Skip to main content
All CollectionsAccount Info
How Is Interest Paid?
How Is Interest Paid?

Does interest compound continuously or monthly?

Karli Kouris avatar
Written by Karli Kouris
Updated over a week ago

Interest on your new account starts accruing interest on the first day of deposit.

Hingham pays continuously compounding interest. This means that your account balance is always earning interest. At the end of the month, the interest is credited to your account.

Did this answer your question?