Is the interest calculated from what is in your account, on that day? Or is calculated across the entire month?

If it's the former, it would explain why I got more interest than I expected, at times. Especially when I had very little in the account until the end of the month.
Originally posted by binaryuniverse

It is the former.

Interest is calculated on the balance at the close of business daily.

When you get good at it and figure out the time of close of business, a whole world of possibility's opens up.

Who is online

Users browsing this forum: No registered users and 1 guest