Close Brothers Savings 5 Year Fixed Rate Bond Review5.07% AER (Sep 2026)

Fixed Rate from Close Brothers Savings

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Protection

FSCS

Up to £120,000

Min balance

£10,000

Max balance

£2,000,000

Access

No access until maturity

Interest paid

Annually

Who Is This For

Learn more about Close Brothers Savings

New and existing savers
Savers happy with a £2,000,000 cap
Savers who can deposit at least £10,000
Savers who can lock money away for 5 Years

Additional Info

No withdrawals are permitted before maturity and there is no cooling-off period.

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Calculate your tax liability for this accountSee what you might pay on the interest from Close Brothers Savings's 5 Year Fixed Rate Bond.

Estimated returns with Close Brothers Savings' Fixed Rate

Want to know how much interest you will receive with Close Brothers Savings's 5 Year Fixed Rate Bond?

Estimated interest

£10,000 saved

£2,805

At 5.07% AER

£50,000 saved

£14,027

At 5.07% AER

£2,000,000 saved

£561,083

At 5.07% AER

Estimated over the 60-month term, assuming the rate stays the same and interest stays in the account. Amounts outside this account's minimum or maximum balance are left out.

Our Expert Opinion on Close Brothers Savings 5 Year Fixed Rate Bond

Close Brothers Savings is offering 5.07% on this five-year fixed rate bond, which is one of the stronger rates available at this term right now, and it suits someone with a lump sum of at least £10,000 who genuinely will not need to touch the money for five years. The big catch is exactly that: there is no access until maturity, so this is only appropriate if you are confident the funds are surplus to your needs for the full term. It is also worth noting that interest is calculated daily but paid annually into your nominated bank account rather than compounded within the bond, which affects how your returns accumulate over the term.
Jonny Pease (Co-Founder)DepositScout