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.

Does Kensington Capital pay interest on credit balances?

April 26, 2017balances Capital credit kensington pay

0

Posted

Does Kensington Capital pay interest on credit balances?

1 Answer

0

Posted

Yes. By default, cash balances of $500 or more earn an annual interest rate of 0.025% (as of 9/01/2010). If your cash balances are swept into a money market portfolio, you will earn the current interest rate for that portfolio. Money market rates are updated regularly on our pricing details.