When will I start earning interest on my money?

Interest begins to accrue on the day your funds are credited to your Account.

If funds fail to clear, both the deposit and any interest earned will be reversed.

In the event that your Account is closed before the end of a monthly statement cycle (on or before the 15th of the month), no interest will be paid for the period beginning on the 16th of the prior month through the date of closure.

For additional information regarding interest on deposits, please see Section 9(b) of the Pibank Deposit Agreement.