this week the best 3 year savings bond is the Lloyds TSB eBond with a savings rate of 3.75%

more information: Lloyds TSB - eBond

Save for 3 years,
Fixed interest rates of 3.75% AER/Gross*.
View eBond interest rates.
Choose when your interest is paid - monthly to supplement your income or yearly as a lump sum - it's up to you.
Nominate where your Interest is paid – this can be a current account or an eligible savings account (excluding Monthly Saver, Term Deposits, Child Trust Fund, and ISA products.)
Save from £2,000 up to £1,000,000
No withdrawals are allowed.
You can make additional deposits by cheque whilst the issue is on sale. This is a limited issue product however so once the issue is full no further deposits can be made.
Rate is fixed for the term of the deposit.
Manage your account through a dedicated eBond Savings Team. The account cannot be serviced through PhoneBank, branches or Internet Banking.
If you have any queries please call the Lloyds TSB eBond Savings Team on 0845 603 2636 .
The account cannot be opened as a joint account.