Make an interest payment

Interest is calculated daily on the greater of your daily loan balance and your minimum loan balance, and is charged in arrears on the last day of each month. The amount due will appear on your monthly statement. Interest can be paid in any of the following ways:

  1. Direct debit from your chosen bank account on the first business day of each month

  2. BPAY - if you're registered for this service with your bank, you can transfer funds from your bank account. Simply enter:

    • the Margin Lending Biller Code, which is 17111
    • your Margin Lending Customer number which is the numeric part of your BT Margin Lending client code. For example, for account BROWB12345-6 the customer number is 123456

  3. Cheque payable to BT Securities Limited (please include your account reference on the back) and mailed to our postal address

You can choose not to pay interest each month. Unpaid interest will be added to the loan balance and you will then be liable for interest on the total amount (this is known as capitalising the interest).

Paying your interest regularly helps to prevent your loan balance and gearing level from increasing, thus reducing the possibility of a margin call.