Money claim interest

donna1071

Hi, me again!
Im new to this and not very savy with figures so could someone help me please.
Im trying to work out the interest i want to claim back from Natwest.
I am trying to get £810 worth of charges back from them, i have worked it out that from June 2002 which is when my first charge was taken until today i can claim £324 interest at 8% per year. Does this sound right?

Sorry to be a pain!
Many thanks for your help

Donna

princesskez26

donna1071 wrote: »

Hi, me again!
Im new to this and not very savy with figures so could someone help me please.
Im trying to work out the interest i want to claim back from Natwest.
I am trying to get £810 worth of charges back from them, i have worked it out that from June 2002 which is when my first charge was taken until today i can claim £324 interest at 8% per year. Does this sound right?

Sorry to be a pain!
Many thanks for your help

Donna

No that doesn't sound right. My interest on a claim of £3323 was £343.70. Did you use Martins calculator to calculate your interest ?

Kez

nillhouse

Link to interest calculator.

http://www.moneysavingexpert.com/reclaim/bank-charges#interest

donna1071

Hi Kez,
thanks for your reply.
I didnt use Martins calculator but i just have.
I`ve got 27 individual charges over 2 yrs from 2002-2004 and the interest comes out at £277.63.
Many thanks for your help
Donna