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Is this right!!!!!

2»

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  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    samuela66 wrote: »
    I opened it beginning of July last year, No5 it is, and the interest is going on in November, its 3.15% my mind is at ease now
    Don't the A&L Online Saver accounts pay interest on 1st October each year?

    Haven't you already been paid some interest on October 1st last year?

    Don't you only get around 12 months at the bonus rate?

    Shouldn't you be moving your money (with accrued interest to date) before October 1st?...after all, you'll probably be earning a pittance on it once the (12 month?) bonus expires (in July 2010?).
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