Early In Morning But

[weecalf]

At .15% per annu. what approx would I gain by leaving £ 4000 in the account for an extra month ?

[murraymints]

£60 ?

[murraymints]

sorry £50

[weecalf]

that's point 15 % wish it was 50 /60 quid a month murraymints more like 6 pounds if im lucky

[dannyk13]

Would it not be 15% of £4000 divided by 12 =£50 ?

[Zacs-Master]

No .15%.

[murraymints]

ah point 15 ..fiver ! wondered where you were getting 15%

[MichaelZZ]

Fifty pence maximum (less any tax!)

[murraymints]

yes 50p..divide by 100 not 10...don`t spend it all at once !

[factor-fiction]

1% pa would give £40 a year
0.1%pa would give £4 a year
0.15% pa would give £6 a year which equals 50p a month.
(it may vary by a penny or two depending on how the rate is defined- AER etc)

Of course there will be tax to pay on this if you are a taxpayer