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How do I receive interest on my account balance?

How do I receive interest on my account balance?

By transferring money into your Bano account, you will be eligible to receive 2% interest (effective interest rate: 2.018%). Currently, only positive accounts in a Bano AUD account will receive interest and this is only applicable to active Australia-based users.


To be eligible to earn interest payments, you need to supply your Tax File Number (TFN) to Bano. 

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