Withdrawing money from ISA before interest paid

leemarquis

If i have money in a Santander ISA that allows me to withdraw cash at any time, would I still get the interest. Eg if I decide to withdraw it all after 6 months, would I get the 6 months of interest or would I miss out on all the interest as its only paid at the end of the 12 months?

Nine_Lives

You'd get interest up to the moment you withdrew the cash & then you'd get interest on the cash that remained.
Basically you get interest on whatever is in the account & not on whatever is not in the account.

psychic_teabag

You'd earn the interest on all the money while it's in the account. You'd actually receive the interest whenever it is normally paid (monthly or annually) unless you close (or transfer) the account, which would trigger an immediate payment - that could potentially affect payment of bonus, though - depends on the exact T&C of the account.