Understanding how your money is performing when you hold it as Interest

How to check how your money is performing

The fastest way to check your Assets' performance is via the app.

1. Log into your Wise account in the app 

2. Go to your Balance or Jar held as Interest 

3. Click on the Interest button

The return you’ve made since switching is shown in green. This is how much your money has increased or decreased in value since you switched it to an interest-earning fund. Your return is updated every working day. The value of your balance will automatically increase by the same amount shown in green. 

Standard and Accounting statements

You can access your statements on your Wise account.

1. Log into your Wise account in the app 

2. Go to your Balance or Jar held as Interest 

3. Click on More and select Statements and reports

4. Choose the type of statement you'd like to download.

In both statements there'll be a line above the last transaction called Earnings since start.

Earnings since start shows you the difference between holding money as Interest vs. Cash since the day you started investing.

If the price of the fund unit dropped since you invested your Balance or Jar, you may see a negative amount as Earning since start. 

Paying taxes on your money held as Interest

Please note you may be liable to pay tax on any gains that are in excess of your relevant annual tax thresholds.

Learn more about the taxes you might need to pay