Fixed Term Deposit Accounts: Interest is calculated daily from the business day your funds are received and applied to your Account on maturity. Interest will be calculated based on the end of day balance and compounded once a year. Even though interest is calculated on the end of day balance of your Account and compounded once a year, all interest is still only paid to you and applied to your Account on the maturity date and not before.
Easy Access, Notice Accounts and Cash ISAs: Interest is calculated on the minimum daily balance and applied to the account on the first day of every subsequent month. If a withdrawal request has been made, interest will be calculated on the total amount until, but not including the day of the withdrawal.