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Nationwide BS Vote 2007 - Don't 'Quick Vote'

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  • bristolleedsfan
    bristolleedsfan Posts: 12,960 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    [quote=Bernard Coleslaw;5845

    Another key thing for savings and current accounts is how soon will the provider start calculating interest on your cheque deposit? If they wait until it's cleared, that's a poor show. If they pay interest earlier, especially from day one, that's a better deal.

    There was some news on this subject today, click here.[/quote]

    most building societies including nationwide dont pay interest on cheque deposits until 3rd working day following deposit, a tiny minority pay interest from day of receipt or day following receipt.

    nationwide doesnt even pay interest on cash deposits until day following receipt

    ( im quoting savings accounts to avoid any confusions)
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