Interest will post to your Savings Account or Jars when your statement cycles. Your very first statement cycles one month from the day you open an account with Milli and on the same day of the month going forward.

As an example, let’s consider an account that was opened on the 28th of a given month. The account’s billing cycle will run from the 28th of that month through the 27th of the following month. Any accumulated interest will be applied to the account on the 27th of each month, and the account statement will be made available on the 28th of each month.