Services provided by PeoplesBank, Holyoke, MA.
ZYNLO® is a registered trademark of PeoplesBank
1Zyng automatically rounds up debit card purchases to the nearest dollar and transfers that amount from your Zynlo Spending Account into your savings account After the first 100 days, we will continue to match 100% of that amount if you maintain an average daily balance of $3,000 in your Spending Account. For Spending Accounts that maintain less than the $3,000 average daily balance we will match 25%. Match dollars will be deposited into your Zynlo mobile spending account at the end of each statement period.
2Minimum to open the account is $10. The minimum balance to obtain the Annual Percentage Yield is $.01. This is a variable rate account, subject to change at the bank’s sole discretion. Interest is earned daily and credited monthly. Interest begins to accrue on non-cash items the day of deposit. Service charges may reduce earnings.
2The average national savings account interest rate of 0.06% Annual Percentage Yield (APY) is determined by the FDIC as of April 9, 2021 is based on a simple average of rates paid by all insured depository institutions and branches for which data are available. Visit https://www.fdic.gov/regulations/resources/rates/ to learn more.
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