Brand new for Plus members — earn 3% interest on cash, up to £4,000 :plus_:

Wouldn’t it be because the interest is compounded?

eg. The interest on the next month’s payment would be calculated from the £4000 + the interest from this month, so next month you would receive the interest from £4009.72 … and so on…

Over the course of the year the interest per month would get slightly higher. After the full year, it would add up the overall expected figure.