Yorkshire BS ISA

andyf1873

I transferred my ISA from ING Direct to Yorkshire BS back in October however I have not seen interest appearing each month on the account (as it did with ING)

Is this simply because Yorkshire bank apply interest at the end of the financial year??

Also if I were to transfer to ICESAVE would the interest I have accrued since October with Yorkshire BS be applied to the account at that point, before the switch

YorkshireBoy

andyf1873 wrote: »

I transferred my ISA from ING Direct to Yorkshire BS back in October however I have not seen interest appearing each month on the account (as it did with ING)

Is this simply because Yorkshire bank apply interest at the end of the financial year??

I'll asume you mean Yorkshire Building Society? If so, then YBS say they'll credit the interest on 31st March each year. In practice, though, they seem to credit annual interest (on this and their Internet Saver) on the last Sunday in March...whatever date that is.

Also if I were to transfer to ICESAVE would the interest I have accrued since October with Yorkshire BS be applied to the account at that point, before the switch

Yes.

http://www.ybs.co.uk/savings/online/eisa/more_details.jsp#interest