The interest rate in Animal Crossing: New Horizons is 1.5% per day. This means that if you have 10000 bells in your account you will earn 150 bells in interest every day.
There are a few things to keep in mind when it comes to the interest rate in Animal Crossing: New Horizons. First the interest is only paid out once per day so it is not possible to earn interest on multiple days worth of bells. Second the interest is only paid out on the bells that are in your account at the time that the interest is calculated so if you spend any of your bells during the day you will not earn interest on them.
Third and perhaps most importantly the interest rate in Animal Crossing: New Horizons is not compounded. This means that the interest you earn each day is not added to your account balance so you do not earn interest on the interest you have already earned. This may seem like a small difference but it can have a big impact on how much interest you earn over time.
Assuming you have 10000 bells in your account and do not spend any of them you will earn 150 bells in interest every day. After 30 days you will have 15000 bells in your account (10000 bells + 30 days x 150 bells). After 60 days you will have 18000 bells in your account (10000 bells + 60 days x 150 bells).
As you can see the longer you leave your bells in your account the more interest you will earn. However the interest rate is not compounded so you will not earn interest on the interest you have already earned.
If you are looking to earn the most interest possible you should deposit your bells into the savings account at the Nook Stop in the Residential Services building. The interest rate on savings accounts is 0.5% per day which is half the interest rate of regular accounts. However the interest is compounded so you will earn interest on the interest you have already earned. This means that the longer you leave your money in the savings account the more interest you will earn.
Assuming you have 10000 bells in your savings account and do not spend any of them you will earn 50 bells in interest every day. After 30 days you will have 12500 bells in your account (10000 bells + 30 days x 50 bells). After 60 days you will have 15000 bells in your account (10000 bells + 60 days x 50 bells).
As you can see the interest rate on savings accounts is lower than the interest rate on regular accounts but the interest is compounded so you will earn more interest over time.
If you are looking to earn the most interest possible you should deposit your bells into the savings account at the Nook Stop in the Residential Services building. The interest rate on savings accounts is 0.5% per day which is half the interest rate of regular accounts. However the interest is compounded so you will earn interest on the interest you have already earned. This means that the longer you leave your money in the savings account the more interest you will earn.
Assuming you have 10000 bells in your savings account and do not spend any of them you will earn 50 bells in interest every day. After 30 days you will have 12500 bells in your account (10000 bells + 30 days x 50 bells). After 60 days you will have 15000 bells in your account (10000 bells + 60 days x 50 bells).
As you can see the interest rate on savings accounts is lower than the interest rate on regular accounts but the interest is compounded so you will earn more interest over time.
Is there an interest rate in Animal Crossing: New Horizons?
No there is no interest rate in Animal Crossing: New Horizons.
