Payout after first full month
You will receive your first monthly payout after your first full month of participation.
The funds will be automatically transferred to the bank account you provided, when signing up, on the first bank day of the next month.
I.e. If you sign up on June 26th, your first payout will be made on August 21st and so on of every month following.
Please note
In most cases, the payment will happen within 5 bank days. This will depend on which financial institute you have.
|
Step |
Month |
Description |
|
1. Sign-up |
Month A |
You sign up for Grid Rewards during this month |
|
2. Active Participation |
Month B |
Your first month of earning rewards through grid participation
|
|
3. Payout Notification |
15th of Month C |
You receive a PDF from CheckWatt detailing how much you will be paid for Month B
|
|
4. Payment Executed |
21st of Month C |
The payout is transferred to your registered IBAN account |
|
5. Funds Received |
Up to 5 banking days after 21st |
Depending on your bank, the money may take a few days to appear in your account |