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Cahoot Not Paying Interest on exactly £3000
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allegro120 said:Hoenir said:allegro120 said:Hoenir said:18th April was Good Friday a non banking day and the start of a long weekend. Will explain why you haven't received any interest yet I'd suggest.1
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Hoenir said:allegro120 said:Hoenir said:allegro120 said:Hoenir said:18th April was Good Friday a non banking day and the start of a long weekend. Will explain why you haven't received any interest yet I'd suggest.
Cahoot uses Santander system. Openings, interest payment schedule, functionality of EA savings accounts and the awkward closure protocol seem to be the same.
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I opened a Cahoot Sunny Day Saver issue 5 in April and funded it with £3000.00 at the time, choosing annual payment of interest.
Today I received an email saying I have a balance over £3000 , and the excess isn't earning interest. On checking the account I do have a balance of exactly £3000, and showing annual payment of interest at 5%.
Seems a little odd.0 -
Dugal said:I opened a Cahoot Sunny Day Saver issue 5 in April and funded it with £3000.00 at the time, choosing annual payment of interest.
Today I received an email saying I have a balance over £3000 , and the excess isn't earning interest. On checking the account I do have a balance of exactly £3000, and showing annual payment of interest at 5%.
Seems a little odd.2 -
masonic said:Dugal said:I opened a Cahoot Sunny Day Saver issue 5 in April and funded it with £3000.00 at the time, choosing annual payment of interest.
Today I received an email saying I have a balance over £3000 , and the excess isn't earning interest. On checking the account I do have a balance of exactly £3000, and showing annual payment of interest at 5%.
Seems a little odd.I choose the rooms that I live in with care,
The windows are small and the walls almost bare,
There's only one bed and there's only one prayer;
I listen all night for your step on the stair.0
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