2 Year Fixed Rate Bonds

This 2 Year Fixed Term account from RCI Bank offers a competitive interest rate of 1.45%. But it’s not just the interest rate that makes this account worth considering. For one, the account allows you to make as many deposits as you like in the first 14 days (each must be £1,000 or more). Plus, it’s a good fit for savers with more to deposit, as the maximum deposit is £1 million.

Paragon Bank offers 1.25% on its 2 Year Fixed Rate Account. They also offer the choice of monthly or annual interest payments. One thing worth noting is that this account doesn’t offer multiple pay-ins — so you’ll need to deposit your money as a lump sum within your first 28 days of opening.

Vanquis Bank’s 2 Year Fixed Rate account offers an interest rate of 1.05%. The account allows you 30 days to fund, but you’ll have to do that via one payment. The maximum for this account is £250,000, which will be more than enough for most of us, but there are higher limits on other accounts if you have a particularly large sum to deposit.