Interest Options

Interest can be paid either monthly or annually, depending on your preference and the Terms and Conditions of your chosen product. You can select your preferred option during the account opening process.

If, at a later date, you wish to change the frequency of these payments, select Account Options on the Account Summary page and choose Account Details from the menu. You can then view the options available on your product and, where applicable, change the frequency of your interest payments by selecting Amend and following the instructions.

During the application process, you’ll be asked to select the destination account for your interest. Subject to the Terms and Conditions of each Ford Money product that you hold, it may be possible for you to have the interest paid directly into this account, another Ford Money account or your Nominated Account.

Should you wish to change this destination account following account opening, you would need to select Account Options on the Account Summary page and choose Account Details from the menu. You can then view the options available on your product and, where applicable, change the account to which your interest is paid by selecting Amend and following the instructions.