Does my Simple account earn interest?
Yep! All Simple accounts earn interest. For details, check out our Simple Checking Account Truth-in-Savings (TIS) Account Disclosure here and our Protected Goals Account Truth-in-Savings (TIS) Disclosure here.
How is the interest calculated and credited?
Interest is calculated daily (we apply a daily periodic rate to your daily collected balance) and credited to your account at the end of each month. Protected Goals Account interest earned is credited to your "Savings Goal".
How can I learn more about Protected Goals Accounts?
This support article dives into all you need to know about our Protected Goals Accounts.