Need a hand?

Just pop your question below to get an answer.

Interest and fees on Flexible Accounts

Interest and fees in your Flexible Account are calculated every day using the Annual Percentage Yield (APY) applied to the invested principal. You'll see the interest reflected in your account once it accumulates to more than $0.01 (or the respective currency). Any interest not withdrawn by the end of the month is reinvested on the first business day of the following month, benefiting from compounding.

How interest is calculated

Interest on your investments starts accruing on the day after your funds reach the fund manager.

For example, investing €10,000 on a given business day (Day 1) at 9am Eastern European Time (EET) into your EUR Flexible Account with an APY of 3% would mean you'd have €10,001.64 on Day 3:

  • Day 1: €10,000
  • Day 2: €10,000 + (€10,000 X 3%/365) = €10,000.82
  • Day 3: €10,000.82 + (€10,000 X 3%/365) = €10,001.64

Interest calculations assume that orders submitted before the 10am EET cut-off reach the fund manager on the same day and that the APY remains without variations on Day 2 and Day 3, although it may vary daily.


Opening or closing Flexible Accounts incurs no fees. However, an annual service fee is deducted daily from earned interest based on your money market funds holdings.

Fee details are available under the interest transaction in-app or in our Ex-ante Costs & Charges Disclosure document, and can also be found in-app by tapping 'Details' on your Flexible Accounts home page.


Annual Percentage Yield (APY) represents how much interest you'd earn on an amount of money held in an investment (like MMF through Flexible Accounts) for an entire year if the APY would remain constant (which in practice it doesn't, as it changes daily) and after deducting fees.

The APY allows you to compare the returns of different investments.