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  • How do you calculate interest?

Hello,

Considering €10000 is maximum, does it mean I get €27 at the end of the month?

How often is it calculcated? If half month I have €10000 and half month I have €5000, do I get 75% of the €27?

Thanks,
Andi

    @Alexandru-Olive-Puma#128260 Hi Alexandru,
    You're not exactly right about this. A couple of things to consider

    1. The interest is given to a maximum balance of €10.000,-

    2. The interest is 0,27% on a yearly basis

    3. The interest is paid out monthly

    Given this, you can calculate that for 10.000 you would receive €27,- on a yearly basis. But, since bunq pays out per month, this is divided by 12, meaning that you will get €2,25 in interest per month.

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