When you open a 1 Year Fixed Rate, you’ll have a set funding window in which you can add money. You can make as many payments as you like during this time, from £1 up to the £120,000 limit, and payments you make will start earning interest on the next working day.
You can add money via manual bank transfer from your linked bank account, and you can find your account number and sort code in the app by heading to Wealth > 1 Year Fixed Rate > Add money. Manual bank transfers must be received by 23:59 on the ‘Fund by’ date, which you can see in the app in Wealth > 1 Year Fixed Rate.
Please note that once money has been paid into your 1 Year Fixed Rate, it isn’t possible to withdraw it until the end of the product’s term.
If you don’t successfully pay into your 1 Year Fixed Rate by the end of the ‘Fund by’ date shown in the app, the product will automatically close.