What is a fixed term savings account?
A fixed term savings account is a guaranteed fixed rate account where the interest rate doesn’t change.
Fixed interest rate: A fixed term savings account is a guaranteed fixed rate account where the interest rate doesn’t change. This means, you just need to make a single deposit and know exactly how much interest you are accruing.
With a fixed term savings account, you are not allowed to make regular deposits or withdrawals. Withdrawals can only be made after the maturity date.
Can I access money from the Fixed Rate Saver before maturity?
