What interest rate does the West Brom Building Society 2 Year Fixed Rate Bond pay?

The West Brom Building Society 2 Year Fixed Rate Bond pays 4.15% AER, fixed for 2 years.

How much interest could I earn?

Saving £10,000 for 2 years would earn about £847 at 4.15% 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 £1,000 and up to £2,000,000.

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 annually or monthly.

Who can open this account?

You can open it online or in branch.

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 two-year fixed rate bonds?

At 4.15% AER it ranks 56th of 63 two-year fixed rate bonds we track. The best pays 5.16% and the average is 4.61%.

Dashboard

Fixed Rate

West Brom Building Society 2 Year Fixed Rate Bond Review

A two-year fixed rate bond from West Brom Building Society, with a £1,000 minimum deposit. It ranks 56th of 63 two-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 2 years

4.15%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

£2,000,000

Access

At maturity only

Interest paid

Annually or Monthly

How It Stacks Up

Ranks 56th of 63

2-year fixed bonds we track

Below average

This account 4.15%

UK CPI (Aug 2026): 3.10%; Pays 1.05% more
Average 2-year fixed: 4.61%; Pays 0.46% less
Best 2-year fixed: 5.16%; Pays 1.01% less

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

Compare fixed bonds

A Good Fit For

Pro: Savers who want a monthly income

Worth Weighing Up

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

Please verify all details with the provider – see our Disclaimer

See all West Brom Building Society accounts

Estimated returns with West Brom Building Society's Fixed Rate

What you could earn with West Brom Building Society's 2 Year Fixed Rate Bond.

Estimated interest

£1,000 saved

£84.72

At 4.15% AER

£5,000 saved

£424

At 4.15% AER

£10,000 saved

£847

At 4.15% AER

£2,000,000 saved

£169,445

At 4.15% AER

Estimated over the 24-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 West Brom Building Society 2 Year Fixed Rate Bond

Jan WatermannCo-Founder, DepositScout

West Brom's 2 Year Fixed Rate Bond pays 4.15%, which sits below the market average for fixed-rate accounts and 1.20% behind the current market leader at 5.35%. That gap is hard to ignore when alternatives like Kent Reliance's 2 Year Fixed Rate Bond are paying 4.91% or NS&I's Guaranteed Income Bonds at 4.81%. The rate does at least beat August 2026 CPI of 3.1% by 1.05%, so your money grows in real terms, but the usual fixed-rate catch applies: no access until maturity, so only commit funds you will not need for two years.

Compare Fixed Rate Bonds