This week we see a new highest interest rate for for 3 years fixed rate savings from Shawbrook who are offering an interest rate of 4.8% however you have to have have over £5000 that you want to lock away for 3 year's there's information about saving between £2000 and £5000 below. More information about the 3 Year Fixed Rate Bond – Issue 1 from Shawbrook can be found here:

3 Year Fixed Rate Bond – Issue 1 | Shawbrook

Lock up your money for 3 years and we’ll guarantee the rate. We guarantee to pay this rate for the full three years of the fixed-term deposit (fixed-term deposits are often called bonds). If you don’t need to dip into your investment, then you can earn 4.45% GROSS, 4.45% AER, 3.56% NET over the next 3 years.
You can invest any amount between £5,000 and £1,000,000.

  • If you need access to your money, but can give us some notice when you want to make a withdrawal, have a look at our notice accounts.


  • You can invest any amount from £5,000 to a maximum of £1,000,000.
  • You can put more money into your account while the product is available.
  • We can pay the interest into this account or another account where you are named. And we’ll pay it GROSS or NET – whichever fits your tax status.




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If you've got more than £2000 and less than £5000 that you want to lock up for 5 years then the Yorkshire and Clydesdale banks are still offering the best deals:

3 year fixed rate savings highest interest rate 4.3% Yorkshire BS & Clydesdale Bank.