What interest rate does the United Trust Bank 15 Month Bond pay?

The United Trust Bank 15 Month Bond pays 4.75% AER, fixed for 15 months.

How much interest could I earn?

Saving £10,000 for 15 months would earn about £597 at 4.75% 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 £5,000 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 annually or at the end of the term.

Who can open this account?

You can open it online, by post 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 15-month fixed rate bonds?

At 4.75% AER it ranks 3rd of 7 15-month fixed rate bonds we track. The best pays 5.10% and the average is 4.70%.

Dashboard

Fixed Rate

United Trust Bank 15 Month Bond Review

One of the best-paying 15-month fixed rate bonds, from United Trust Bank, with a £5,000 minimum deposit. It ranks 3rd of 7 15-month fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 15 months

4.75%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£5,000

Max balance

£1,000,000

Access

At maturity only

Interest paid

Annually/On maturity

How It Stacks Up

Ranks 3rd of 7

15-month fixed bonds we track

Among the best

This account 4.75%

UK CPI (Aug 2026): 3.10%; Pays 1.65% more
Average 15-month fixed: 4.70%; About the same
Best 15-month fixed: 5.10%; Pays 0.35% less

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

Compare fixed bonds

Worth Weighing Up

Con: Your money is locked in for 15 months
Con: You need at least £5,000 to open it

Good to Know

A Nominated Bank Account must be provided when applying. It must be a transactional UK bank account in your name. Fund within 14 days of applying or the account will be closed. Joint accounts allowed (up to two people).

Please verify all details with the provider – see our Disclaimer

See all United Trust Bank accounts

Estimated returns with United Trust Bank's Fixed Rate

What you could earn with United Trust Bank's 15 Month Bond.

Estimated interest

£5,000 saved

£299

At 4.75% AER

£10,000 saved

£597

At 4.75% AER

£50,000 saved

£2,986

At 4.75% AER

£1,000,000 saved

£59,723

At 4.75% AER

Estimated over the 15-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 United Trust Bank 15 Month Bond

Jan WatermannCo-Founder, DepositScout

United Trust Bank's 15 Month Bond pays 4.75%, which is below the market average for fixed-rate bonds and sits 0.62% behind the current leader at 5.37%, so I would not call this a standout rate. It does beat CPI inflation of 3.1% by 1.65 percentage points, which at least means your money grows in real terms. The minimum deposit of £5,000 is worth noting, and the bigger catch is that you have no access at all until maturity, so only commit money you can genuinely set aside for 15 months. Tesco Bank's 15 Month Fixed Rate Saver at 4.85% is worth a look before deciding.

Compare Fixed Rate Bonds

2 alternatives to United Trust Bank's 15 Month Bond2 alternatives to United Trust Bank's 15 Month Bond

Same type of account, closest on rate.

Common questions about the 15 Month Bond

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