Good Afternoon,
I’m interested in your Internet Saver Account, currently advertised as paying 4.41% (4.31% from 19th March).
At this stage I anticipate only having my money in the account for a few months and I note that interest is paid annually.
Could you confirm please that (for example), if I deposited £100,000 for a period of 4 months then withdrew it and closed the account, then I would be paid a third of the annual interest at the time of closure i.e. £1,436?
Many thanks,
Steve