Upon investment the applicable interest rate for the term chosen is applied to the account and is fixed for the term of the deposit.
Interest is calculated daily from the date of receipt of cleared funds and is paid into the account at the end of the term.
Where the account has a term in excess of one year, interest is paid into the Fixed Rate Saver annually on the anniversary date and at Maturity.
Details of the interest rate that will apply to your account are available by contacting your nearest branch. Fixed Rate saver interest rate information can also be found here.