Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How often is interest paid?

April 26, 2017paid

0

10 Posted

How often is interest paid?

1 Answer

0

10 Posted

Interest is paid monthly based on whether the requirements were met the previous month. For example, if the requirements were met in January, the qualifying rate will be earned for the balances in the account in February and will be paid at the end of February.