Help with Bradford and bingley isa rates…

Author	Message
Written on: 13.01.2010 [22:35]
Adrian Adrian Topic creator Posts: 4	I need some help figuring out some maths behind my savings please. I have the Bradford and Bingley ISA rates in front of me and I have about 4k in one of their ISAs, how is it worked out? I have tried figuring it out but cant seem to get around it. Is it per day, month or year?
Written on: 18.01.2010 [06:18]
Waters Waters Posts: 2	I thought it was simple but then again maybe I have been doing it wrong. For example I thought all you had to do was to times the amount you have by the percentage you see for the rate and voila, that’s it. Is that not right? For example if you had 4000 at 2% you would earn 80 in one tax year
Also very interesting: Which ISAs & savings accounts are crisis-resistant? Can I have more than one of the tax free savings account TD introduced? Is there such a thing as joint tax free savings at CIBC? Overpaying the tax free savings RBC account: any charges? Looking for a fixed rate cash isa, best rates at Barclays? Fixed rate Cash ISA (Lloyds) minimum deposit? Can I withdraw from a fixed rate cash isa? Rates not what they used to be… Help with the fixed rate Halifax ISA saver… Can I open a fixed rate Halifax web saver abroad? Who offers the current fixed rate ISA best buy?
Written on: 19.01.2010 [13:13]
Wood Wood Posts: 9	I thought they were more complicated than that. Something to do with them adding interest each month and therefore continually increasing??? No????
Written on: 19.01.2010 [19:46]
Tarun Tarun Posts: 5	No it is just that simple. I think there are different types of savings accounts where this continual addition is possible but not when it comes to ISAs im afraid.