When do I start earning interest on my Savings Account? As soon as you put money in there. The sooner you start, the better! Related articles Can I get cash from my Savings Account at an ATM? When is interest paid on my Savings Account? Can I use my Savings Account to cover unintentional overdrafts on my Varo Bank Account? Is there a minimum balance for a Savings Account? Are my Savings deposits FDIC insured?