How is interest applied?

Interest rates increase over time. The longer you save, the higher the rate. We start you off at 6% for the first 30 days, 7% for the next 60 days and then boost you to 9% after 90 days. If you’re willing to wait for 10 days to get your money, we will give you a bonus that will take the maximum interest you can earn up to 10%.

You will continue to earn interest over this 10-day period and that interest will be added to the total amount transferred, along with your bonus, into your EveryDay account.

Posted in: