An update on getting interest paid on savings

[cookywook (Richard Cook)]

@Janus

@bea Can you please explain how this will work if I start a Pot with £1000 but then I withdraw part of that after few days… Will that saving pot remain active and keep getting 1% interest?

@Hatticus

Great point! Will it close if the balance dips under £1000?

You’ll need at least £1,000 in a Savings Pot to keep it open. If you try to withdraw an amount that would take you below £1,000, you’ll need to close the Pot.