Cash Flashcards
1
Q
What are the new cash interest rulings on GBP?
A
1.25% on balances between £1 and £99,999, 1.75% on balances £100,000 to £249,999, 2.25% £250,000 and over
2
Q
Are there any foreign currency rulings?
A
1.00% on balances of US dollars over $100,000
3
Q
When is this paid?
A
The interest is credited twice a year - at the end of March and September
