What interest rate does the United Trust Bank 18 Month Bond pay?

The United Trust Bank 18 Month Bond pays 4.75% AER, fixed for 18 months.

How much interest could I earn?

Saving £10,000 for 18 months would earn about £721 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?

Interest is paid 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 18-month fixed rate bonds?

At 4.75% AER it ranks 8th of 14 18-month fixed rate bonds we track. The best pays 5.12% and the average is 4.63%.

Dashboard

Fixed Rate

United Trust Bank 18 Month Bond Review

A competitive 18-month fixed rate bond from United Trust Bank, with a £5,000 minimum deposit. It ranks 8th of 14 18-month fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 18 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

On maturity

How It Stacks Up

Ranks 8th of 14

18-month fixed bonds we track

Above average

This account 4.75%

UK CPI (Aug 2026): 3.10%; Pays 1.65% more
Average 18-month fixed: 4.63%; Pays 0.12% more
Best 18-month fixed: 5.12%; Pays 0.37% less

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

Compare fixed bonds

Worth Weighing Up

Con: Your money is locked in for 18 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

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Estimated returns with United Trust Bank's Fixed Rate

What you could earn with United Trust Bank's 18 Month Bond.

Estimated interest

£5,000 saved

£360

At 4.75% AER

£10,000 saved

£721

At 4.75% AER

£50,000 saved

£3,604

At 4.75% AER

£1,000,000 saved

£72,090

At 4.75% AER

Estimated over the 18-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 18 Month Bond

Jan WatermannCo-Founder, DepositScout

United Trust Bank's 18 Month Bond pays 4.75%, which sits below the market average for fixed-rate accounts and 0.62% behind the category leader at 5.37%. It does beat inflation by 1.65% against a CPI of 3.1%, so your money grows in real terms, but savers who can meet a £5,000 minimum should check Chetwood Bank's 18 Month Fixed Rate Savings at 4.90% before committing. The real catch is the usual one for fixed bonds: no access until maturity.

Compare Fixed Rate Bonds