How does depositing work?
We collect your ‘Saved this week’ total on Wednesday at midday, then debit this from your bank account via direct debit early the following week (usually on Monday). You’ll see this added to your balance the next day after the direct debit, and will begin accruing interest on the Thursday.
The minimum amount you can deposit is £1.
For cash accounts, interest is calculated daily and paid out on the first working day of the month.