Fruitful is a financial wellness membership that provides access to:

1. Unlimited expert advice and support from a dedicated Fruitful Guide, who is a CERTIFIED FINANCIAL PLANNER™ Professional that helps with all aspects of your finances.


2. A 5.00% APY High Yield Savings Account, 12x the national average

3. Tailored investment portfolios with expert support at every step and no management fees.

The combo of these 3 core benefits (including high yield savings) allows our members to organize and optimize their finances in a way that’s simple, smart, stress-free, and sustainable. Members improve their finances, make real progress toward goals, and eliminate stress. That sounds nice!

A high yield savings (HYS) account earns significantly more interest than a normal savings account does. They’re great places to keep cash that you plan to use this year or next, for goals like emergency funds, vacations, home down-payments, and holiday gifts. By keeping your cash in an FDIC-insured HYS account, your money is protected from loss due to bank failure, always accessible (with no penalties for using it when you need it), and earning a comparatively high return. This helps you earn more on your savings and helps to keep inflation from eroding some of the real value of that cash.

It can change occasionally based on a number of factors — the primary being the Federal Funds Rate. We’ll always notify you when the rates change, and we’re motivated to provide members with as competitive a rate as possible. When the Fed , or Emigrant Bank, increases or decreases their interest rate, we increase or decrease ours.

You can withdraw your money at any time. It can typically take three to four business days for funds to arrive in your linked bank account. If your withdrawal taps funds that were recently deposited, it may take a few extra days to process.

None. We don’t charge any account fees for Fruitful high yield savings accounts.

Fruitful high yield savings accounts are held at our partner bank - Emigrant Bank, Member FDIC, which was founded in 1850, and is one of the largest privately held banks in the United States. FDIC insured up to $250,000 per depositor, per ownership category — that means an individual ownership category (solo account) is insured up to $250,000. A joint ownership category is insured up to $250,000 per depositor.

APY stands for annual percentage yield — a fancy way of expressing the real rate of return earned on your savings over a period of time (one year in this case) inclusive of the wonderful impact of compounding. Compounding - sometimes referred to as “interest on interest” - takes into account your deposits as well as accumulated interest over a period of time.

Interest on funds in your account compounds daily and is credited to your account every month.

Yes, we offer both solo and joint savings accounts.