Is there a cooling-off period for fixed rate bonds? July 26, 2021 14:59 No, once your Fixed Rate Bond is open, you cannot close it until your maturity date (except in exceptional circumstances). Related articles Why am I unable to transfer money into my Raisin UK Account? Will the interest or profit rate on a fixed rate bond savings account change? How does Starling Bank work with Raisin UK? Can I withdraw funds from a fixed rate bond savings account before the maturity date? What is a fixed rate bond?