What is a fixed rate savings account?
A fixed rate savings account allows you to save money for a set amount of time with a fixed interest rate that does not change. Once you add your funds, they will be locked in, but you will know exactly how much interest you will earn by the time the account has matured.
Why open a Fixed Saver with Atom bank?
Competitive fixed interest rates
Everything happens on the app, so we don’t have to shell out on branches. We pass the savings onto you in the form of better fixed rate savings.
Super-fast setup
Open a fixed rate saver account in as little as 10 minutes.
Your money's secure
Once you put money in a Fixed Saver it remains secure on a fixed rate of interest until the fixed term ends.
Easy saving planning
You’ll know exactly what your rate will be for the duration of the term, so you can easily plan ahead.
Great for lump sums
Our Fixed Saver is ideal if you have a lump sum and want to make it work for you by earning interest over a fixed term.
Simple funding
Fund your Fixed Saver directly from your Instant Saver, or by an electronic transfer from another bank or building society.
Once you put money into a Fixed Saver, you can't get it out until the fixed term ends
Our fixed rate savings accounts
Our Fixed Savers allow you to choose the amount that you want to save and the time period that you want to save over. Use our fixed rate savings calculator to find out how much interest you could earn.
- £1,000
- £5,000
- £10,000
- £25,000
- £50,000
6 Month
Annual interest
Gross
4.94%
AER
5.00%
6 Month
Monthly interest
9 Month
Annual interest
Gross
4.97%
AER
5.00%
9 Month
Monthly interest
Gross
4.89%
AER
5.00%
1 Year
Annual interest
Gross
5.00%
AER
5.00%
1 Year
Monthly interest
Gross
4.89%
AER
5.00%
2 Year
Annual interest
Gross
4.75%
AER
4.75%
2 Year
Monthly interest
Gross
4.65%
AER
4.75%
3 Year
Annual interest
Gross
4.60%
AER
4.60%
3 Year
Monthly interest
Gross
4.51%
AER
4.60%
5 Year
Annual interest
Gross
4.50%
AER
4.50%
5 Year
Monthly interest
Gross
4.41%
AER
4.50%
* The estimated total interest is based on our gross rates. It assumes interest is paid into the account and you deposit the full amount the day the account opens. The date you open the account may affect the amount of interest you receive.
‘AER’ means ‘annual equivalent rate’ and is designed to make it easy for you to compare savings products. It tells you how much interest you’d earn if you put some money in an account and left it there for a full year. It takes account of things like how often the interest is paid and assumes any interest paid during that year is added to the balance and earns interest.
‘Gross’ is the rate of interest that’s payable on this account and represents the amount of tax-free interest you’ll earn in a year.
View our archived rates
Yeah, but what do customers think?
They love it! Read about how easy our customers say it is to open and manage a Fixed Saver on Feefo, an independent review site.
FSCS Protection
What’s all this about? Well, in a nutshell your money will be covered by theFinancial Services Compensation Scheme (FSCS), which means your deposits are protected up to £85,000 should anything happen to the bank.
Our Fixed Saver — the key points
One week deposit window
Once your fixed term savings account is open you've got until 9pm on the same day of the following week to add your funds.
Seven days
You can't put any more money into your Fixed Saver once the deposit window has closed.
Easy to fund
Pay money into your account from your Instant Saver account or by electronic transfer from another bank or building society.
No cooling off
As this is a Fixed Saver, there's no cooling-off period on this account.
Open as many Fixed Saver accounts as you like
Your total savings balance with us is limited to £100,000, but you can split this over as many fixed rate savings accounts as you like - as long as you deposit a minimum of £50 in each.
We'll keep you updated
We'll give you a nudge when your fixed rate period is about to end.
Got a question?
Check out our most popular Fixed Saver Frequently Asked Questions below, or kick back and read our .
How do I fund my Fixed Saver?
Can I move funds between my Fixed Saver and my Instant Saver?
Is there a minimum deposit for the Fixed Saver?
Can I add to or withdraw money from a Fixed Saver?
What is the maximum deposit I can put in a Fixed Saver?
If you want to find out more about Atom bank, head to our FAQs page.
To speak to a member of our team, jump into the app - they're here everyday, 8am to 8pm, ready to help.