If you don’t choose a renewal option before the maturity date of your fixed rate bond, your original deposit and any interest or profit that you’ve earned will be transferred to your Transaction Account. You can then use those funds to open a new savings account or withdraw them to your bank or building society account.
To disable automatic prolongation, please proceed as follows:
- Login to your Raisin UK Account. Click ‘My Savings’, select the applicable savings product, then click ‘details’
- Click ‘disable automatic renewal’
From there, a notification will pop up on your screen, confirming that the automatic renewal has been disabled. If you have any further questions, do not hesitate to contact us via a secure message on your account.