Your reward is calculated as an annual percentage and is paid into your account at the end of each month. This percentage may change from time to time—if we ever need to reduce the rate, we’ll always give you at least 30 days' notice so you’re kept in the loop. You can always see the latest information in your Kestrl app.
As an example of how this works;
You have £1,000 stored in your Kestrl Account
The Annual reward rate is 2.5%
Your balance remains at £1,000 for the entire month (30 days)
You will be rewarded with £1,000 x (2.5%/365) x 30 days
Your total reward for this month is £2.05 GBP