Fixed Rate Savings
Our latest savings accounts are designed to help you grow your money with confidence.
Earn up to 6.17% AER — whether you prefer to save regularly or invest a lump sum.
Open anytime — the sooner you start saving, the more you could earn before maturity on 31st March 2027.
Explore the options below and choose the account that works best for you.
Fixed Reward Saver
Lock in a guaranteed return on your savings.
Designed for members with a lump sum to invest, this account offers a fixed rate and the confidence of knowing exactly what your savings will earn.
Key Features
-
Interest Rate: 4.50% AER (Fixed)
-
Minimum Opening Deposit: £2,500
- Additional Deposits: Minimum £2,500 per deposit
-
Maximum balance: £120,000
-
Withdrawals: Not permitted during the term
-
Interest Paid: 31st March 2027
Open anytime — the earlier you invest, the longer your savings can grow before maturity.
| Example Deposit | Term | Interest Rate | Interest Earned | Total at Maturity |
|---|---|---|---|---|
| £10,000 | 12 Months | 4.50% | £450 | £10,450 |
| £50,000 | 12 Months | 4.50% | £2,250 | £52,250 |
| £120,000 | 12 Months | 4.50% | £5,400 | £125,400 |
Smart Saver
Start small. Earn more. Make saving a habit and get rewarded for it.
With regular monthly deposits and one of our highest rates, this account helps you grow your savings steadily while building a consistent saving habit.
Key Features
-
6.17% AER (Fixed) – one of our highest rates
-
Save little and often – from just £25 per month
-
Flexible monthly deposits up to £200
-
Interest paid monthly to keep your savings growing
-
One withdrawal available if needed
Save £200 per month and build your balance to £2,479.45 in 12 months.
Open anytime — the sooner you start saving, the more you could earn over the term.
Compare Our Fixed Rate Savings Accounts
| Features | Fixed Reward Saver | Smart Saver |
|---|---|---|
| Interest Rate | 4.50% AER (Fixed) | 6.17% AER |
| How You Save | Lump sum deposit | Monthly savings (£25–£200) |
| Minimum Deposit | £2,500 | £25/month |
| Maximum Balance | £120,000 | £2,500 |
| Access | No withdrawals | One withdrawal allowed |
| Term | Until 31st March 2027 | Until 31st March 2027 or when balance reaches £2,500 |
Why Save With Us?
- Get More For Your Money: Enjoy competitive fixed interest rates, with higher rates available on selected products.
- Avoid Temptation: Limited withdrawal encourages disciplined saving habits and less temptation to dip into your savings.
- Peace of Mind: Your savings are protected up to a value of £120,000 by the Financial Services Compensation Scheme (FSCS), providing additional security and reassurance.
Extra Benefits
- Free Life Savings Cover: Your savings come with added security. If the unexpected occurs, it doubles the value of your savings across all accounts up to £15,000.
- Support Your Local Community: Your investment helps your community grow.
Important Information
-
You must be aged 18 or over and a member of Enterprise Credit Union
-
Interest is paid gross and may be subject to tax
-
At maturity, accounts may automatically renew unless you instruct otherwise
-
FSCS protection applies up to £120,000 per member
Ready to start saving?
Choose the account that works best for you and apply today: