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Debit Interest

Posted by rsbesteban1 rsbesteban1
Message 1 of 2 261 Views

Hi,

 

I am wondering why is my debit interest is going up, i compared my debit for the last three months from April - June 1388, 1338 and 1466 respectively

Can you please let me know how you calculate it

thanks

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Re: Debit Interest

Posted by DanaeC DanaeC
Message 2 of 2 234 Views

Hi @rsbesteban1, thanks for getting in touch.

Interest is charged or earned based to the number of days in the month, the interest rate and the balance of the account. As each month has a different number of calculated days (due to weekends and any public holidays), the amount of interest will fluctuate.
 

Via the Forum we are unable to view or provide any personal information I'm sorry, though if you were looking for figures specific to your account you can log in to Online Banking and select "Ask Us" via the Mobile App menu, or "Message us Now" from a PC, and our Online Team would be happy to help out at any time, 24/7. Alternatively if you can't access Online Banking, you can give us a buzz at any time on 13 17 19.

 

Hope this helps.

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