When you fund your account, the funds will be credited to your BlockFi Wallet. The BlockFi Wallet is a non-interest-bearing account that allows you to easily buy, sell, and store your cryptoassets, without any rehypothecation on the back end. US-based clients are not able to transfer funds from the BlockFi Wallet to the BlockFi Interest Account (BIA). Only non-US based clients will be able to accrue crypto interest on a monthly basis the day after you transfer assets from your BlockFi Wallet to your BIA. You will receive a crypto interest payment for the number of days the asset was in your Interest Account.
For example, in a month with 30 days, if you transfer funds to your BIA on the 15th, you will earn ~15 days worth of crypto interest.
If you transfer funds to your BIA on the 20th, you will earn ~10 days worth of crypto interest. Each instance is prorated based on the number of days that the funds were held in the account.