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Cahoot cash deposits

Hi,

Just wondering if anyone else had come across this. I recently paid in £800 in cash to my Cahoot current account and although I can see it on my statement, it's not showing as available funds yet.

I called Cahoot and they told me that CASH deposits over £500 take 4-5 days before they become available, but in the meantime, it is still earning me interest. Great.

What's also interesting is that I can't see where they have notified of this and I've asked them to provide me with a link to the policy on this. No other bank does it, do they?

Matt
This discussion has been closed.
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