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  • FIRST POST
    • chris112
    • By chris112 16th May 19, 10:57 AM
    • 68Posts
    • 2Thanks
    chris112
    Am I calculating the switch benefit correct?
    • #1
    • 16th May 19, 10:57 AM
    Am I calculating the switch benefit correct? 16th May 19 at 10:57 AM
    i currently have 15k in a Shawbrook bank easy access ISA paying 1.42% interest (paid monthly)
    and have now seen Coventry B.S offer 1.49% (paid monthly)

    so am seeing if i get much more by switching and my novice calculations are:

    15,000 * 0.0007 = 10.50 more interest, per year

    is this correct?
Page 1
    • Reaper
    • By Reaper 16th May 19, 11:04 AM
    • 6,687 Posts
    • 5,043 Thanks
    Reaper
    • #2
    • 16th May 19, 11:04 AM
    • #2
    • 16th May 19, 11:04 AM
    Yes that's right
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