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loosing interest on isa if withdraw??
downs523
Posts: 866 Forumite
want to withdraw my isa money from first direct as they have lowered there rate and i need to use most of the money now. my interest comes into my account at the end of the month.
if i take it out now will i still get my interest of the month upto today? or get none atall?
if i take it out now will i still get my interest of the month upto today? or get none atall?
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Comments
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Whether you get any interest paid up until you withdraw the funds & when it will be paid depends on the exact T&C's for the ISA. Assuming it is not a fixed term/rate product, I would expect that interest to be paid up until money is withdrawn. Difficult to say when it will be paid.
I would suggest you ask FD directly.In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0
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