We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

When is interest credited to A&L ISA?

Hope someone can shed some light, I've recently opened an A&L issue 4 isa mid March 08. This was opened with my full 07/08 £3000 allowance. For 08/09 I have already started to make some further deposits.

Initially I thought I would see some interest built up and added to my account first week in April (admittedly only pennies), but no sign of any payments.

My question therefore is, when am I likely to see some interest credited to my account? Is it January 2009 for deposits made in March 08 and all subsequent 08/09 deposits or do I have to wait longer?

Thanks in advance

Comments

  • Baldur
    Baldur Posts: 6,565 Forumite
    Doshbosh wrote: »
    when am I likely to see some interest credited to my account? Is it January 2009 for deposits made in March 08 and all subsequent 08/09 deposits or do I have to wait longer?

    See Here "Interest is paid annually on 1 January and will be credited to your Direct ISA."
  • Doshbosh
    Doshbosh Posts: 3 Newbie
    Cheers Baldur icon14.gif
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.