Fixed rate savings. Is interest paid to nominated account?
Interest paid monthly
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Hi @ArthurRaine, thanks for getting in touch. We pay interest monthly or annually, depending on what you chose when opening your account.
Interest will be paid on the same date that your deposit was credited to your account. For example, if you opened your account on the 15th of the month and deposited your funds on the 20th, interest will be paid to you on the 20th of each month or year. It will be paid directly to your nominated account. I hope this clarifies things!