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What is an Earnings Credit?
The monthly earnings credit is figured by multiplying the average collected balance by the current earnings credit rate (the 91-day T-bill rate) by the number of days in the statement cycle and dividing by 365. The Earnings Credit can be used to offset some or all of your monthly activity charges. Excess Earnings Credit does not carry forward to the next month. Earnings Credit is not interest.  Commercial interest-bearing accounts are not eligible for earnings credit to offset the monthly activity charge.