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Save (joinsave.com) is offering up to $5,000 in equivalent portfolio investments added to your account to new members who sign up for the Save Wealth card. You’ll also get up to $5,000 of equivalent portfolio investments for every person you refer to the credit card. More referral offers here. See the best Savings accounts here.
We all want our money to make us more money. Those who like to take a gamble might play with the stock market. But for others who are risk-averse, how do you keep your savings safe while growing it? This is where Save comes in. While a regular savings account earns a paltry interest each year, Save’s market savings account offers market returns on your savings. Plus, your deposits are FDIC insured so no risk to your savings. Let’s get into all the important, fine details below.
Save Wealth Card Referral Program Bonus: Up To $5,000 In Equivalent Investments
The referral program may no longer be active
Get up to $5,000 in equivalent portfolio investments for signing up with this referral link. Then, with an active account, earn an additional $5,000 in equivalent portfolio investments for every person that signs up for the Wealth card by using your own referral link.
Both you and your referral will each get the following in equivalent portfolio investments:
- Core account: $1,500
- Plus account: $2,500
- Premium: $5,000
*For each successful referral, Save buys strategy-linked securities for each party whose investment value is equivalent to $1,500 for the Core account, $2,500 for the Plus account, and $5,000 for the Premium account. For the signup bonus Save buys strategy-linked securities for each party whose investment value is equivalent to $10,000.
About The Save Wealth Card
For every $1 customers spend with their Premium Wealth card, Save invests* an amount on their behalf that corresponds to a 6%** average return potential. Each month, qualified spending will be matched with equivalent investments that will last a little longer than one year. Save will charge a management fee of 0.79% for any investment returns above 0.79%. Save does not charge a fee if the investments don’t return more than 0.79%.
The matched transactions are invested in a multi asset portfolio of up to 30 ETFs. There are three portfolios based on risk (Conservative, Moderate, and Growth). During the sign-up process, Save asks customers a series of questions to determine their risk profile.
*For each dollar spent using the Save Wealth Card Premium, Save buys strategy-linked securities whose investment value is equivalent to approximately twice the dollar spent.
**Average annual returns are based on hypothetical back-tested performance in the Save Moderate Portfolio from 2006 to present and are shown net of fees. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. The return figures shown are for informational purposes only and are not actual customer returns. For more detailed information please see https://joinsave.com/hb-moderate.
If you’re looking for a risk-free way to grow your savings, Save accounts might be the way to go. With the Premium Wealth card, your spending will be matched with equivalent investments by Save with a 6% average return potential.