When will I start earning interest on my money?

Interest begins to accrue as soon as your funds are credited to your account. Transfers made through Plaid before the cutoff time of 12:00 noon, typically take within three (3) business days, while wire transfers received before the cutoff time of 3:00pm are credited on the next business day. If the wire transfer is made after the 3:00pm cutoff time, it will be credited within *two (2) business days. *Please note: Federal holidays and weekends (Saturday and Sunday) are not considered business days.

For more details, please refer to your Pibank Deposit Agreement. We also recommend consulting with the financial institution you’re transferring funds from for information on their cutoff times and fee schedules.

Pibank does not charge fees for wire transfers; however, the bank sending or receiving the funds may charge fees for outgoing and incoming wire transfers.