top of page

You deserve more

Our Savings Vault Rate is more than 9x the national average

At Elroy, we believe that your hard-earned money should work just as hard for you. That's why we're proud to offer a competitive APY of up to 4.25% on our Savings balances* - that's more than 9 times the national average of 0.46%! You'll earn more money on your deposits, giving you the opportunity to reach your financial goals faster. 

1 - The FDIC began posting the National Rate and Rate Cap on May 18, 2009. Data is not available prior to May 18, 2009. Data from May 2009 through March 31, 2021, reflects the calculation in effect at that time (averages weighted by branch, and not including credit unions), while data posted after March 31, 2021, reflects the calculation described above.

This historical data can be accessed at Previous Rates.

*Interest rates are plan-dependent. No minimum balance required to earn the stated rate with the Premium Plan.

Copyright © 2024 IDT Payment Services, Inc. DBA Elroy. All rights reserved.

  • Facebook
  • Twitter
  • Instagram
  • TikTok

IDT Payment Services, Inc. DBA elroy (formerly Wallet by BOSS Money) is a financial technology company, not a bank. elroy Checking Account and Debit card are provided by Evolve Bank and Trust, Member FDIC. Your deposits are FDIC insured up to $250,000 through Evolve Bank and Trust. The elroy Mastercard® Debit Card is issued by Evolve Bank and Trust, Member FDIC, pursuant to a license from Mastercard®. See your applicable cardholder agreement for details.

Certain services are offered through Synapse Financial Technologies, Inc. and its affiliates (collectively, “Synapse”). Synapse is not a bank and is not affiliated with Elroy. Brokerage accounts and cash management programs are provided through Synapse Brokerage LLC (“Synapse Brokerage”), an SEC-registered broker-dealer and member of FINRA and SIPC. Additional information about Synapse Brokerage can be found on FINRA’s BrokerCheck. See Synapse Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information. The Partner Financial Institution(s) participating in a Synapse cash management program can be found in the List of Program Banks.

Money transfer services are provided by IDT Payment Services, Inc., a licensed money transmitter (NMLS 935577, MA FT935577), or IDT Payment Services of New York LLC, licensed as a Money Transmitter by the New York State Department of Financial Services. 520 Broad Street, Newark, NJ 07102

bottom of page