I understood that VM calculated the interest up to the 26th of each month so this month's payment should be the same as last month because both previous months had 31 days? My January payment was also £1.53 although the account history is a bit messy as I was doing extra transactions for the switch offer but I don't think it went below £1k.
Last working day of each month not 26th
I've slowly topped mine up to £980, that way I don't need to worry about moving the interest each month and can move the surplus above that each year.
What's interesting to me is that none of you posting above appears to do what I currently do which is depositing the monthly interest payment for each current account into its linked savings account to build up a small amount for a treat like a tasty meal at a nice eating establishment when this sort of thing is allowed again.
Can get better than 0.50% elsewhere
What's your best story from 2021?
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