The Reinvest feature allows you to automatically use your accumulated interest to purchase more bonds, helping you grow your investment effortlessly. By enabling this option, your available interest balance will be converted into bonds during the next day’s scheduler, providing a seamless way to compound your returns.
How Reinvest Works
Automatic Conversion
Once you enable the Reinvest option, your interest balance will be reviewed during the next day’s scheduler.
Interest is converted into bonds at a 10x conversion rate, meaning every $10 of interest purchases one bond.
Example of Conversion
Suppose your interest balance is $54.68:
5 bonds will be purchased using $50 (at $10 per bond).
The remaining $4.68 will stay in your interest balance.
The remaining balance will continue to accrue interest and will be used for future bond purchases once it reaches $10 or more.
Ongoing Reinvestment
After the initial reinvestment, the process will repeat automatically whenever your interest balance meets or exceeds $10.
This ensures a consistent and hands-free way to maximize your investment.
Benefits of Reinvesting
Compounding Growth: Automatically grow your investment by reinvesting your interest.
Hassle-Free: Set it and forget it—no need to manually purchase bonds.
Maximised Returns: Make the most out of your interest by turning it into additional bonds.
How to Enable Reinvest
Log in to your account via the web app at https://app.compoundbanc.com/.
Navigate to the Reinvest settings section.
Enable the option to start reinvesting your interest.
If you have any questions about the Reinvest feature or need assistance setting it up, feel free to contact our support team. We’re here to help you make the most of your investment!