What is Annual Percentage Yield (APY) and how can I earn it? What is Annual Percentage Yield (APY) and how can I earn it?

What is Annual Percentage Yield (APY) and how can I earn it?

Annual Percentage Yield (APY) is the total rate of return you can expect to earn from interest on your balance plus compounding for a calendar year. How often interest is credited and the frequency of compounding are also factored into the calculation. 


Your interest is calculated based on your monthly average available balance and is credited to your account monthly. 


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