This isn’t about the current crisis so I completely understand if this doesn’t get answered immediately, compared to a lot of questions on here, this is not important at all, but it’s on my mind so I thought I’d ask.
Last May I closed an ISA with a local building society. Today I received a statement from the same society showing that the account is closed but saying that there is still a balance of around £80.
Is it normal for accounts that are closed during a particular financial year to still have interest added at the end of that financial year? If so, what happens to that interest?
Thanks a lot. Stay safe everyone.