Fixed Rate

Moneybox 1 Year Fixed Rate Review

A one-year fixed rate bond from Moneybox. It ranks 28th of 69 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

£120,000

Access

At maturity only

Interest paid

At maturity

How It Stacks Up

Ranks 28th of 69

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
4.46%
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

Good to Know

You can only withdraw money at the end of the product term, at least one year after your initial deposit(s).

Please verify all details with the provider – see our Disclaimer

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Estimated returns with Moneybox's Fixed Rate

What you could earn with Moneybox's 1 Year Fixed Rate.

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

£120,000 saved

£5,400

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 Moneybox 1 Year Fixed Rate

Jan WatermannCo-Founder, DepositScout

Moneybox's 1 Year Fixed Rate pays 4.50%, which is below the market average for fixed-rate accounts and 0.85% behind the current leader at 5.35%, so I would not call this a standout rate. It does beat inflation by 1.40% against a CPI of 3.1% (Aug 2026), which at least preserves real value. The main catch is that your money is locked until maturity with no access at all, and you can deposit up to £120,000. If you want a one-year fix, Investec's 1-Year Fixed Rate Saver at 5.00% or OakNorth Bank's Fixed Term 12 Months at 4.96% are worth a look first.

2 alternatives to Moneybox's 1 Year Fixed Rate

Same type of account, closest on rate.

Common questions about the 1 Year Fixed Rate

D

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