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Is interest paid in full when closing a savings account?
quatro
Posts: 197 Forumite
A bit of a stupid question I know: but if I close an account with Abbey [instant access saver] which pays interest annually - is the interest due up to the date of closure, paid to me there and then?
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Comments
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Calculated daily and included in closure amount.A bit of a stupid question I know: but if I close an account with Abbey [instant access saver] which pays interest annually - is the interest due up to the date of closure, paid to me there and then?
Most banks also pay interest for the day of closure too.0
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