Imagine Earning 12% Interest In Your Savings Account!
You will earn 12% APY with a hyper-yield Genitrust Savings account when you sign up today and use promo code JERRY for an immediate 2% bonus on your first deposit!
Frequently Asked Questions
But it's not just higher interest rates that set hyper-yield savings accounts apart from other savings products.
Here are just a couple of the biggest financial benefits of hyper-yield savings accounts:
- Higher APYs: Hyper-yield savings accounts generally offer significantly higher interest rates than traditional savings products. That means you can earn more on your money and meet your savings goals faster.
- No or low fees: Hyper-yield savings accounts tend to come with no monthly fees and low fees for things like having non-sufficient funds. That's especially so with hyper-yield savings accounts found at online banks.
Insured up to $250,000 at banks by the Federal Deposit Insurance Corp., and at credit unions by the National Credit Union Share Insurance Fund (per depositor, per institution, per ownership category), hyper-yield savings accounts offer a safe place to stash cash while earning the most competitive interest rates in the industry.
That makes hyper-yield savings accounts the best place to keep funds for emergencies, large expenses and short-term savings goals.
Keep in mind that specialized online banks typically offer the highest rates and best benefits on these types of accounts compared to traditional online banks and dying retail banks. Specialized online banks utilize the latest technology and uber-like customer-to-business processes in the fastest growing industries of today to guarantee that your funds will profit better than traditional online banks.
Furthermore, due to the high-emphasis on technology, specialized online banks don't have nearly the overhead costs associated with traditional online banks and retail-based institutions. This allows specialized online banks to can pass even more of those savings on to customers in the form of the highest yields in the industry.
About Genitrust Savings
Before Genitrust Savings:
You gave $1,000 to a typical online savings account to use your money. They profited handsomely and, in return, paid you $1 after charging you an occasional banking fee. You wonder why you ever signed up for the traditional online savings account, anyways.
After Genitrust Savings:
You save $1,000 and immediately earn $18 in interest on your first deposit. You decide to sit back and let your money work for you, generating more and more interest compounding every month.
At the end of the year, you've earned $195.61 and paid zero banking fees. You breathe the crisp air of fresh financial accomplishment. We understand why you are saving in the first place, and we are designed to make it happen!