Fixed Rate

Manchester Building Society 1 Year Fixed Rate Bond Review

A one-year fixed rate bond from Manchester Building Society. It ranks 30th of 70 one-year fixed rate bonds we track.

Fixed rate · 1 year

4.50%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

£1,000,000

Access

At maturity only

Interest paid

Annually

How It Stacks Up

Ranks 30th of 70

1-year fixed bonds we track

Just above average
This account 4.50%
UK CPI (Aug 2026)
3.10%
Pays 1.40% more
Average 1-year fixed
4.49%
About the same
Best 1-year fixed
5.12%
Pays 0.62% 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 1 year

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Estimated returns with Manchester Building Society's Fixed Rate

What you could earn with Manchester Building Society's 1 Year Fixed Rate Bond.

Estimated interest

£1,000 saved

£45.00

At 4.5% AER

£5,000 saved

£225

At 4.5% AER

£10,000 saved

£450

At 4.5% AER

£1,000,000 saved

£45,000

At 4.5% 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 Manchester Building Society 1 Year Fixed Rate Bond

Jan WatermannCo-Founder, DepositScout

Manchester Building Society's 1 Year Fixed Rate Bond pays 4.50%, which beats August 2026 CPI of 3.1% by 1.40%, so your money does grow in real terms. That said, 4.50% sits below the market average for fixed-rate accounts, and the best rate across that category is 5.35%, leaving this 0.85% behind. If you want to stay at one year, OakNorth Bank's Fixed Term 12 Months is paying 4.96% right now, which is a meaningful step up. The key catch here is the usual fixed-rate one: no access at all until maturity, so only commit money you genuinely will not need.

Compare Fixed Rate Bonds

2 alternatives to Manchester Building Society's 1 Year Fixed Rate Bond

Same type of account, closest on rate.

Common questions about the 1 Year Fixed Rate Bond

D

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