Fixed Term Savings Accounts

Save with confidence using Afin Bank’s Fixed Term Savings Accounts. Choose from 1-year or 2-year terms and a fixed rate; savings accounts that work for you. Products will be available soon.

Type=Fixed term, Size=Desktop XL

Watch your money grow without interruption with a Fixed Term Savings Account from Afin Bank.

Whether you’re looking to save for one year or two, along with a fixed rate, Afin may have what you’re looking for. What’s more, with an app that lets you see how much interest you have earned whenever and wherever you want, it will help you keep track of your goals.

 

Ready to set up a Fixed Term Savings Account with us? We’re here to help.

Why choose a Fixed Term Savings Account?

Whatever your savings goals may be, our Fixed Term Savings Accounts can help you get to your goals without complication. Here’s why we could be the right fit for you:

A fixed interest rate for the entire term, which can offer peace of mind no matter how the market fluctuates

A choice between one-year or two-year terms to match your savings goals

You do not need immediate or regular access to your savings

An app to easily manage your account and see your growth

FSCS protection

Your eligible deposits with Afin Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

Interest rates are fixed for the entire term, meaning withdrawals are not allowed, unless in exceptional circumstances. If you’re looking for
an account where you want to regularly add to your savings and don’t require instant access, savings accounts like our
Notice Saver Savings Account might be a better fit for you.

Size=Desktop XL, Image=Fixed term

How do Fixed
Term Savings Accounts work?

App1
App2
App3
App4
App5
App1
01 / 05
You can deposit between £1,000 and £200,000*
*The total balance across all your Afin savings accounts cannot exceed £200,000
App2
02 / 05
You’ll have a 14 day funding window once your account is open
App3
03 / 05
Your funds will be locked away for a choice of either one or two years, ensuring a fixed rate of return
App4
04 / 05
Interest will then be calculated daily and paid annually
App5
05 / 05
At the end of the term, your initial deposit and any interest earned will be returned to your nominated account, unless you choose to redeposit into a new account with us

Products will be available soon

Our team is preparing new products right now. Please check back later. Thank you.