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You'll earn interest on your deposits every day after the settlement takes place. However, if your interest earned for that day is less than 0.01 USD, it won't be paid to you until the cumulative interest exceeds this amount.

For example, let's assume a constant balance of USD 3 and APR of 1.5%, compounded monthly. For the purposes of this example, we'll also assume there are 30 days in the month.

Month 1: Interest earned = (3 x 1.5% / 365)*30 = 0.004. Since the interest earned on Month 1 (0.004) is less than 0.01, it won't be paid out immediately.

Month 2: The interest earned on Month 1 + Month 2 (0.008) is still less than 0.01, so it won't be paid out yet.

Month 3: The interest earned for Month 1 + Month 2 + Month 3 (0.012) exceeds 0.01, so it will be paid out and added to your balance.

From Month 4 onwards, the same process will continue.