How is Cash Optimiser Interest calculated and paid?

Interest for each day is calculated using your eligible cash balance for that day. We capture this balance at approximately 3:00am the following morning. Your updated accrued interest will generally appear in Cash Optimiser around 4.30am that same morning. All times are Sydney local time. Processing delays may occasionally affect both when the balance is captured and when the updated accrued interest appears in Cash Optimiser. 

Monthly Interest Payment: Accrued interest is credited directly to your Webull account monthly on the second business day of the following calendar month. 

Minimum Payment Threshold: If your total accrued interest for a calendar month is less than AUD $0.01, no interest payment will be made for that month.  Any amount below this threshold will not carry forward or accumulate into subsequent months. 

Statements: Details of interest accrued and paid are available on your monthly account statements and account activity reports.