When you apply for your account, you select whether you want your interest paid monthly or annually. If you’ve chosen to have your interest paid annually, it’ll be paid on the anniversary of the day we received your initial deposit. If you’ve chosen to have your interest paid monthly, it’ll be paid on the same day of the month we received your initial deposit. If the payment date is not a working day, it’ll be paid the next working day.
Once your account is open you can change your interest preference online. To change your interest instruction, simply log in to your Vanquis Savings account and select ‘Change Details’, then ‘Change Interest Instruction’. We’ll email you to confirm any changes you make.
