Take advantage of a higher Fixed Term Savings rate

If you’re an OakNorth customer with an account about to mature,  you can get exclusive interest rates when you reinvest into a Fixed Term Savings Account, with rates up to 2.63%.

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How long can you lock your savings away?

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6 months

Ideal for short-term savers

Ideal if you:

  • Have a short-term savings goal
  • Need access to your money after six months
  • Are starting out as a saver
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9 months

Ideal for short-term savers

Ideal if you:

  • Have a short to mid-term savings goal
  • Aren’t ready to commit to a full year yet
  • Can’t lock your money away for too long
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12 months

Our most popular account

Ideal if you:

  • Are saving for something big, like a holiday
  • Have savings you can put away for a year
  • Can’t wait too long, but want a higher return
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15 months

For short to mid-term savers

Ideal if you:

  • Are saving for a new project or life event
  • Have savings you don’t need to access any time soon
  • Can lock your money away for longer than a year to get higher returns
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18 months

Ideal for mid-term savers

Ideal if you:

  • Are saving for a longer-term goal like a new car
  • Have a date in mind that you’d like to access your money
  • Want a higher interest rate to see your money grow
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24 months

Ideal for long-term savers

Ideal if you:

  • Are saving for something big and long-term, like a mortgage or home renovation
  • Don’t need access to your savings in the immediate future
  • Want the best interest rates to earn more on your savings
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30 months

Ideal if you:

  • Are saving for something big and long-term, like a mortgage or home renovation
  • Don’t need access to your savings for over two years
  • Want to make the most of more competitive rates
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36 months

Ideal if you:

  • Are saving for something like a mortgage, retirement fund or child’s higher education
  • Don’t need access to your savings for three years
  • Want to earn more through very competitive rates
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48 months

Ideal if you:

  • Are saving for something like a mortgage, retirement fund or child’s higher education
  • Don’t need access to your savings for four years
  • Want to maximise returns through the highest interest rates
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60 months

Ideal if you:

  • Are saving for something like a mortgage, retirement fund or child’s higher education
  • Don’t need access to your savings for five years
  • Want to maximise returns through the highest interest rates

FAQs

If you’re over 18 years old and you’re a resident of the UK – i.e. you have a permanent UK address that you’ve had for over three years – then you’re eligible for an OakNorth fixed term savings account. You’ll also need to have a personal UK bank or building society account to transfer funds into your account

Yes. You can open a joint savings account online from our website. We currently don’t offer joint account applications via the app. Joint accounts exclude ISA products.

To apply you will need:

● A valid email address and phone number
● Your UK address details
● Details of the bank account you will be transferring your funds from

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