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Interest on ISAs... .
David333
Posts: 734 Forumite
I have a mini cash ISA with Nationwide and was just wondering whether interest is added annually or monthly. Would me putting lots of money in a month before the end of the tax year greatly increase the interest earned...? Thank you... .
0
Comments
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Interest is calculated daily and added monthly or annually, so putting the money in just before the account pays interest doesn't increase the amount earned!
Nationwide ISAs pay interest annually on March 31st."The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.0
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