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A&L 12% reg saver interest

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Comments

  • oldfella
    oldfella Posts: 1,534 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    well I have spoken to A&L and they reckon that 129.81 is the correct number for 12% interest at 250 per month.

    sounds like we are heading for an interesting discussion

    Mike
  • oldfella
    oldfella Posts: 1,534 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    have complained in writing, and having just found this on the A&L website it seems I will win the arguement !

    Worked example: If you invest the maximum of £250 per month, a total of £3,000 will be paid into your account during the 12 month term. At 12.00% interest, you would earn £195 gross.
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