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# Barclays 2 year saver.

It says 3.00% AER and later on says

"interest paid monthly"

so do you get 3.00% interest every month or 3.00% paid at the end of the two years?

If the later, how much interest do you get a month?

Original Poster

barclays.co.uk/Sav…978

for example, how much would you get back if you invested around £7k

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AER = annual equivalent rate

Original Poster

Yea i know that. That didn't answer my question?

Isn't it £210 minus whatever tax you have to pay?

Roughly £14 month after tax has been taken out at standard rate.

Banned

mus_ne

Yea i know that. That didn't answer my question?

Yes it did! I guess you need reminding:-

so do you get 3.00% interest every month or 3.00% paid at the end of the two years?

so even you can work out 3.0% is the annual rate from my answer lol

in case you need help with the maths for your second question:-

7500 x .03 / 12 = £18.75 gross pcm.

Had to chuckle at you thinking they might be paying 3.0% PER MONTH - WTF!
Edited by: "csiman" 27th Oct 2010

Banned

in case you need help with the maths for your second question:-

7500 x .03 / 12 = £18.75 gross pcm.

Banned

lol even harder at the prospect of someone paying 3% interest per month - WTF!

Banned

Predikuesi

Isn't it £210 minus whatever tax you have to pay?

£225