Yes, you can access your Fixed Term ISA pot early by breaking the fixed term and paying an interest charge. Then, you can either withdraw the full balance to your linked bank account or move it to an Access ISA pot, where it’ll earn a variable interest rate and you can withdraw money at any time.

Just so you know, if you break your fixed term after the 14-day cancellation period, you may get less money back than you put in.

The interest charges are as follows:

  • 1 year fixed term: 90 days of interest

  • 2 year fixed term: 180 days of interest

  • 3 year fixed term: 270 days of interest

  • 4 year fixed term: 320 days of interest

  • 5 year fixed term: 365 days of interest

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