We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Metro Bank interest rates
Options
planker
Posts: 3 Newbie
Just opened an account @ 5.22% but noticed online it was showing 5.10%. Phoned Metro who advise 5.22 was the annual interest rate whereas MSE shows it as monthly in the table
0
Comments
-
This is a fault as its 5.22% AER but that's the compounding rate, so you get 5.1% monthly.
There's been a few threads pointing out the metro app incorrectly shows 5.1% as the AER which it isn't.0 -
How long after the first deposit does it change from 1.64?0
-
This gets posted here every day.Come on everyone do a search first.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards