Natwest

[DiscoPat]

You see this, http://www.natwest.com/personal02.as...CESS/E-SAVINGS
Does this mean 3.72% a month? Can somone explane as I kinda dont get it,
In the "e-savings calculator" it is all wrong, I think..
Ill +rep for the people who help, thankoo.:rolleyes:

[Aflux]

I think the calculator is wrong.

I calculate it, but I'm not that good at maths.

You get a certain amount of interest every month, I think although they do it some strange way because I get loads of 3 and 4p deposits as interests per month.

Life is hard.

[N!ck]

Basically, the NET rate is the amount they will give you. The gross rate is the amount before tax. AER is annual equivalent rate which is how much interest you get each year (before tax). The gross is different as they give interest every month and since you gain interest on what they have alreay given you the gross rate is less.

[Ashhizzle]

Basically, the NET rate is the amount they will give you. The gross rate is the amount before tax. AER is annual equivalent rate which is how much interest you get each year (before tax). The gross is different as they give interest every month and since you gain interest on what they have alreay given you the gross rate is less.

bank nerd

I dno wth it all means, but i get 3p a month, from £30* in my bank (H)

*RUFFLY!

[Carlsta]

Mmm i get loads of 2p's and 3p's interest in my bank aswell it depends!

[DiscoPat]

so the net is interest per year? (3.72)