Fixed Rate

OakNorth Bank Fixed Term 30 Months Review

A fixed rate bond from OakNorth Bank, running for 30 months. It ranks 149th of 274 fixed rate bonds we track.

Fixed rate · 30 months

4.52%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

No limit

Access

At maturity only

How It Stacks Up

Ranks 149th of 274

Fixed bonds we track

Just below average
This account 4.52%
UK CPI (Aug 2026)
3.10%
Pays 1.42% more
Average fixed bond
4.56%
About the same
Best fixed bond
5.35%
Pays 0.83% less

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

Compare fixed bonds

Worth Weighing Up

  • Con: Your money is locked in for 30 months

Please verify all details with the provider – see our Disclaimer

See all OakNorth Bank accounts

Estimated returns with OakNorth Bank's Fixed Rate

What you could earn with OakNorth Bank's Fixed Term 30 Months.

Estimated interest

£1,000 saved

£117

At 4.52% AER

£5,000 saved

£584

At 4.52% AER

£10,000 saved

£1,169

At 4.52% AER

£50,000 saved

£5,843

At 4.52% AER

Estimated over the 30-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 OakNorth Bank Fixed Term 30 Months

Jan WatermannCo-Founder, DepositScout

OakNorth Bank's Fixed Term 30 Months pays 4.52%, which sits below the market average for fixed-rate accounts and 0.83% behind the current leader at 5.35%, so I would not call this a standout rate. That said, it does beat August 2026 CPI of 3.1% by 1.42%, meaning your money grows in real terms over the term. The obvious catch is that you have no access until maturity, so this suits someone who is genuinely comfortable locking money away for 30 months and does not need flexibility. If you want a shorter commitment, Atom Bank's 6 Month Fixed Saver offers 4.55%.

Compare Fixed Rate Bonds

2 alternatives to OakNorth Bank's Fixed Term 30 Months

Same type of account, closest on rate.

Common questions about the Fixed Term 30 Months

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 OakNorth 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