What interest rate does the UBL UK 3 Year Fixed Term Deposit pay?

The UBL UK 3 Year Fixed Term Deposit pays 4.37% AER, fixed for 3 years.

How much interest could I earn?

Saving £10,000 for 3 years would earn about £1,369 at 4.37% 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 and up to £1,000,000.

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?

You can choose to have interest paid monthly, annually or at the end of the term.

Who can open this account?

New and existing UBL UK customers can open it. You can open it online, in branch, by post, in the app or by phone.

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 three-year fixed rate bonds?

At 4.37% AER it ranks 42nd of 49 three-year fixed rate bonds we track. The best pays 5.23% and the average is 4.72%.

Dashboard

Fixed Rate Compare 3 Year Fixed Rate Bonds

UBL UK 3 Year Fixed Term Deposit Review

A three-year fixed rate bond from UBL UK, with a £2,000 minimum deposit. It ranks 42nd of 49 three-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 3 years

4.37%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£2,000

Max balance

£1,000,000

Access

At maturity only

Interest paid

Monthly/Annually/On maturity

How It Stacks Up

Ranks 42nd of 49

3-year fixed bonds we track

Below average

This account 4.37%

UK CPI (Aug 2026): 3.10%; Pays 1.27% more
Average 3-year fixed: 4.72%; Pays 0.35% less
Best 3-year fixed: 5.23%; Pays 0.86% less

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 3 years
Con: You need at least £2,000 to open it

Good to Know

Early withdrawal (including partial withdrawal) is allowed only at the Bank's discretion and under extenuating circumstances.

Please verify all details with the provider – see our Disclaimer

See all UBL UK accounts

Estimated returns with UBL UK's Fixed Rate

What you could earn with UBL UK's 3 Year Fixed Term Deposit.

Estimated interest

£5,000 saved

£685

At 4.37% AER

£10,000 saved

£1,369

At 4.37% AER

£50,000 saved

£6,846

At 4.37% AER

£1,000,000 saved

£136,913

At 4.37% AER

Estimated over the 36-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 UBL UK 3 Year Fixed Term Deposit

Jonny PeaseCo-Founder, DepositScout

UBL UK's 3 Year Fixed Term Deposit pays 4.37%, which is below the market average for fixed-rate accounts and sits 1.00% behind the category leader at 5.37%, so I would not call this rate particularly strong. That said, it does beat August 2026 CPI of 3.1% by 1.27%, meaning your money grows in real terms over the three years. The genuine catch is that no withdrawals are permitted before maturity, so this suits savers who are confident they will not need the money, with a minimum of £2,000 to open. I would still check Buckinghamshire Building Society's Bucks Fixed Rate Bond at 4.83% before committing.

Compare Fixed Rate Bonds