No, withdrawals aren’t possible during the term of the account. If you need to make a withdrawal, you can ask us to close your account before it matures, but you’ll need to pay an early access charge (shown in the table below). The charge will be taken from interest you’ve earned before we close the account. If you’ve not earned enough interest, it will be taken from the money in your account before we close it.
Term |
2 years |
5 years |
Loss of interest |
180 days |
365 days |
Our Fixed Rate ISA, Fixed Rate Bond and Fixed Rate e-Bond have a 14-day cooling off period (when you can close or transfer your account without any charge.)