Fixed Rate

Lloyds Bank Online Fixed Bond 2 Year Review

A two-year fixed rate bond from Lloyds Bank. It ranks 59th of 63 two-year fixed rate bonds we track.

Fixed rate · 2 years

4.10%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£500

Max balance

£10,000,000

Access

At maturity only

Interest paid

Annually

Lloyds Bank is also paying £200 to switch your current account. Offer ends 9 December 2026.

See the switch offer

How It Stacks Up

Ranks 59th of 63

2-year fixed bonds we track

Well below average
This account 4.10%
UK CPI (Aug 2026)
3.10%
Pays 1.00% more
Average 2-year fixed
4.61%
Pays 0.51% less
Best 2-year fixed
5.16%
Pays 1.06% less

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

Compare fixed bonds

Pros and cons

  • Pro: New and existing savers
  • Con: Your money is locked in for 2 years

Good to Know

If you close the account early, for the 2 year term account you’ll be charged the equivalent of 180 days’ gross interest.

Please verify all details with the provider – see our Disclaimer

See all Lloyds Bank accounts

Estimated returns with Lloyds Bank's Fixed Rate

What you could earn with Lloyds Bank's Online Fixed Bond 2 Year.

Estimated interest

£1,000 saved

£83.68

At 4.1% AER

£5,000 saved

£418

At 4.1% AER

£10,000 saved

£837

At 4.1% AER

£10,000,000 saved

£836,810

At 4.1% 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 Lloyds Bank Online Fixed Bond 2 Year

Jan WatermannCo-Founder, DepositScout

Lloyds Bank's two-year fixed bond pays 4.10%, which sits 1.25% behind the fixed-rate market leader at 5.35% and is below the market average, so you are paying a meaningful loyalty premium for the Lloyds name. It does beat August 2026 CPI of 3.1% by 1.00%, so your money grows in real terms. The real catch is that access is locked until maturity, with early closure only possible in branch. If rate matters most, Kent Reliance's two-year bond at 4.91% is worth a look.

Compare Fixed Rate Bonds

2 alternatives to Lloyds Bank's Online Fixed Bond 2 Year

Same type of account, closest on rate.

Common questions about the Online Fixed Bond 2 Year

D

DepositScout Alerts

2 minutes ago

Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
View Best Rates
Live Market Tracking

Be the first to know when this Lloyds Bank rate drops.

Join 1,000+ savers using DepositScout who get instant email alerts when top UK savings rates change. Never miss out on a better deal again.

Takes 30 seconds · No spam · Unsubscribe any time