I've been in ovo long enough to now be on the 4% interest level. I'm interested in maxing this out given the state of savings rates in the high street. It says it will pay interest up to £1,000 credit. My predicted annual amount is £888 with a £74 monthly DD. So theoretically, can I bump up my DD to £157/month which would equate to £1,800 by the end of the year? Or better, do a one off DD of £1,000, then revert to £74?
Best answer by Lucy_OVO
You might as well take advantage of this @idom
! You can earn the interest on a credit balance up to £1,000.