Your selected question and answer
Question:
How is interest calculated on my Instant Access Savings Account?
Answer:
Interest is calculated daily and paid monthly or annually, whichever you prefer.
If you opened your account on or after 23rd May 2011, interest will be paid on the same day of the month you opened your account if you selected monthly interest and on the last day in April if you selected annual interest.
If you opened your account before 23rd May 2011, interest will be paid on the last business day of the month if you selected monthly interest and on the last business day in April if you selected annual interest.
- Can you open a joint Instant Access Savings Account?
- Will I be penalised for withdrawing money from my Instant Access Savings Account?
- How do I pay money into my Instant Access Savings Account?
- How do I use my Instant Access Savings account card?
- Can I deposit cheques into my Instant Access Savings Account in store?
