What interest rate does the Family Building Society 5 Year Fixed Rate Bond pay?

The Family Building Society 5 Year Fixed Rate Bond pays 4.25% AER, fixed for 5 years. Up to 4.45% on some tiers.

How much interest could I earn?

Saving £10,000 for 5 years would earn about £2,313 at 4.25% 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 £1,000 and up to £250,000.

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 annually or at the end of the term.

Who can open this account?

New and existing Family Building Society customers can open it. You can open it in branch or by post.

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 five-year fixed rate bonds?

At 4.25% AER it ranks 32nd of 38 five-year fixed rate bonds we track. The best pays 5.35% and the average is 4.74%.

Dashboard

Fixed Rate

Family Building Society 5 Year Fixed Rate Bond Review

A five-year fixed rate bond from Family Building Society, with a £1,000 minimum deposit. It ranks 32nd of 38 five-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 5 years

4.25%AER

Up to 4.45% on some tiers

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

£250,000

Access

At maturity only

Interest paid

Annually/On maturity

Rate Tiers

£1,000 to £9,999

4.25%AER

£10,000+

4.45%AER

How It Stacks Up

Ranks 32nd of 38

5-year fixed bonds we track

Below average

This account 4.25%

UK CPI (Aug 2026): 3.10%; Pays 1.15% more
Average 5-year fixed: 4.74%; Pays 0.49% less
Best 5-year fixed: 5.35%; Pays 1.10% less

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

Compare fixed bonds

A Good Fit For

Pro: New and existing savers

Worth Weighing Up

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

Good to Know

A minimum of £1,000 must be deposited for annual interest accounts, and a minimum of £5,000 for monthly interest accounts. Additional deposits are allowed for 15 calendar days after your account is opened.

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Estimated returns with Family Building Society's Fixed Rate

What you could earn with Family Building Society's 5 Year Fixed Rate Bond.

Estimated interest

£1,000 saved

£231

At 4.25% AER

£5,000 saved

£1,157

At 4.25% AER

£10,000 saved

£2,432

At 4.45% AER

£250,000 saved

£60,801

At 4.45% AER

Estimated over the 60-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 Family Building Society 5 Year Fixed Rate Bond

Jan WatermannCo-Founder, DepositScout

Family Building Society's 5 Year Fixed Rate Bond pays 4.25% on balances up to £9,999, rising to 4.45% if you deposit £10,000 or more, so larger savers get a slightly better deal. At 4.25%, it sits below the market average for fixed-rate bonds and 1.10% behind the category leader at 5.35%, so it is hard to justify unless you have a specific reason to use this provider. The obvious catch is that your money is locked away for five years with no access until maturity. Chetwood Bank's 5 Year Fixed Rate Savings currently offers 5.20%.

Compare Fixed Rate Bonds