You are reading a single comment by @Sam_w and its replies. Click here to read the full conversation.
  • £600 seems like a lot of interest on £50 a month, unless you've been doing it for a long time, but then most of these 'high interest' accounts don't allow that kind of balance.

  • ah sorry confusion.

    £600 is the principal. I mean £600 principal, plus the interest this generates. The account closes each year, so you start again.

About

Avatar for Sam_w @Sam_w started