Can the interest rate change?
Updated 2 days ago
If you have a Fixed Term Savings account, the interest rate is set for the entire Fixed Term – so you know exactly how much interest you’ll earn.
At the end of your term, we’ll move your savings into a holding account. While in the holding account, your savings will earn interest at a significantly lower rate, until you’re ready to withdraw.
The interest rate for savings inside the holding account is variable so can change over time.
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