Earnr Support

Banks make it difficult to understand what your interest rate actually is. An advertised interest rate on an account might sound great, but what really matters is - what rate you're actually getting.

Earnr makes it easy to see the actual interest rate you're getting on each account, and your average rate across all your accounts.

Viewing the average rate on each account type

This is really helpful when optimising your savings - as it allows you to easily compare the current average rate you're getting for each account type.

Head to 'Accounts' in the Earnr App or log into Earnr Online.

Here, you'll see how your money is split between the different account types, and, the current average interest rate each in account type.

For example, the 30 Day Notice Account pays a different rate on the first $250k than the next $500k. If you had $300k in the notice account, the rate you'd see on this page is the actual weighted average rate for the full $300k.

Viewing your average rate across all accounts

In the summary area at top of the 'Accounts' page, next to your total balance, you'll see Average Rate.

This is the weighted average return across all the accounts held by the account holder (which is shown at the very top of the page).

If you have more than one legal account, you can toggle each legal account in the top menu to see the account types and all-in rates for each legal account.

For example, you could switch between your individual and SMSF accounts.

When you open the Earnr App or log into Earnr Online - you'll land on the Earnr Home page.

Here, you'll find 'Average return' which is the actual weighted average interest rate you're getting across all the Earnr accounts you have access to.

What does the average rate on the home page represent?

When you open the Earnr App or log into Earnr Online - you'll land on the Earnr Home page.

Here, along with the Total Balance across all the Earnr accounts you have access to, you'll find  'Average Rate'

This is the current weighted average interest rate across all the accounts you have access to. Using the example above, it's the combined current average rate for your individual and SMSF accounts.