How is interest calculated?

Interest is earned at a daily rate and we will calculate your interest on the money in the account at the end of each day. Interest is paid annually, at the end of the year we will add up the interest from each day over the year and the pay the total into your account. We will pay your interest on the anniversary of your account opening. This means if you opened your account on the 2nd April we will pay your interest on the 2nd April the next year and so on depending upon the term of your Cash ISA and how long you keep it open.
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