Today I discovered in the eToro Club dashboard that I am eligible for this, and I turned it on, so it is not automatically turned on.
So if you are also eligible, then you also need to turn it on in the settings in your eToro Club dashboard.
Currently eToro is offering a yearly interest rate of 3.50% for uninvested balance for balances below $50 000 USD, and a yearly interest rate of 4.30% for balances more than $50 000 USD.
So for example if you have around $100 USD in uninvested balance, then eToro will pay around $3.50 USD annually to you, which is around $0.29 USD per month.
According to eToro, the interest is calculated daily, and it is paid monthly on/before the fifth day of every month.
And there is no compound interest in this case, so users do not earn interest on interest in this case.
And there is no lock-in or staking in this case either, so you can withdraw your money anytime.
As of today (2025.09.12), these values are true for the European Union, United Kingdom, Jersey, Gibraltar, Guernsey and the Isle of Man regions.
Other regions may have other percentages and other values, and of course the above mentioned percentages and values also can change anytime.
You can read more about this on the website of eToro: Interest on Balance.
Of course this is not an investment advise.
I am a beginner investor, not a financial expert/advisor.
Everyone should do their own research before investing any amount of money into anything.
I wish successful investing to everyone.
