![]() ![]() There are no minimum balances or minimum deposits required to earn interest on your account.Ģ Your deposits qualify for up to a maximum of $2,500,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000. APY will vary between 1-3% depending on the balances held. and may be used everywhere Visa® debit cards are accepted.ġ The interest rates and annual percentage yield on your account are accurate as of 05/16/23 and are variable and subject to change based on the target range of the Federal Funds rate. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Banking services and FDIC insurance are provided through Thread Bank 2,3 Members FDIC. Relay is a financial technology company, not an FDIC-insured bank. Stuck? Step-by-step guides to get answers fast Learn to manage cash with Relay in our live webinar and Q&A Insights and advice for small business advisors Stay on the money with these actionable tools and strategies Get rewarded and grow your firm with RelayĪdvisors share what makes their firm successful The money management platform built for you and your clientsīecome a Banking Partner to help your clients bank smarter Review, approve and pay bills within business bankingĭirectly sync ultra-detailed transaction dataīusiness banking and payroll together at last Relay is the official banking platform for Profit FirstĪutomated savings that earn you 1% to 3% APY 1 Know precisely what you’re earning, spending and saving
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