Compare Fixed Term ISAs
Fixed term ISAs offer a fixed rate of interest on your tax-efficient savings, usually for periods of 1-5 years. Usually, longer fixed terms mean higher interest rates, so fixed term ISAs can really help you to make the most of your ISA allowance. Use the comparison tables below to compare our wide range fixed rate ISAs from leading providers. Or for potentially higher returns, you could consider our selection of cash ISA alternatives.
How does a fixed term ISA work?
Fixed term ISAs offer a fixed rate of interest on your tax-efficient savings, usually for periods of 1-5 years. Traditionally longer fixed terms meant higher interest rates, although this isn't always the case in today's financial climate, so you may wish to consider alternatives to fixed rate ISAs. Fixed term ISA’s also usually offer a fixed rate of interest, rather than a variable one. So no matter what happens to the financial climate over the course of your ISA the rate of interest you receive will stay the same.
Advantages of a fixed term ISA:
Fixed term ISAs offer a longer-term way to save money without risking capital on the stock market, so they can be good for the more cautious saver.
As well as the possibility of a good rate of return over the long term, fixed term ISAs can be a useful way to save for a specific future event. Knowing that you'll be penalised for early withdrawal from a fixed term ISA might make you think twice before using the cash for something else.
You also can work out exactly how much money you will get out of the ISA from the outset as the rate will always be the same.
Disadvantages of a fixed term ISA:
Fixed term accounts don't necessarily beat the highest rates on offer from more accessible cash ISAs. It's essential to research providers thoroughly before you commit, rather than assuming that a fixed term ISA will automatically guarantee a superior rate.
Some accounts will prevent you from being able to make withdrawals during the ISA term, others may permit withdrawals but subject them to penalty of a certain amount of days worth of interest, this means you could get back less than you put in.
Unlike instant access ISAs, fixed term ISAs mean that you run the risk of being unable to switch to a provider with preferable interest, at least until you've sat out the fixed term. So, you could find that the attractive fixed rate you started out with begins to look increasingly uncompetitive in comparison with subsequent instant access cash ISA rates.
You can use the comparison tables above to compare our wide range of the best fixed term ISAs from leading providers. Or for potentially higher returns, you could consider our selection of cash ISA alternatives, whether you are thinking of opening just one kind of ISA, or breaking up your allowance to open one of each, shopping around to compare providers can be a good idea to find the products that fits your specific needs best.
Stocks & Shares ISAs
Types of Stocks and Shares ISA include:
Stocks and Shares ISAs
Latest News
How much can I pay into an ISA?
21st March 2019
Each tax year, there's a limit set by the government to the amount you can save and invest in ISAs: your “annual ISA allowance”. The allowances are intended to reward savers and encourage us to invest more to support our future retirements, without creating a tax haven that can be taken advantage of by very wealthy individuals who just want to avoid paying tax.
Newsletter Signup
Sign up to our Newsletter to get exclusive news and offers direct to your inbox.
About us
ISA.co.uk is a trading style of Fair Investment Company.
We've been comparing and recommending ISAs for many years so you can trust you're in good hands.
About usI found the way the different options are presented very clear - much more useful than some other comparison sites. I sent it to my daughter as well.
Very informative, find myself a good ISA account with best return in terms of interest.
Easy to use website and up to date. Saved the link on my tablet.
The website was very useful and informative.
ISA can be confusing at first and this site includes a useful and helpful introduction into the world of ISAs
Excellent website - clear and helpful information about different products - and a trustworthy partner.
Easy to use website and up to date. Saved the link on my tablet.
Really simple to use and all the information was clear with lots of products available. The interest calculator was really handy too. Have bookmarked and will definitely use again.
This was a really user-friendly site, and was very helpful when it came to comparing accounts and choosing my 2016 ISA.
Easy to use website and up to date. Saved the link on my tablet.
If you wish to invest in an ISA this site has it all. A super comprehensive range of simply explained products from all the major companies.
Very knowledgeble company with an extensive range of services, a great website with loads of useful information.
Nice graphics and easy to navigate
Good advice and professional approach
Very helpful for getting my annual ISA
Clear, concise and very professional outfit with an excellent choice of market leading deals.
ISA.co.uk not only helped narrow down my choices for a Junior ISA but also provided additional practical information that helped demystify the whole process.
Just the site I needed, I have been looking for a suitable ISA for a while, but as there are so many to choose from, find it difficult to find the right one for me.
I found the information on ISA.co.uk very helpful and easy to understand. The site is easy to navigate and find what you're looking for.
I found ISA.co.uk very insightful and easy to navigate through. The content was useful and helped me make my ISA decision.
I thought the information provided was easy to understand and very informative, I would recommend to friends for deffinite.