Show accrued interest for the month


#1

In a similar way to how the overdraft section shows the number of days in overdraft and interest to date, it would be great if we could see the savings interest too on a daily basis.


#2

That sounds like a really useful idea, which I hope they take on board.


#3

Not sure I see the need really, unless you have a lot of money saved your daily interest isn’t going to be hardly anything, even if you keep £1000 in your account your monthly interest isn’t much more than a few pounds.


#4

Showing accrued interest would help in this situation. Transparency over current overdraft interest and accrued interest leads to better money management decisions. If you can see your money only earning small levels of interest you are more inclined to repurpose it just the same as if you see overdraft interest affecting your financial situation.