Why is Credit Interest > Ending Accrual Balance the last day of the month

Discussion in 'Interactive Brokers' started by Maverick2608, Jan 28, 2024.

  1. The final credit interest for the month is credited to the account typically between the 3. or 5. day of the following month.

    The final credit interest is always higher than the ending accrual balance the last day of the month.

    Is is it due to value days or?