Barclays Regular Saver

SKIPPY

Hoping someone may be able to shed some light on this for me. I opened a regular saver last year paying in £250 per month at 3.2%, using the calculator on here I was expecting to get back just over 3000 in total. I have only received 2788. Am I overlooking something? On the statement in shows they pay the interest monthly but I did not think that this should make any difference.


Ive had a regular saver before with a different bank and received what I was expecting i.e what the calculator on here said I would.


Maths is not my strong point I'm afraid.


Many Thanks for any help received.

Archi_Bald

Sounds as if you have only made 11 payments. If you have made 12 payments, you need to talk to Barclays.

planteria

yes, clearly 12 x £250 will be £3,000....+the interest

SKIPPY

Thank you both, quite simple when its pointed out to you


Obviously the terms were slightly different to the one I had before.


Thanks again

ColdIron

SKIPPY wrote: »

Obviously the terms were slightly different to the one I had before.

I would imagine that the terms are identical to your previous one just that you elected not to make 12 * £250 payments