What interest rate does the Starling Bank 1-Year Fixed Saver pay?

The Starling Bank 1-Year Fixed Saver pays 4.20% AER, fixed for one year.

How much interest could I earn?

Saving £10,000 for 1 year would earn about £420 at 4.20% 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 £2,000.

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 one-year fixed rate bonds?

At 4.20% AER it ranks 51st of 69 one-year fixed rate bonds we track. The best pays 5.12% and the average is 4.47%.

Dashboard

Fixed Rate

Starling Bank 1-Year Fixed Saver Review

A one-year fixed rate bond from Starling Bank, with a £2,000 minimum deposit. It ranks 51st of 69 one-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 1 year

4.20%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£2,000

Max balance

No limit

Access

At maturity only

Interest paid

On maturity

Starling Bank is also paying £105 to switch your current account. Offer ends 11 October 2026.

See the switch offer

How It Stacks Up

Ranks 51st of 69

1-year fixed bonds we track

Below average

This account 4.20%

UK CPI (Aug 2026): 3.10%; Pays 1.10% more
Average 1-year fixed: 4.47%; Pays 0.27% less
Best 1-year fixed: 5.12%; Pays 0.92% less

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

Compare fixed bonds

Worth Weighing Up

Con: Your money is locked in for 1 year
Con: You need at least £2,000 to open it

Good to Know

No access during term

Please verify all details with the provider – see our Disclaimer

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Estimated returns with Starling Bank's Fixed Rate

What you could earn with Starling Bank's 1-Year Fixed Saver.

Estimated interest

£5,000 saved

£210

At 4.2% AER

£10,000 saved

£420

At 4.2% AER

£50,000 saved

£2,100

At 4.2% 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 Starling Bank 1-Year Fixed Saver

Jan WatermannCo-Founder, DepositScout

Starling Bank's 1-Year Fixed Saver pays 4.20%, which sits below the market average for fixed-rate accounts and 1.15% behind the current market leader at 5.35%. It does beat August 2026 CPI of 3.1% by 1.10%, so your money grows in real terms, but if you are comfortable shopping around, OakNorth Bank's Fixed Term 12 Months offers 4.96% for the same one-year commitment. The minimum deposit is £2,000 and the real catch here is that your money is completely locked away until maturity with no withdrawals permitted.

Compare Fixed Rate Bonds