Fixed Rate

Melton Building Society Fixed Rate to 19th November 2031 Review

One of the best-paying five-year fixed rate bonds, from Melton Building Society, running for 61 months, with a £1,000 minimum deposit. It ranks 3rd of 37 five-year fixed rate bonds we track.

Fixed rate · 61 months

5.33%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

£500,000

Access

At maturity only

Interest paid

Monthly

How It Stacks Up

Ranks 3rd of 37

5-year fixed bonds we track

Among the best
This account 5.33%
UK CPI (Aug 2026)
3.10%
Pays 2.23% more
Average 5-year fixed
4.77%
Pays 0.56% more
Best 5-year fixed
5.35%
About the same

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 61 months
  • Con: You need at least £1,000 to open it

Good to Know

If a payment date falls on a non-working day, payment is made on the next working day. On maturity, funds default into a 30-day Notice account if no instructions are received; withdrawals without penalty are allowed within 30 days of maturity.

Please verify all details with the provider – see our Disclaimer

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Estimated returns with Melton Building Society's Fixed Rate

What you could earn with Melton Building Society's Fixed Rate to 19th November 2031.

Estimated interest

£1,000 saved

£302

At 5.33% AER

£5,000 saved

£1,510

At 5.33% AER

£10,000 saved

£3,021

At 5.33% AER

£500,000 saved

£151,043

At 5.33% AER

Estimated over the 61-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 Melton Building Society Fixed Rate to 19th November 2031

Jan WatermannCo-Founder, DepositScout

Melton Building Society's Fixed Rate to 19th November 2031 pays 5.33%, which sits above the market average for fixed-rate accounts across all terms and only 0.02% behind the current leader rate of 5.35%. At 2.23% above August 2026 CPI of 3.1%, it offers a meaningful real return, making it worth considering for savers who can commit a lump sum of at least £1,000 and up to £500,000. The one firm catch is that there is no access until maturity, so this suits money you genuinely will not need before November 2031.

Compare Fixed Rate Bonds

2 alternatives to Melton Building Society's Fixed Rate to 19th November 2031

Same type of account, closest on rate.

Common questions about the Fixed Rate to 19th November 2031

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