I cant seem to get an answer out of Halifax on this one.
Does anyone here know the answer.
If you put €750 per month in for a year you get your 7% on the whole lot.
Now, lets say we are into year 2 and still putting €750 per month in.
We have not touched the money put in in the first year at all.
My question is, does the original amount about €10000 still earn interest for the following year at 7% (assuming of course their rate is still at 7% then) as long as you continue to save at €750pm.
People in Halifax keep giving different answers and its not clear in their Ts&Cs
Does anyone here know the answer.
If you put €750 per month in for a year you get your 7% on the whole lot.
Now, lets say we are into year 2 and still putting €750 per month in.
We have not touched the money put in in the first year at all.
My question is, does the original amount about €10000 still earn interest for the following year at 7% (assuming of course their rate is still at 7% then) as long as you continue to save at €750pm.
People in Halifax keep giving different answers and its not clear in their Ts&Cs