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fixed rate bonds

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Hi there, im new to this forum, i have 2 fixed rate bonds with icesave 1 matures on the 7th dec n the other mid jan, the dec one is for 30k n jans 5k, if i let these mature would they get paid out in jan or separate? Chees, ps still not had my 2nd email.

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  • KenC_3
    KenC_3 Posts: 188 Forumite
    Part of the Furniture Combo Breaker
    Gray_colt wrote: »
    Hi there, im new to this forum, i have 2 fixed rate bonds with icesave 1 matures on the 7th dec n the other mid jan, the dec one is for 30k n jans 5k, if i let these mature would they get paid out in jan or separate? Chees, ps still not had my 2nd email.

    All bonds will be paid out with interest following their maturity so they will be paid independently.
  • Thanks ken
  • I stand to loose 340£ if i take it out now tho, does the easy access account pay out on maturity too? Or is that 7th oct
  • Baldur
    Baldur Posts: 6,565 Forumite
    Gray_colt wrote: »
    I stand to loose 340£ if i take it out now tho, does the easy access account pay out on maturity too? Or is that 7th oct
    The standard savings account will only be compensated up to the date of default (7th October).

    You can opt for fixed rates to paid on maturity, with full interest as contracted with Icesave or straight away, in which case interest is only paid up to the date of default.
  • cheera bald
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