barclays ISA

james3333

hi guys,
i just wondered if anyone had a barclays Mini cash ISA and viewed it online.
is the interest calculated monthly ( does it show up online?)
cheers

grumbler

I had it in the past. It was visible online. Interest was added once a year (calculated daily) - as for majority of ISAs.

james3333

darn,i would have like to have seen it go up each month.....
iam a bit wierd like that.:rolleyes:
i have £500 in now and i will be depositing £160 per month from now on, can any maths guru work out how much i will get per month?
@ 4.25%
thanks, iam rubbish at maths!

grumbler

You don't need to be a guru to make this simple calculation:
£500*4.25%/12=£1.77 :eek: . Later use the current balance figure instead of £500. Interest on interest will make very small difference.

james3333

cheers, i will keep this in mind and use it from now on.
so, by the time iam at £1,650 i will be getting £5.84 per month
cool

zag2me

NatWest calculate the interest daily, and add it to your isa once a month using their on-line banking which is "best in class" imo.

I really miss seeing all that money come in even if it is just a psychological thing. Halifax show it at the end of the year which is no fun

Queen_B_3

I have a barclays isa which I can see online, you only get to see you interest yearly. Bit of a bum really but at least you can keep a track on it online and add or withdraw if you wish whenever you want.

james3333

yeh, wish i could see the interest every month, this money iam putting away each money is my 'no smoking' money, i stopped in on 1st jan.
havent smoked one for 11 months now!
so, physocalogicaly it would help me to see the interst each month, to show how well iam doing.... oh well.

AndyR_3

zag2me wrote:

I really miss seeing all that money come in even if it is just a psychological thing. Halifax show it at the end of the year which is no fun

I think that is more fun, to see your savings increase by a large amount rather than a few pounds each month.