bond pays a set interest rate for a fixed term — commonly 6 months to 5 years. You deposit a lump sum, usually can't add to it after the funding window, and typically can't withdraw until maturity.
- Interest rate fixed for the term
- Eligible deposits may be protected by the FSCS up to £120,000 per eligible person, per authorised firm
- Limited or no early access
Investment and corporate bonds
An investment bond is a debt investment in a company or other issuer. You're relying on the issuer to pay interest and return your capital. Your capital can be at risk, and these products are not automatically covered by FSCS deposit protection.
- Check the issuer, its finances and whether the investment is secured
- Check that the promotion has been approved by an FCA-authorised firm
- Understand how and when you can exit
Investment product disclosure
Investment bonds are not savings accounts. Your capital is at risk, returns are not guaranteed, and these products are generally not covered by the FSCS. Always read the provider’s documents carefully and consider independent financial advice before investing.
What to compare
Term length, AER, how interest is paid (monthly or at maturity), minimum and maximum deposit, early withdrawal rules, and what happens at maturity.