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Cash ISA with Monthly Interest
Funkygibbon
Posts: 376 Forumite
I've got £3600 to save but I'm trying to find the best rate for a tax free cash isa that pays a monthly interest. Do they exist and if so, which is the best one.
Thanks in advance!
Thanks in advance!
0
Comments
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Barclays Golden ISA.
If you don't mind me asking, is there a particular reason why you want monthly interest?
Just to clarify, if you have an account that pays annual interest, and close it after, say, six months, then you'll still get six months' worth of interest. You always get interest for the number of days that the money was in the account (unless the T&Cs explicitly state a penalty for withdrawals). (This is a common misconception about monthly vs annual interest).0 -
Thanks for that. The only reason I was after monthly interest was so I could see money grow!! Sad I know!!0
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