When your fixed rate product comes to an end, we’ll let you know about the options you’ve got to take another fixed rate with us.
We'll write to you before your account matures and let you know what your options are.
If you decide to take a new rate with us, it’s easy to tell us what you want to do, using your eSavings account. There’s no need to call or send a secure message, you can do everything right in eSavings.
You can take advantage of the options we’ve told you about, as well as products available through our website. When you’re choosing a new rate through eSavings, we’ve made it simple. If rates have increased between your maturity letter and the time you give us your instructions, we’ll only show the higher of the rates.
All you have to do is go to your eSavings homepage and follow these steps:
You’ll only see maturity offers for the type of product you are currently on. You’ll need to send a message if you’d like to move:
You can change your mind at any time until the maturity date of your current product, and choose another product. You may want to do this if rates have increased since you gave your original instruction and you’d like to take advantage of the new rates available.
Step 1 – you’ll need to cancel the original instruction first:
Step 2 - set up a new instruction following the steps above under ‘how to give your instruction’.
Your request will be processed immediately, and you’ll be able to check the maturity instruction is in place. The money will be transferred to the new rate on the date your current product matures.