Swedbank Fixed Deposit Swedbank
3.20% gross
Fixed-term savings from Swedbank with locked-in rate for 6 or 12 months.
- Interest Rate: 3.2% p.a.
- Term: 6 or 12 months
- Min. Deposit: SEK 5,000
- Deposit Protection: Swedish DGS — up to €100,000
Compare Fixed Deposits in Sweden
Fixed-term deposits in Sweden are offered by 20 institutions across the market, with deposits covered by Sweden's state deposit guarantee up to SEK 1,050,000. Lock in only funds you can commit for the full term — early withdrawal penalties on fixed-rate bonds can wipe out months of interest; compare the AER, not the gross rate.
20 live fixed deposits offers tracked across 20 Swedish providers, with rates from 3.20% gross. Data current as of 23 October 2026 and updated daily from the Giraffy database.
Live offers
20 live offers compared from 20 providers, from 3.20% gross. Updated daily.
Ikano Fastränteplacering Ikano Bank
3.30% gross
Fixed-rate deposit from Ikano Bank — simple digital setup, guaranteed return.
- Interest Rate: 3.3% p.a.
- Term: 12 months
- Min. Deposit: SEK 5,000
- Deposit Protection: Swedish DGS — up to €100,000
Nordea Tidsbunden (12M) Nordea
3.40% gross
12-month fixed deposit from Nordea with guaranteed rate.
- Interest Rate: 3.4% p.a.
- Term: 12 months
- Min. Deposit: SEK 10,000
- Deposit Protection: Swedish DGS — up to €100,000
Skandia Fast Ränta Skandia
3.50% gross
Fixed-interest savings from Skandia with competitive 12 or 24-month terms.
- Interest Rate: 3.5% p.a.
- Term: 12 or 24 months
- Min. Deposit: SEK 10,000
- Deposit Protection: Swedish DGS — up to €100,000
Saldo Fixed Deposit Saldo Bank
3.60% gross
Competitive fixed-rate savings from Saldo Bank with above-average yields.
- Interest Rate: 3.6% p.a.
- Term: 12 months
- Min. Deposit: SEK 10,000
- Deposit Protection: Swedish DGS — up to €100,000
Handelsbanken Inlåning Bunden Handelsbanken
Price on request
- Interest Rate: 2.90% p.a.
- Term: 1 year
- Min. Deposit: SEK 10,000
- Key Feature: Handelsbanken — decentralised model; strong local service; premium banking for fixed savers
- Deposit Protection: Swedish DGS — up to €100,000
Nordnet Fastränta 1 år Nordnet
Price on request
- Interest Rate: 3.10% p.a.
- Term: 1 year
- Min. Deposit: SEK 1
- Key Feature: Nordnet — Scandinavian savings leader; integrates with Nordnet portfolio; SEK 1 min
- Deposit Protection: Swedish DGS — up to €100,000
SEB Inlåning Bunden 1 år SEB
Price on request
- Interest Rate: 3.00% p.a.
- Term: 1 year
- Min. Deposit: SEK 1,000
- Key Feature: SEB — Wallenberg group; strong wealth management; branch + online; trusted brand
- Deposit Protection: Swedish DGS — up to €100,000
AMF Fastränta SE AMF Försäkring
Price on request
- Interest Rate: 3.4% p.a.
- Term: 1–3 years
- Min. Deposit: SEK 10,000
- Key Feature: Cooperative insurer
- Deposit Protection: Swedish DGS — up to €100,000
Collector Fastränta SE Collector Bank SE
Price on request
- Interest Rate: 3.8% p.a.
- Term: 1–3 years
- Min. Deposit: SEK 10,000
- Key Feature: High yield
- Deposit Protection: Swedish DGS — up to €100,000
Lunar Sparkonto Fast SE Lunar Sverige
Price on request
- Interest Rate: 3.3% p.a.
- Term: 6–12 months
- Min. Deposit: SEK 1,000
- Key Feature: Nordic digital
- Deposit Protection: Swedish DGS — up to €100,000
Marginalen Fastränta SE Marginalen Bank
Price on request
- Interest Rate: 3.7% p.a.
- Term: 1–2 years
- Min. Deposit: SEK 5,000
- Key Feature: Competitive rates
- Deposit Protection: Swedish DGS — up to €100,000
Moank Fastränta SE Moank
Price on request
- Interest Rate: 3.6% p.a.
- Term: 6–12 months
- Min. Deposit: SEK 1,000
- Key Feature: Flexible
- Deposit Protection: Swedish DGS — up to €100,000
Revolut Fastränta SE Revolut Sverige
Price on request
- Interest Rate: 3.5% p.a.
- Term: 3–12 months
- Min. Deposit: SEK 1,000
- Key Feature: App-based
- Deposit Protection: Swedish DGS — up to €100,000
SPP Fastränta SE SPP Försäkring
Price on request
- Interest Rate: 3.5% p.a.
- Term: 1–5 years
- Min. Deposit: SEK 10,000
- Key Feature: Pension expertise
- Deposit Protection: Swedish DGS — up to €100,000
Trade Republic Fastränta SE Trade Republic Sweden
Price on request
- Interest Rate: 3.75% p.a.
- Term: 3–12 months
- Min. Deposit: SEK 1,000
- Key Feature: Highest digital rate
- Deposit Protection: Swedish DGS — up to €100,000
Wise Fastränta SE Wise Sverige
Price on request
- Interest Rate: 3.0% p.a.
- Term: Flexible
- Min. Deposit: SEK 1,000
- Key Feature: Multi-currency
- Deposit Protection: Swedish DGS — up to €100,000
bunq Savings Fixed SE bunq Sverige
Price on request
- Interest Rate: 3.2% p.a.
- Term: 6–12 months
- Min. Deposit: SEK 1,000
- Key Feature: International
- Deposit Protection: Swedish DGS — up to €100,000
Landshypotek Bank Sparkonto Fast Landshypotek Bank
Price on request
- Interest Rate: 3.15% p.a.
- Term: 1 year
- Min. Deposit: SEK 1,000
- Key Feature: Landshypotek — agricultural mortgage bank; strong rural coverage; competitive fixed rate
- Deposit Protection: Swedish DGS — up to €100,000
Avanza Sparkonto+ Fast 1 år Avanza
Price on request
- Interest Rate: 3.25% p.a.
- Term: 1 year
- Min. Deposit: SEK 1
- Key Feature: Avanza — Sweden's #1 savings app; 2M+ customers; SEK 1 min; ISK/AF integration
- Deposit Protection: Swedish DGS — up to €100,000
What are fixed deposits in Sweden?
A fixed deposit (fasträntekonto or bunden inlåning) is a savings account where you lock a sum away for a set term, commonly one to five years, in exchange for a guaranteed interest rate (ränta). Because you commit not to withdraw before maturity, banks usually pay more than on an instant-access account. Rates on the Giraffy panel currently sit between about 3.2% and 3.6%.
How the Swedish fixed-deposit market works
You choose a term and the rate is fixed for its full length, so your return is known from day one regardless of what happens to market rates. In return the money is locked: early access is typically not permitted, or carries a penalty, until the term ends. This makes fixed deposits suited to money you are certain you will not need in the short run, such as an emergency buffer you already have covered elsewhere or funds earmarked for a future purchase.
Benefits of fixed deposits
Higher, guaranteed rate — Committing to a term generally earns more than a variable-rate sparkonto.
Rate certainty — Your ränta is locked, so falling market rates do not reduce your return.
Simplicity — No market risk and no decisions to make until maturity.
How to choose
Match the term to when you will actually need the money, since you cannot easily withdraw early. Compare the fixed rate across providers, but also confirm the deposit protection scheme that covers the account. If you think rates may rise, a shorter term keeps you flexible; if you want to lock in today's level, a longer term does that. Consider laddering several terms so some money matures each year.
Leading fixed-deposit providers in Sweden
The panel spans large banks and specialists including Handelsbanken, SEB, Nordea, Nordnet, Avanza, Skandia, Ikano Bank and Saldo Bank. Established banks offer the reassurance of scale, while savings-focused and challenger names often lead on the headline rate for a given term.
What fixed deposits cost
Fixed-deposit accounts generally carry no direct fee; you earn the quoted rate, currently around 3.2% to 3.6%, over the term. The real cost is opportunity cost and lost flexibility: your money is tied up, and breaking the term early may forfeit interest or trigger a penalty where early withdrawal is allowed at all.
Protections and regulation
Banks offering deposits are supervised by Finansinspektionen, and eligible deposits are covered by the Swedish deposit guarantee, insättningsgarantin, administered by Riksgälden up to 1,050,000 SEK per person per institution. Always confirm the provider participates in this scheme before locking funds away.
Common questions
Can I withdraw before maturity? — Usually not, or only with a penalty; fixed deposits are meant to be held for the full term.
Why is the rate higher than my savings account? — Because you give up access for a fixed period, the bank rewards that commitment.
Is my money protected? — Yes, up to 1,050,000 SEK per person per institution under insättningsgarantin, provided the bank is covered.
Fixed-Rate Deposits in Sweden — FAQ
What is the best fixed deposit rate in Sweden right now?
Giraffy tracks 20 fixed-rate deposit accounts across 20 banks in Sweden. Sort by highest rate and compare term lengths to see which account suits your timeline.
What is a fixed-rate deposit and how does it work?
A fixed-rate deposit (also called a fixed-term bond or term deposit) locks your money away for a set period — typically 3 months to 5 years — in exchange for a guaranteed interest rate. You agree the rate upfront, so rising or falling market rates don't change your return.
Are fixed deposits safe?
Yes — Riksgälden covers up to SEK 1,050,000 per person, per bank. Fixed deposits at Finansinspektionen-regulated institutions are typically among the lowest-risk savings options available. Rates are guaranteed; your principal and interest are protected up to the scheme limit.
Can I withdraw money early from a fixed deposit?
Most fixed deposits penalise early withdrawal — typically forfeiting 30–180 days of interest, depending on the institution and term length. Some accounts don't allow withdrawal at all before maturity. Check the early-exit penalty before locking in a large sum.
What is the difference between a fixed deposit and an easy-access savings account?
Fixed deposits pay a higher rate in exchange for locking your money away for a defined term. Easy-access accounts let you withdraw any time but pay a lower variable rate. If you have a cash lump sum you won't need for 6–24 months, a fixed deposit typically earns more.
What happens at the end of a fixed deposit term?
At maturity, most banks automatically roll your deposit into a new term at the prevailing rate — which may be higher or lower than your original deal. Set a diary reminder to review and re-compare rates before auto-renewal if you want to ensure you get the best rate available.
How are fixed deposit rates set in Sweden?
Fixed deposit rates are closely linked to the central bank's benchmark rate. When Finansinspektionen raises rates, banks tend to offer higher deposit returns — and vice versa. Comparing regularly helps you catch rate rises before banks reduce their offers.