HC Deb 24 July 2002 vol 389 c1579W
Mr. Willetts

To ask the Secretary of State for Work and Pensions whether(a) the basic bank accounts and (b) the proposed Post Office swipe card accounts will provide interest to people whose accounts are in credit. [72423]

Malcolm Wicks

The terms and conditions of basic bank accounts are a matter for the individual banks. However, basic bank accounts do not generally pay interest. The card account at the Post Office will not offer interest. Other accounts are available for people who wish to earn interest on account balances.