Yes. Eligible balances in your Hamilton Rock accounts can earn Earnings Rewards.
Earnings Rewards work in a similar way to interest or APY at a traditional bank, but because Hamilton Rock is a financial technology company and not a bank, we describe this as a reward on your balance rather than interest.
The reward is calculated using an earnings rate equivalent to 1.39% (Deleted: APY), accrued daily based on your eligible balance, and credited to your account monthly.
This means your business can earn more on idle cash, while your funds remain securely held at our partner bank.
For full details, please see the Earnings Rewards Terms.
Banking services are provided by Fifth Third Bank, N.A., Member FDIC. Hamilton Rock is a financial technology company, not a bank.