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.

ProviderAER AER helpAccess Access helpMin depositCustomer score Customer score helpFind out more
      
AA
Postal Five-year Fixed Rate Bond
AA
4.40%
  • Postal
£160%Visit site
BM Savings
Five-year Fixed Rate Bond
4.40%
  • Postal
£154%Visit site
Clydesdale Bank
Term Deposit
4.25%
  • Branch
  • Internet
£2,00052%Visit site
Yorkshire Bank
Term Deposit
Yorkshire Bank
4.25%
  • Branch
  • Internet
£2,00059%Visit site
Saga
Five-year Fixed Rate Savings
4.20%
  • Internet
  • Postal
  • Telephone
£160%Visit site
Halifax
Four-year Fixed Online Saver
4.15%
  • Internet
£50044%Apply now
Vanquis Bank
Five-year High Yield
4.06%
  • Internet
£1,000n/aVisit site

Help

AER

AER is annual equivalent rate and shows how much interest you'll receive in one year.

Back to AER in money table

Access

Key:

  • Branch
  • Internet
  • Postal
  • Telephone

Back to access in money table

Customer score

Which? member score based on customer satisfaction and likelihood of recommending company to friend/family member.

Back to customer score in money table

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.

More on this...

  • 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

 

Which? works for you