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Unexpected Nationwide interest

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  • gravel_2
    gravel_2 Posts: 623 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    edited 7 April at 10:33AM
    I believe mine to be way off (much more than actually received). Will need to sit down with it tonight.
  • Kim_13
    Kim_13 Posts: 3,408 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 7 April at 4:01PM
    I’m glad I keep a spreadsheet of interest received, together with the institution and date, compiled as interest hits the account. Better to rely on my own records than Nationwide’s.

    Bear in mind they also report a Fairer Share payment as interest, so it will be that as far as the taxman is concerned.
  • DRS1
    DRS1 Posts: 1,181 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    3 of mine are wrong 2 too high but the Reward Saver too low (and as mentioned it says NET instead of GROSS but obviously no tax deducted).
  • gatters
    gatters Posts: 44 Forumite
    Eighth Anniversary 10 Posts
    Further to this. I have a Nationwide Reward Saver.

    As well as the expected interest on 31st December, I've now received interest on 6th February and 26th April. I've no idea when the account opening anniversary is. I can't make sense of it through the account t&c's pdf that apper through Google. 
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