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How to calculate my interest on Fixed Account
How to calculate my interest on Fixed Account

You can check the amount in the Details module of your account.

Sofia avatar
Written by Sofia
Updated over a week ago

Where to check my scheduled interest

If you create a Fixed Account, you will get your deposit amount at the end of your holding period. To check the amount, you should go to the Interest Account menu and choose the Fixed tab. After choosing the desired account, click the Details button. Check the Scheduled Interest field to see the amount of interest you will receive. If you have the Monthly Interest option enabled, you can also see your next payment day and next monthly payment.

Details button – Web platform

Account Details – Web platform

After your fixed period is over, the initial deposit (plus your earnings if you don't have the Monthly Interest option enabled) is automatically credited to your Wallet.

How to calculate my interest on Fixed Account using the annual rate

When you set up your Fixed Account, you choose your annual rate and holding period. You can calculate your interest rate for a certain account using the following formula:

Annual Rate / 12 * X months

Where:

X months is the number of months of your chosen account term.

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