Compare 3 year savings bonds

UBL's Fixed Term Deposit (36 months) offers a straightforward savings solution for those looking to lock away funds for a set period. Designed as a traditional fixed-term savings account, it requires a minimum initial deposit of £1,000, making it accessible for a wide range of savers. As a UBL product, your savings are protected by the Financial Services Compensation Scheme (FSCS), ensuring your deposit is secure up to the current limit should UBL be unable to meet its obligations. This 36-month fixed term account boasts a competitive, fixed interest rate. Savers will benefit from a Gross rate and AER (Annual Equivalent Rate) of 5.00% on balances from £0 upwards, meaning all deposited funds will earn this consistent return throughout the term. Interest accrued on your savings will be paid annually, providing regular updates on your growing capital. A key characteristic of this Fixed Term Deposit is its access structure. As a 36-month term product, your funds are committed for the entire three-year duration. This means that once deposited, you generally cannot make further additions or early withdrawals without potentially incurring penalties or forfeiting interest. Therefore, this account is particularly well-suited for individuals who have a lump sum they can comfortably set aside for three years, aiming for a guaranteed return without the need for immediate access to their capital.