isa

minidannii

when do you get interest on an isa ?

i know the new year for an isa is april

so is it you can keep putting in and whats in the account in the april you get interest on, or when you put money in you get interest a year from then, so you would then have to wait untill over a year.

so if i put money in an isa now, would i get interest april next year 2010, or wouldn't be till 2011 ?

Baldur

minidannii wrote: »

when do you get interest on an isa ?

i know the new year for an isa is april

so is it you can keep putting in and whats in the account in the april you get interest on, or when you put money in you get interest a year from then, so you would then have to wait untill over a year.

so if i put money in an isa now, would i get interest april next year 2010, or wouldn't be till 2011 ?

There are many different Cash ISAs - providers may specify different dates of interest payment. You'd need to check the Terms & Conditions of your chosen ISA.

The 'normal' payment date would be on the anniversary of opening the account - nothing to do with the April to April tax year, necessarily.