When the interest rate increases, what about payments on my account?

Most of our customers pay by Direct Debit or variable Continuous Payment Authority (CPA) linked to their debit card account, if you have this in place, it will adjust to your new minimum payment.

If you have a fixed amount Direct Debit set up, you may want to change this to be higher than the new minimum payment. 

If you pay a fixed amount through a CPA or Standing Order, please check that it is not lower than the new payment amount as you may need to increase it.

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