Closing your account before the term ends You’ll get your money and any interest on the next working day after your account matures. We’ll contact you at least 30 days before your account matures to remind you that the date is coming up.

This happens on the day before the date you opened the account - so if you opened a 3-year account on 1 April, it would mature on 31 March 3 years later. When your account maturesĪt the end of the term, your Fixed Term Savings account will automatically be closed and your money will be transferred to a Metro Bank Current Account or nominated savings account. Interest from ISAs doesn’t count towards your Personal Savings Allowance. Interest on your savings is now paid without tax being taken off, so if you go over your allowance you’ll need to let HMRC know. This is called your Personal Savings Allowance. You can earn up to £1,000 a year on your savings tax-free if you pay the basic rate of tax, and up to £500 a year if you pay the higher rate of tax. Important: for Power of Attorney applications, please speak to a colleague for guidance on what we will require. If you’re not a UK, EU, EEA or Swiss national you’ll need a valid visa/residence permit. You’ll also need to provide proof of your identity and address. (You need to be aged 18 or over if you want to apply online.)

**Gross rate is an annual contractual rate which is calculated daily and paid out at a frequency applicable to the product. It shows what the interest rate would be if interest was paid and compounded once each year. The amount of interest you earn depends on how long you put your money away for.

Managing your internet banking and security details.

How the buy-to-let mortgage process works.

How to apply for a residential mortgage.

What is a credit score and why is it important?.

Independent service quality survey results: personal current accounts.

Information about our personal current account services.

What you need to open a personal account.

Switch your everyday banking to Metro Bank.

Danske bank fixed term deposit rates