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Post by Jinvest on May 4, 2023 8:30:27 GMT
I noticed a significant drop in interest for April, compared with other months - am I missing some obvious reason for this?
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Post by Ace on May 4, 2023 12:16:38 GMT
My interest varies wildly from month to month depending on which loans repay. This month is on the low side, almost the same as in August 2022.
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Post by Jinvest on May 4, 2023 13:48:34 GMT
Thanks for replying, I too noticed April's was equivalent to Aug '22 interest which was also low.
Other than those two months, I've been very happy with the return I've had over a couple of years with UB.
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Post by redpete on May 4, 2023 15:57:53 GMT
My weekly interest since the beginning of the year has varied between £3.20 and £15.64, with the rolling 4-weekly interest varying between £17 and £53 - so yes, it does vary a lot. The 4 weeks to 28/4 are a little below the average but not by a lot.
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Post by df on May 4, 2023 19:16:54 GMT
I've noticed that in March-April I was depositing more than usual and haven't made any withdrawal since 8th Feb. Perhaps that will result in higher monthly interest in Sept-Oct.
As the others said, the monthly interest varies from month to month. Last month was notably low, but my Dec 2021 was even lower, March 2022 was significantly higher.
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