diff --git a/homeassistant/components/bond/fan.py b/homeassistant/components/bond/fan.py
index 6f6a98036c7..cb247b37309 100644
--- a/homeassistant/components/bond/fan.py
+++ b/homeassistant/components/bond/fan.py
@@ -75,7 +75,7 @@ class BondFan(BondEntity, FanEntity):
             return None
 
         # map 1..max_speed Bond speed to 1..3 HA speed
-        max_speed = self._device.props.get("max_speed", 3)
+        max_speed = max(self._device.props.get("max_speed", 3), self._speed)
         ha_speed = math.ceil(self._speed * (len(self.speed_list) - 1) / max_speed)
         return self.speed_list[ha_speed]
 
diff --git a/tests/components/bond/common.py b/tests/components/bond/common.py
index 181fe3eaf07..bb3329b6a2d 100644
--- a/tests/components/bond/common.py
+++ b/tests/components/bond/common.py
@@ -49,9 +49,11 @@ async def setup_platform(
     hass: core.HomeAssistant,
     platform: str,
     discovered_device: Dict[str, Any],
+    *,
     bond_device_id: str = "bond-device-id",
-    props: Dict[str, Any] = None,
     bond_version: Dict[str, Any] = None,
+    props: Dict[str, Any] = None,
+    state: Dict[str, Any] = None,
 ):
     """Set up the specified Bond platform."""
     mock_entry = MockConfigEntry(
@@ -65,9 +67,11 @@ async def setup_platform(
             return_value=[bond_device_id]
         ), patch_bond_device(
             return_value=discovered_device
-        ), patch_bond_device_state(), patch_bond_device_properties(
+        ), patch_bond_device_properties(
             return_value=props
-        ), patch_bond_device_state():
+        ), patch_bond_device_state(
+            return_value=state
+        ):
             assert await async_setup_component(hass, BOND_DOMAIN, {})
             await hass.async_block_till_done()
 
diff --git a/tests/components/bond/test_fan.py b/tests/components/bond/test_fan.py
index 6a8a15fc4c0..91f0c21e77a 100644
--- a/tests/components/bond/test_fan.py
+++ b/tests/components/bond/test_fan.py
@@ -96,6 +96,20 @@ async def test_non_standard_speed_list(hass: core.HomeAssistant):
         )
 
 
+async def test_fan_speed_with_no_max_seed(hass: core.HomeAssistant):
+    """Tests that fans without max speed (increase/decrease controls) map speed to HA standard."""
+    await setup_platform(
+        hass,
+        FAN_DOMAIN,
+        ceiling_fan("name-1"),
+        bond_device_id="test-device-id",
+        props={"no": "max_speed"},
+        state={"power": 1, "speed": 14},
+    )
+
+    assert hass.states.get("fan.name_1").attributes["speed"] == fan.SPEED_HIGH
+
+
 async def test_turn_on_fan_with_speed(hass: core.HomeAssistant):
     """Tests that turn on command delegates to set speed API."""
     await setup_platform(