At least 14 days before your account matures, we will send you an email confirming the date your Fixed Rate Cash ISA matures.Β
You will need to submit your maturity instructions in Online Banking by logging into your account online or the mobile app. The maturity options are:Β
- Reinvest the full or partial balance in a new OakNorth Cash ISA. Any remaining balance will be transferred back to your nominated account.Β
- Return your full original principal investment and interest earned back to your nominated account. (Funds that are transferred to a non-ISA account will lose their tax status)Β
- Transfer your full Cash ISA balance to another ISA provider (in this case, you will not need to submit maturity instructions, but will need to give transfer instructions to your new ISA provider who will forward the request to us on your behalf)Β
If we do not hear from you before your Fixed Rate Cash ISA maturity date, the total amount including interest will be automatically transferred to a variable rate Easy Access Cash ISA with us and you will receive the new account details on the day of the account opening.Β Β