Albert rewards you by offering Savings bonuses on the money you save with us.
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Genius Savings bonus: Genius users receive an annual bonus of 0.25%, or 25 cents for every $100 in their Savings account over the course of a year.
- Savings bonus: Albert users receive an annual bonus of 0.10%, or 10 cents for every $100 in their Savings account over the course of a year.
How do Savings bonuses work?
Albert pays bonuses at the beginning of each month. If your bonus on a given month is less than 5 cents, you’ll receive that bonus the next month your cumulative bonuses exceed 5 cents.
When you receive a bonus, you'll see a transaction labeled "Bonus 😀" in your Savings transactions in the app.
Albert receives interest from our partner banks for holding your funds, and we share that interest with you as a Savings bonus. The interest rate we receive from our partner banks can change based on economic trends and changes to the Federal Reserve's interest rate benchmark. As a result, the Albert Savings bonus rate can increase or decrease in response to these changes .
