royal bank savings

[polly1]

i have recently opened a royal bank of scotland instant savings tracker and put the money i made from my flat sale in it. i explained to the bank that this would be temporary and I would be looking to use the money to buy another flat in the next few months. i have since found out the interest is only added once a year in March - any advice please, perhaps to switch to another account where i earn the interest monthly say?

[EverClean]

It's added once a year but accrued daily. They will pay up to date interest on closing the account or in March will pay interest based on amounts deposited per day for the whole of the year.

[Loosehead]

As everclean says, even if the money is gone you will still get the interest in march for the days it was actually there.