Kaupthing Edge

Hi

I am thinking of opening a Kaupthing Edge Savings Account where the interest rate is 6.55% AER.

Once I deposit the £100 minimum deposit to open the account will that amount start earning interest at 6.55% or is it just deposits greater than £100 (so first £100 earns 0% interest).

The Kaupthing terms & conditions do not seem very clear on this point.

I am only planning to put aside a relatively small amount in savings so every bit of interest counts.

Does anyone know for certain?

Thanks,

Pat

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