With Assets, your money is invested in a fund holding government-guaranteed assets. The fund aims to maximise current income through a portfolio of high quality short-term money market instruments and tracks the interest rate offered by the central bank of the currency — and unlike traditional bank accounts, your return will change soon after the central bank rate changes. We'll update the value of your money every working day, so there's no more waiting a month to get what's yours.

All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.

The GBP fund is called the BlackRock ICS Sterling Government Liquidity Fund and is offered through Wise Assets. View the Key Investor Document and Current Fund Information.

The EUR fund is called the BlackRock ICS Euro Government Liquidity Fund and is offered through Wise Assets. View the Key Investor Document and Current Fund Information.

The USD fund is called the BlackRock ICS US Treasury Fund and is offered through Wise Assets. View the Key Investor Document and Current Fund Information.

Learn more about how Wise Assets works

When you use Interest, you can send and spend your money whenever you want — including your gains.

If your money is in a jar, you'll need to move it to your main account if you want to spend it.

You can transfer up to 100,000 GBP (or equivalent) each day from Interest currencies. Any amount over 100,000 GBP (or equivalent) adds a processing time of up to 2 working days.

In certain circumstances we might need to temporarily limit the amount of money you can withdraw, send or spend each day. But you'd still always be able to get full access to your money within 2 working days.

Learn more about accessing your money

Interest is considered low risk because the assets the fund invests in are government-guaranteed.

The fund that Interest uses is designed to be stable and it's unlikely your money could go down in value. This could happen if interest rates get close to 0%, go negative, or if the government defaults on their debt.

Learn more about safety

For GBP: The annual fee is 0.55% and includes what you pay Wise (0.45%) and what you pay the fund manager (0.1%). This means you'll pay an annual fee of 5.50 GBP if you hold 1,000 GBP in Interest.

For EUR: The annual fee is 0.26% and includes what you pay Wise (0.16%) and what you pay the fund manager (0.1%). This means you'll pay an annual fee of 2.60 EUR if you hold 1,000 EUR in Interest.

For USD: The annual fee is 0.28% and includes what you pay Wise (0.18%) and what you pay the fund manager (0.1%). This means you'll pay an annual fee of 2.80 USD if you hold 1,000 USD in Interest.

Both fees are based on the daily amount you hold in Interest. The Wise fee is charged monthly and will be taken out of your account on the 1st of every month. The fund manager includes their fee in the value of your investment, so you won't see it charged as a separate fee.

Learn more about fees

Interest uses an offshore fund to deliver your returns. This means your earnings may count as both foreign income and capital gains.

We unfortunately can't give you tax advice, but you can learn more about requirements in different countries here. You can also request a report with information that can help you complete your tax return.

Learn more about taxes