Deposit Interest Calculator
This calculator is provided by Bright Law for informational purposes only. It is not a substitute for legal advice. The interest rates used are based on publicly available data from the BC courts and may change over time. We do not guarantee the accuracy or completeness of the calculations. Always verify the results independently before relying on them in legal pleadings or proceedings. If you need legal advice or assistance, please contact our office directly. If you would like to book a consultation online, you may do so by clicking here.
Please enter the date that your monetary order was pronouned below, and the date you wish to calculate interest to (i.e., the day before the date of your payment hearing. If left blank, interest will be calculated until today's date). The calulator will begin its interest calculation from the following day until the second date you select, below. If you received any payments, please enter each date and amount first, before selecting 'Calculate'.
If you wish to refer to these calculations at a later time, we recommend that you print this page through your browser menu.
This calculator estimates interest payable on a British Columbia residential tenancy security deposit or pet damage deposit using annual rates published by the Residential Tenancy Branch. It is provided by Bright Law for informational purposes only and is not legal advice. Please verify important amounts with the official RTB calculator. Enter the amount of one deposit, the date it was paid to the landlord, and the date it was or will be returned. The calculator applies the published rate for each calendar year and counts the applicable days in that year. If you wish to refer to the calculation later, print this page from your browser menu.
If you received any partial payments from the debtor, please add these payments below before selecting 'Calculate".
Your deposit interest results will show up here.