*The Annual Percentage Yield (APY) is accurate as of . The interest rate and corresponding APY for savings and money market accounts are variable and are set at our discretion. Interest rates may change as often as daily without prior notice. For balances over $5MM, contact a Relationship Manager at 844-678-2726 for current rates. Fees may reduce earnings.
We use the daily balance method to calculate the interest in your account. This method applies a daily periodic rate to the daily collected balance in your account. The Collected Balance is the balance of all deposits in your account on which we have received credit for the deposited funds (determined by the availability schedule of our Federal Reserve Bank for non-cash items). All BofI Checking and Savings accounts are variable rate accounts.
See our BUSINESS DEPOSIT ACCOUNT AND ONLINE BANKING AGREEMENT for details.