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Current accounts when in month does interest added?
rr755507
Posts: 119 Forumite
Hi,
I've just setup a bunch of current accounts to maximise interest, does anybody know when in the month i should be expecting the monthly interest payment for the TSB Classic Plus, Lloyds Club, and Nationwide flexdirect accounts?
Thanks.
I've just setup a bunch of current accounts to maximise interest, does anybody know when in the month i should be expecting the monthly interest payment for the TSB Classic Plus, Lloyds Club, and Nationwide flexdirect accounts?
Thanks.
0
Comments
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If you read the T&Cs for each account it will tell you0
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For TSB and Lloyds it's normally visible by the second working day of the month, dated the first working day. For Nationwide it is paid on the last working day.0
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More accurately, Lloyds, TSB, Halifax, Bank of Scotland added at END of 1st working day of the month, but only visible on the following day (which doesn't need to be a working day).
So its visible the day following the 1st banking day of the month.
Santander pay on month aniversary of account opening.0
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