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ISA Monthly Interest
Heytheremrblue
Posts: 67 Forumite
Sorry if this is a really daft question ! I’m about to have my first monthly interest payment which is £62.44 according to the pending transaction on the app.
I have 20k in the ISA at 4.22% which I work out at £70.33 a month.
Am I missing something or doing something stupid ?
I have 20k in the ISA at 4.22% which I work out at £70.33 a month.
Am I missing something or doing something stupid ?
0
Comments
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How many days has the money been deposited prior to the first interest payment?Heytheremrblue said:Sorry if this is a really daft question ! I’m about to have my first monthly interest payment which is £62.44 according to the pending transaction on the app.
I have 20k in the ISA at 4.22% which I work out at £70.33 a month.
Am I missing something or doing something stupid ?1 -
Ahhh yes good point ! Opened first with £500 on 8th September then topped up to £20k on the 11th.Interest paid on 7th :-)0
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