Understanding when dosh processes rewards and interest payments is essential for managing your account. This article provides detailed information about the payment schedule for Phone Dollar rewards and interest payouts.
Phone Dollar rewards on everyday spend:
Phone Dollar rewards earned with your One NZ dosh Visa debit card, are paid into your One Wallet on a specific monthly schedule:
Payout Date: Phone Dollar rewards are credited into your One Wallet on or before the 7th business day of each month.
Phone Dollar rewards on home loans:
Phone Dollar rewards earned by settling on a home loan with dosh will be paid into your One Wallet upon settlement of your home loan. This could take a day or two to show in your One Wallet.
Interest Payments
Interest payments follow a separate payout schedule and timing:
Payout Date: Interest is credited on to your account on the first day of each month.
Timing on Payout Day: If your account is scheduled to receive interest on a particular day, the payment will be credited by the end of that day.
Important Notes
Always ensure your account information is up-to-date to avoid delays in receiving either rewards or interest payments.
If you notice discrepancies in your payments, contact dosh Support for assistance.
Understanding these schedules will help you anticipate when to expect rewards and interest payments in your account.