Interest advertised does not match

Have you allowed for the fact it was only 24 days, not a month, and do they calculate interest daily or monthly ? Have you also allowed for the time from when you opened the account to when the deposit balance is cleared (3 days if debit card, who knows for a cheque)?

I think it's about right.

The 3 days clearing time seem to be it. Even though the credit shows on 7/7/2006, if I repeat my calculation with the date 10/3/06 the interest is a better match (4.0594% after tax, 5.07% before tax)

I still feel righteous anger somehow.

The 3 days clearing time seem to be it. Even though the credit shows on 7/7/2006, if I repeat my calculation with the date 10/3/06 the interest is a better match (4.0594% after tax, 5.07% before tax)

I still feel righteous anger somehow.

All that anger for only 2.78! Get a life!

In message , snipped-for-privacy@googlemail.com writes

Am I missing something here?

You did remarkably well! On £1000 you should have only got £2.41.

In message , John Boyle writes

Actually you should have got £0.00 because the balance was