In order to maximise your earnings the default setting on your account is set so that payment is automatically reinvested in new loans. This means you earn interest on your interest. Reinvesting obviously means that you do not have the same access to your money as if you have it set to go to your available balance.
If you are not automatically reinvesting your interest, the funds will show in your available balance, from there you can withdraw to your nominated bank account or re-invest if you choose to.
You can change your auto-reinvest settings any time by signing in to your account and going to My Account > Manage Income
Good to Know
If you haven’t already done so, you will need to enter your bank account details. Your bank account will then need to be validated. This can happen instantly, but sometimes we might need to see a copy of a recent bank statement. If we do, we will send you a request to upload your bank statement via our secure third party verification partner called Hooyu.
Once your bank account has been validated you can select how much to withdraw and we will send it to you as quickly as possible - although this can take up to 3 business days.