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When is interest paid from my Fixed Term Savings Account?

Interest will be paid into your Fixed Term Savings Account or into your nominated account (depending on where you chose to pay the interest to when opening the account) on the first business day of each month.

On the last day of the term of the Fixed Term Savings Account, the initial deposit plus any outstanding interest (if you chose to pay the interest into the Fixed Term Savings Account) will be automatically reinvested into a new Fixed Term Savings Account unless you choose to opt out of this on the maturity date of your account. Instructions on how to do this will be included in your Reinvestment Pack which will be issued prior to the maturity date.

Please see the relevant Fixed Term Savings Account Information Sheet for further information.