What interest rate does the FirstSave 3 Year Fixed Rate Bond pay?

The FirstSave 3 Year Fixed Rate Bond pays 5.15% AER, fixed for 3 years.

How much interest could I earn?

Saving £10,000 for 3 years would earn about £1,626 at 5.15% 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 £2,000,000.

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 FirstSave 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 three-year fixed rate bonds?

At 5.15% AER it ranks 7th of 50 three-year fixed rate bonds we track. The best pays 5.23% and the average is 4.74%.

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Fixed Rate Compare 3 Year Fixed Rate Bonds

FirstSave 3 Year Fixed Rate Bond Review

One of the best-paying three-year fixed rate bonds, from FirstSave, with a £1,000 minimum deposit. It ranks 7th of 50 three-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 3 years

5.15%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

£2,000,000

Access

At maturity only

Interest paid

Monthly/Annually

How It Stacks Up

Ranks 7th of 50

3-year fixed bonds we track

Among the best

This account 5.15%

UK CPI (Aug 2026): 3.10%; Pays 2.05% more
Average 3-year fixed: 4.74%; Pays 0.41% more
Best 3-year fixed: 5.23%; Pays 0.08% 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 3 years
Con: You need at least £1,000 to open it

Good to Know

You must fully fund your fixed-rate bond within 10 working days of opening. You can make several payments over 10 calendar days.

Please verify all details with the provider – see our Disclaimer

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Estimated returns with FirstSave's Fixed Rate

What you could earn with FirstSave's 3 Year Fixed Rate Bond.

Estimated interest

£1,000 saved

£163

At 5.15% AER

£5,000 saved

£813

At 5.15% AER

£10,000 saved

£1,626

At 5.15% AER

£2,000,000 saved

£325,187

At 5.15% AER

Estimated over the 36-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 FirstSave 3 Year Fixed Rate Bond

Jan WatermannCo-Founder, DepositScout

FirstSave's 3 Year Fixed Rate Bond pays 5.15%, which sits above the market average for fixed-rate accounts, though it is 0.22% behind the category leader at 5.37%. In real terms the rate is 2.05% ahead of CPI inflation at 3.1% (Aug 2026), so your money does grow in purchasing power. The account suits patient savers with between £1,000 and £2,000,000 who can commit for three years, since no withdrawals are permitted before maturity. If you want a marginally better three-year rate, Close Brothers Savings and Investec both offer 5.19% on equivalent bonds.

Compare Fixed Rate Bonds