That's right. If you don't renew then your account will roll onto standard variable automatically. However, that may not be the best idea because of the huge impending hike in a few months or so, it may be better for you to lock in another fixed rate deal at the current rates to beat the next price rise. Make sure to shop around as well, as better deals might exist elsewhere.
I can't provide the current rates though as there's too many variables. Please check your renewal options or call customer service for the latest rates.
Just another guy passing by... The unknown tech way...
Pete is an IHD Tariff Update Robot! 🤖 Anasa is a Giant Enemy Robot Spider 🕷 🤖 Hannah is neither! Need Customer service? click here! Replacement IHD Guide? Here it is!
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