When is interest paid?

Updated 7 months ago

Smart Saver

We apply it to your savings account each month, on the calendar day your account was opened.

However, if your account was opened on the 29th, 30th or 31st of a month, we'll pay interest on the 28th of every month. Should you close your Smart Saver, a final payment will be made on the day the account is closed.

Fixed Term Savings

We apply it to your savings account each month, on the calendar day your term began. However, if your term started on the 29th, 30th or 31st of a month, we'll pay interest on the 28th of every month, with a final payment made on the day the term ends.

Was this helpful?

Need to get in touch?

Our team of helpful humans are on hand.

Contact us