Fixed term accounts – when your term is nearly up, we’ll email you with your options. If you decide not to renew the account, or it isn’t possible to, your cash will automatically return to your transit account once the term finishes.
Notice accounts – your account will stay open indefinitely until you give notice. You can give notice on your Cash savings hub account. Then, once your notice period has passed, your money will automatically transfer back to your transit account.
After your fixed term account is up or your notice period has passed, it takes up to four working days for your cash and interest to transfer back to your transit account. Once the money is back in your transit account, you can decide to deposit it in another savings account, or withdraw it.