Skip to main content

What are my options when my 1 Year Fixed Rate matures?

Alex avatar
Written by Alex
Updated this week

When your fixed term ends, the interest you’ve earned is added to your 1 Year Fixed Rate balance, and you’ll need to decide what to do with your money next.

We’ll contact you before the access date shown in Wealth > 1 Year Fixed Rate to explain the options available to you, however, you will always be able to withdraw your money, together with any interest accrued, to your linked bank account on this date.

Once your 1 Year Fixed Rate is empty, we’ll close it and send you a statement in Settings > Statements and documents.

Did this answer your question?