Interest - is Sat & Sun included in calculations?

FTD

I don't seem to have a definitive answer, however, i'm sure that credit card interest is caluclated over 365 days.

When doing calculations, for both Mortgages and savings, is Sat & Sun to be included?

Cheers

FTD

Ian_W

I would have thought the only answer possible answer is YES.
Doesn't matter whether anyones at work to count your money, you still owe it for those days [mortgage] or you still have it on deposit with the bank [savings].
If that's incorrect I'll be down the bank Friday afternoon to draw my savings out & put em back first thing Monday morning. A lovely weekend pastime counting money, saying, "mine. all mine," with no loss of interest!!

Scott

Definitive answer : Yes.

[edit]Also, bank holidays, Christmas, etc are all interest accruing days.

Every time the sun rises and sets you get more interest. Unless something crazy happens to the sun, then the bank is the last of your worries![/edit]