Fixed rate bonds can be a very profitable savings method, allowing you to lock your cash away over a period of time with a fixed rate of interest paid on your balance, so you can sit back and watch your money grow.
There are several types of savings bonds, such as the e-bond, fixed rate bond and ISA bond. Each has different features and benefits, but all have the same thing in common, both the term and the rate are fixed, offering a guaranteed predictable income.
ISA bond fixed rate accounts work on the same principles as fixed rate bonds, but no tax is paid on the interest earned, so your earnings will be greater. ISA bonds are an effective way of getting the most from your
ISA savings, helping you to save efficiently without having to give a penny of your profits to the tax-man.
