Icesave Second email- week 2

masonic

Newly_retired wrote: »

(2) They all have annual interest. I'm not clear whether the two year ones will pay up that interest. How does any one else understand the FSCS's rules on this? I think I'm clear that those under a year will pay the interest on maturity.

For all fixed rate accounts that are left until maturity, you will receive all the interest you were expecting, but it will be paid at maturity rather than monthly/annually.

(3) Does anyone know if you have to initiate all the accounts at once or can I do them one at a time/ separately?
Thanks for advice.

I had two accounts and had to claim the money in each account separately. You can choose for each account to either claim electronically or by paper form.