Best Rate savings accounts 5-year fixed-rate savings accounts
The table below shows the best five-year fixed-rate savings accounts currently available. If you haven't used your cash Isa allowance this year, you could get a better deal tax-free with a Best Rate fixed-rate cash Isa.
| Provider | AER AER help | Access Access help | Min deposit | Customer score Customer score help | Find out more |
|---|---|---|---|---|---|
| AA Postal Five-year Fixed Rate Bond  | 4.40% |
| £1 | 60% |  |
| BM Savings Five-year Fixed Rate Bond  | 4.40% |
| £1 | 54% | |
| Clydesdale Bank Term Deposit  | 4.25% |
| £2,000 | 52% | |
| Yorkshire Bank Term Deposit  | 4.25% |
| £2,000 | 59% | |
| Saga Five-year Fixed Rate Savings  | 4.20% |
| £1 | 60% | |
| Halifax Four-year Fixed Online Saver  | 4.15% |
| £500 | 44% |  |
| Vanquis Bank Five-year High Yield  | 4.06% |
| £1,000 | n/a | |
Help
AER
AER is annual equivalent rate and shows how much interest you'll receive in one year.
Access
Key:
- Branch
- Internet
- Postal
- Telephone
Customer score
Which? member score based on customer satisfaction and likelihood of recommending company to friend/family member.
Wherever we display an “APPLY NOW” button in the above table, that company pays us a small fee each time someone clicks on the button. These payments do not influence whether a product is in the table, where it appears, or whether it continues to do so. Our Best Rates tables are compiled by our independent researchers. All revenue raised from these tables is reinvested in our research and campaigning work on behalf of all UK consumers.
How we choose our Best Rate savings accounts
Which? Best Rate Savings accounts offer the best rates on the market, subject to the following conditions:
- Providers must be fully covered by the Financial Services Compensation Scheme (FSCS)
- All of our Best Rate accounts are standalone (not tied to the purchase of another product and not available via third-party organisations or comparison sites) and available nationally, but it's worth checking the rates paid by smaller building societies in your area to see if they can do a little better
- Accounts are available at a branch, by post, phone or internet and all displayed show the annual effective rate (AER) before tax.
Which? Recommended Providers and Which? warning
Which? Recommended Providers are companies that are both rated highly by our members and have products that meet the high standards of our researchers. Which? closely monitors the products and practices of all Recommended Providers and reserves the right to exclude any company that does not treat its customers fairly. Follow the link for a full list of WRPs.
We also understand that for many people, finding products with the best rate is a priority. But where a product from a provider with a poor service score appears in our Best Rate tables, we'll highlight this with the warning logo. By naming and shaming providers which customers judge to offer poor satisfaction in these tables, we hope that companies improve their standards.
- For a personalised solution, call our experts on the Money Helpline
- For information on tax on savings and investments, take a look at our guide
- Make sure you're getting the best possible savings rate with our Savings Rate Booster
