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Secure Trust interest added

I just checked on my 1 Year Fixed Rate Bond (28.Oct.2021) and interest has been added to 31st December.  Automatically transferring to my nominated bank account.  

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Were you concerned that it wouldn't be? 
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    good question... and is it paying a worthwhile rate?
  • Stargunner
    Stargunner Posts: 1,085 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    I have a 3 year fixed rate bond with them that I took out about 18 months ago. My interest stays in it to compound. I know that when it matures that I won’t be able to get anywhere near the 2.2% interest rate that I am currently getting.
  • veggieblob
    veggieblob Posts: 659 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Were you concerned that it wouldn't be? 
    No I was just surprised as I assumed interest would be added at the end of the bond.  It pays 1.25%
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