Get quick answers to common questions about our products and services.
When is interest paid?
Interest is accrued daily and paid out monthly on the 1st of the following month. If you close your account at any point in the month, any accrued interest up to the date of closure will be paid out immediately.
More in Interest
- Can Griffin change the interest rate on my account?
- Do you round off daily interest accrual?
- How do I find out my interest rate?
- How is my interest calculated?
- What accounts earn interest?
- What are interest rates?
- What happens to interest if a customer closes their account?
- What happens to interest if a customer withdraws all their funds?
- What interest rates does Griffin offer?
- What is a gross interest rate?
- What is AER?
All FAQ collections
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Learn more about how interest and commission work at Griffin, when you can expect to be paid, and how we manage rate changes.
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Find out what payment types we support, our payment limits, and Confirmation of Payee.
- Sandbox· 8 answers
Our sandbox is available to everyone, free forever, and can be used to trial our products and build test integrations.
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Learn more about Verify, our automated KYC/KYB onboarding solution for fintechs.