What interest rate does the OakNorth Bank Fixed Term 9 Months pay?

The OakNorth Bank Fixed Term 9 Months pays 4.25% AER, fixed for 9 months.

How much interest could I earn?

Saving £10,000 for 9 months would earn about £317 at 4.25% AER. This assumes the rate stays the same and interest stays in the account.

How much can I pay in?

You can deposit at least £1 and up to £500,000.

Can I withdraw my money?

No. Your money is locked in until the fixed term ends, so only put in what you won't need before then.

When is interest paid?

Interest is paid at the end of the term.

Is my money protected?

Yes. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person, per banking licence.

How does it compare with other nine-month fixed rate bonds?

At 4.25% AER it ranks 6th of 8 nine-month fixed rate bonds we track. The best pays 4.65% and the average is 4.44%.

Dashboard

Fixed Rate

OakNorth Bank Fixed Term 9 Months Review

A nine-month fixed rate bond from OakNorth Bank. It ranks 6th of 8 nine-month fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 9 months

4.25%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

£500,000

Access

At maturity only

Interest paid

On maturity

How It Stacks Up

Ranks 6th of 8

9-month fixed bonds we track

Below average

This account 4.25%

UK CPI (Aug 2026): 3.10%; Pays 1.15% more
Average 9-month fixed: 4.44%; Pays 0.19% less
Best 9-month fixed: 4.65%; Pays 0.40% less

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

Compare fixed bonds

Worth Weighing Up

Con: Your money is locked in for 9 months

Good to Know

You can fund your account with multiple deposit payments within 14 calendar days from the day your account is approved. Once the 14-calendar day period expires, you will not be able to make any further deposits into the account. In the event you do not fund your account within the 14-day period, your account will automatically be closed.

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Estimated returns with OakNorth Bank's Fixed Rate

What you could earn with OakNorth Bank's Fixed Term 9 Months.

Estimated interest

£1,000 saved

£31.71

At 4.25% AER

£5,000 saved

£159

At 4.25% AER

£10,000 saved

£317

At 4.25% AER

£500,000 saved

£15,854

At 4.25% AER

Estimated over the 9-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 9 Months

Jonny PeaseCo-Founder, DepositScout

OakNorth Bank's 9 Month Fixed Term pays 4.25%, which is 1.10% below the fixed-rate market leader at 5.35%, and sits below the market average, so it is hard to recommend without a specific reason to prefer OakNorth. That said, the rate does beat August 2026 CPI of 3.1% by 1.15%, so your money at least grows in real terms. The main catch is the usual one for fixed bonds: no access until maturity, so only commit money you can leave untouched for nine months. If you want a similar term at a better rate, Kent Reliance's 9 Month Fixed Rate Bond offers 4.56%.

Compare Fixed Rate Bonds