What interest rate does the Bank of Ireland UK Limited Edition Fixed Term Deposit 2 Years pay?

The Bank of Ireland UK Limited Edition Fixed Term Deposit 2 Years pays 4.50% AER, fixed for 2 years.

How much interest could I earn?

Saving £10,000 for 2 years would earn about £920 at 4.50% AER. This assumes the rate stays the same and interest stays in the account.

How much can I pay in?

You can deposit at least £2,000 and up to £5,000,000.

Can I withdraw my money?

No. Your money is locked in until the fixed term ends, so only put in what you won't need before then.

When is interest paid?

Interest is paid at the end of the term.

Who can open this account?

New and existing Bank of Ireland UK customers can open it. You can open it online, in branch or by phone.

Is my money protected?

Yes. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person, per banking licence.

How does it compare with other two-year fixed rate bonds?

At 4.50% AER it ranks 44th of 73 two-year fixed rate bonds we track. The best pays 5.20% and the average is 4.63%.

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Bank of Ireland UK Limited Edition Fixed Term Deposit 2 Years Review

A two-year fixed rate bond from Bank of Ireland UK, with a £2,000 minimum deposit. It ranks 44th of 73 two-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 2 years

4.50%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£2,000

Max balance

£5,000,000

Access

At maturity only

Interest paid

On Maturity

How It Stacks Up

Ranks 44th of 73

2-year fixed bonds we track

Below average

This account 4.50%

UK CPI (Aug 2026): 3.10%; Pays 1.40% more
Average 2-year fixed: 4.63%; Pays 0.13% less
Best 2-year fixed: 5.20%; Pays 0.70% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

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A Good Fit For

Pro: New and existing savers

Worth Weighing Up

Con: Your money is locked in for 2 years
Con: You need at least £2,000 to open it

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Estimated returns with Bank of Ireland UK's Fixed Rate

What you could earn with Bank of Ireland UK's Limited Edition Fixed Term Deposit 2 Years.

Estimated interest

£5,000 saved

£460

At 4.5% AER

£10,000 saved

£920

At 4.5% AER

£50,000 saved

£4,601

At 4.5% AER

£5,000,000 saved

£460,125

At 4.5% AER

Estimated over the 24-month term, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Bank of Ireland UK Limited Edition Fixed Term Deposit 2 Years

Jonny PeaseCo-Founder, DepositScout

Bank of Ireland UK's two-year fix pays 4.50%, which is below the market average for fixed-rate savings and 0.87% behind the best available at 5.37%. It does beat inflation by 1.40% against a CPI of 3.1%, so your money grows in real terms. The genuine catch is that no withdrawals or early closure are permitted during the two years. If you want a similar term with a better return, OakNorth Bank and Shawbrook both offer 24-month fixes at 4.85%.

Compare Fixed Rate Bonds