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BM bond - interest monthly or annually?

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Comments

  • tiptoe_mouse
    tiptoe_mouse Posts: 344 Forumite
    Part of the Furniture 100 Posts
    Oops - yes, indeed. I can't read my own spreadsheet! (The 61p figure is he difference if you withdrew '6 months in' for another thread I used this on.)

    My apologies.

    At least you weren't out by a factor of 10 like I was! Nice spreadsheet, by the way.

    tiptoe
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I now get the difference to be 4p per £100, but I'm open to other bids!
    It's 3.46p per £100. ;)
    redcar wrote:
    Be careful with this though I seem to remember somewhere it says that interest needs to be paid away from the account if a monthly version so you wouldn't get the compound rate. I'm sure someone on here was complaining about it being a bit misleading. In this case if you want the bext rate pick annual interest.
    It's the BM e-Saver (issue 2) that MUST have monthly interest paid away to the linked account.
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