diff --git a/app/Http/Controllers/Account/CreateController.php b/app/Http/Controllers/Account/CreateController.php
index bab54065d9..81ab82b9c8 100644
--- a/app/Http/Controllers/Account/CreateController.php
+++ b/app/Http/Controllers/Account/CreateController.php
@@ -96,11 +96,10 @@ class CreateController extends Controller
         ];
 
         // interest calculation periods:
-        $interestPeriods     = [
-            'daily'   => (string) trans('firefly.interest_calc_daily'),
-            'monthly' => (string) trans('firefly.interest_calc_monthly'),
-            'yearly'  => (string) trans('firefly.interest_calc_yearly'),
-        ];
+        $interestPeriods = [];
+        foreach(config('firefly.interest_periods') as $period) {
+            $interestPeriods[$period] = trans(sprintf('firefly.interest_calc_%s' , $period));
+        }
 
         // pre fill some data
         $request->session()->flash(
diff --git a/app/Http/Controllers/Account/EditController.php b/app/Http/Controllers/Account/EditController.php
index 8c2d083b13..06ae515db4 100644
--- a/app/Http/Controllers/Account/EditController.php
+++ b/app/Http/Controllers/Account/EditController.php
@@ -108,11 +108,10 @@ class EditController extends Controller
         ];
 
         // interest calculation periods:
-        $interestPeriods      = [
-            'daily'   => (string) trans('firefly.interest_calc_daily'),
-            'monthly' => (string) trans('firefly.interest_calc_monthly'),
-            'yearly'  => (string) trans('firefly.interest_calc_yearly'),
-        ];
+        $interestPeriods = [];
+        foreach(config('firefly.interest_periods') as $period) {
+            $interestPeriods[$period] = trans(sprintf('firefly.interest_calc_%s' , $period));
+        }
 
         // put previous url in session if not redirect from store (not "return_to_edit").
         if (true !== session('accounts.edit.fromUpdate')) {
diff --git a/config/firefly.php b/config/firefly.php
index 6bbb6b2429..ea0f90e122 100644
--- a/config/firefly.php
+++ b/config/firefly.php
@@ -309,7 +309,7 @@ return [
 
     // "period must be in this list" values
     'bill_periods'                 => ['daily', 'weekly', 'monthly', 'quarterly', 'half-year', 'yearly'],
-    'interest_periods'             => ['weekly', 'monthly', 'quarterly', 'half-year', 'yearly'],
+    'interest_periods'             => ['daily', 'weekly', 'monthly', 'quarterly', 'half-year', 'yearly'],
 
     // settings to translate X to Y
     'range_to_repeat_freq'         => [