It’s free to open an account. We also don’t charge any ‘platform’ fees.

You pay: a flat 0.20% p.a on total assets under arrangement for the Treasury Product. This is annualised, calculated daily and deducted automatically monthly. Read more about our fees here.

The interest rate shown on Round is inclusive of all fees. This includes BlackRock’s management fee for the fund, as well as Round’s fee.

We hold a small amount of each deposit in a fee reserve from which we draw down fees as mentioned above. You can read more about the fee reserve here.