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What is interest on your credit balance?

What is interest on your credit balance?

Interest on your credit balance is the amount of interest paid on the cleared credit balance of your account.

Not all our accounts pay interest on credit balances. Interest is paid on the daily, cleared credit balance on your account unless the account specific terms for the account state otherwise.

Interest will be calculated and paid in the manner and at the rates set out in our rates and charges(opens in a new window).