What interest rate does the Charter Savings Bank 1 Year Fixed Rate Bond pay?

The Charter Savings Bank 1 Year Fixed Rate Bond pays 4.82% AER, fixed for one year.

How much interest could I earn?

Saving £10,000 for 1 year would earn about £482 at 4.82% 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 £5,000 and up to £1,000,000.

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?

You can choose to have interest paid monthly or annually.

Who can open this account?

New and existing Charter Savings Bank customers can open it. You can open it online.

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 one-year fixed rate bonds?

At 4.82% AER it ranks 17th of 70 one-year fixed rate bonds we track. The best pays 5.12% and the average is 4.49%.

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Fixed Rate

Charter Savings Bank 1 Year Fixed Rate Bond Review

A competitive one-year fixed rate bond from Charter Savings Bank, with a £5,000 minimum deposit. It ranks 17th of 70 one-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 1 year

4.82%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£5,000

Max balance

£1,000,000

Access

At maturity only

Interest paid

Monthly/Annually

How It Stacks Up

Ranks 17th of 70

1-year fixed bonds we track

Above average

This account 4.82%

UK CPI (Aug 2026): 3.10%; Pays 1.72% more
Average 1-year fixed: 4.49%; Pays 0.33% more
Best 1-year fixed: 5.12%; Pays 0.30% less

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

Compare fixed bonds

A Good Fit For

Pro: New and existing savers
Pro: Savers who want a monthly income

Worth Weighing Up

Con: Your money is locked in for 1 year
Con: You need at least £5,000 to open it

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Estimated returns with Charter Savings Bank's Fixed Rate

What you could earn with Charter Savings Bank's 1 Year Fixed Rate Bond.

Estimated interest

£5,000 saved

£241

At 4.82% AER

£10,000 saved

£482

At 4.82% AER

£50,000 saved

£2,410

At 4.82% AER

£1,000,000 saved

£48,200

At 4.82% AER

Estimated over one year, 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 Charter Savings Bank 1 Year Fixed Rate Bond

Jan WatermannCo-Founder, DepositScout

Charter Savings Bank's 1 Year Fixed Rate Bond pays 4.82%, which does beat August 2026 CPI of 3.1% by 1.72%, but it sits below the market average for fixed-rate accounts and is 0.53% behind the category leader at 5.35%. The £5,000 minimum is worth noting, and your money is locked until maturity with no access at all. If you want to stay in the one-year space, NS&I's Guaranteed Income Bonds pay 4.99% and OakNorth Bank's Fixed Term 12 Months reaches 4.96%, both worth a look before committing here.

Compare Fixed Rate Bonds