Fixed Savers

With rates up to 3.20% AER Gross

Fixed Savers at a glance


Gross Annual Interest Gross Monthly Interest AER Availability

Fixed 1 Year Saver

Fixed 1 Year Saver

3.20% 3.15% 3.20%

More details

Fixed 2 Year Saver

Fixed 2 Year Saver

2.90% 2.86% 2.90%

More details

Fixed 3 Year Saver

Fixed 3 Year Saver

2.60% 2.57% 2.60%

More details

Fixed 4 Year Saver

Fixed 4 Year Saver

2.30% 2.28% 2.30%

More details

Fixed 5 Year Saver

Fixed 5 Year Saver

2.00% 1.98% 2.00%

More details

AER - stands for Annual Equivalent Rate and illustrates what the interest rate would be if the interest was paid and compounded once each year.

Gross interest - From the 6th April 2016, no tax will be deducted by us and therefore gross is the rate of interest if interest was paid and not compounded each year.

Keeping your savings simple

Born in Sweden, Ikano has been in the UK for over 21 years; providing finance to millions of UK customers. Our customers tell us that it's better when things are kept simple – things like bonus rates, introductory offers and hidden charges cause mistrust, that's why we don't have any.

We think of your money like it's our own, you won't see us travelling first class, having big corporate lunches or taking massive bonuses. That's not how we do business.

We believe this helps keep things simple and on fair terms, so we can offer you good savings rates all of the time. 


  • Good rates all of the time. No bonuses or introductory offers
  • No charges for opening or operating your account
  • It's easy to manage your account online or by telephone 
  • Your savings are protected – find out more

Key product information


Apply online in less than 5 minutes


Save from £1,000 - £1,000,000


Your interest rate will not change during the term of the account


You cannot close your account or make a withdrawal during the term


Opening an account you have 14 days to transfer your savings to us


No fees or bonus periods

FSCS Financial Sevices Compensation Scheme

Your savings are protected

From 1 January 2021 your savings are protected up to £85,000 per person by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

Find out more

In plain English

We like to keep things simple. We try to use plain English and avoid using jargon, so our products and services are easy to understand. If you have any questions about our savings products, please visit our FAQ section.

Frequently asked questions


For savings queries call us on:

0333 155 4607


Opening hours

Monday to Friday, 9am until 5pm

Our UK savings contact centre

Calls to this number cost the same as a call to a standard "01" or "02" landline number, even when calling from a mobile. Calls to this number are also included in any bundled minutes or free talk time that covers landline calls. Where calls are made outside of a bundle you will be charged at the national rate. Calls may be recorded for training purposes.

The actual cost you are charged will depend on your phone provider, please check with them if you're unsure.