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Tellus Boost (tellusapp.com) is welcoming new customers with a $20 cash bonus (referral below). Earn an additional $20 cash bonus for every person who uses your unique referral link to claim their welcome reward. Click here for more referral promotions.
Update 2/8/2023: Added BOOSTAPY offer to get 5.50% APY for 7 Days with code promo code.
Update 2/2/2023: A table for APY rates as well as the balance minimum and limits is added to the post. Tellus is now offering a base rate of 4.50% APY with a Boost account, and up to 5.90% by creating a Vault
Tellus Boost is a high-yield cash management account backed by real estate investments. It offers daily compounding interest of up to 5.90% APY with no lock-up periods and zero fees by creating a Vault. For more on Tellus Boost and their current offers, keep reading.
Tellus App Features
Have you heard about the Tellus App? It’s a pretty cool platform that can help you save for your financial goals and earn passive income at the same time.
The app is designed to give consumers exceptional yields while shielding them from the volatility of the stock and crypto markets. This is achieved by using short-term, single-family home loans to power the yields. Essentially, it allows you to turn your savings into a passive income stream.
The Tellus Boost Account is a great feature that allows savers to budget smarter and save more quickly through their own actions on the app. The app’s mission is to empower individuals to save for home purchase and reach their financial goals with maximum accessibility, transparency, and trust.
One of the unique things about Tellus is that it supercharges your rewards with interest income generated by residential real estate lending. The interest is paid out on a daily basis and you can withdraw your money at any time. There’s also no cap on your rewards and no fees for using the app’s products.
Additionally, Tellus offers a seamless mobile solution for managing high-value residential real estate assets, securing solid tenant relationships, and collecting rent electronically. The California-based customer success team offers amazing live service via in-app chat.
The app is perfect for people with different savings and income goals, whether you’re saving for a rainy day fund or a down payment on a house. You can use the smart savings platform to accelerate the growth of your emergency fund by applying free APY ‘power-ups’ (Boosts) daily.
And there’s also the Stacks feature that allows you to put aside regular savings for specific goals. The Vault feature is great if you have an extended time horizon that you’re targeting.
Funding your Tellus account is easy. You can initiate an ACH transfer from a linked bank account, or you can send funds via Zelle or make a wire transfer directly from your bank account.
Tellus Fees
To open and maintain a Tellus Boost account, you must have a minimum balance of $200. Other than that, there are no caps, no limits, and no fees.
Tellus Boost 5.50% APY Offer
Get 5.50% APY for 7 Days with code: BOOSTAPY
You will receive a 7-day 5.50% APY to your Boost Rewards within five days of your money arriving to your account. Deposits made via ACH can take 5-7 days to arrive, depending on your bank or credit union. A minimum deposit amount of $125 is required. This limited time offer is available to first-time customers only. Tellus is not a bank. Tellus is not FDIC insured.
Tellus Boost $20 Welcome Bonus
Note: Referral program may no longer be available
Enjoy a $20 cash bonus when you use a referral link to sign up for an account, deposit at least $200, and keep a minimum balance of $200 for 45 days. Your welcome reward will automatically post to your new Boost account when your initial deposit settles (approximately seven days).
Please note, if your balance falls under $200 within the first 45 days, your bonus will be forfeited. This offer is valid for new customers only. It’s likely best to click one of the links below through your smartphone.
Tellus Give $20, Get $20 Referral Program
Note: Referral program may no longer be available
Earn a $20 cash bonus when you refer a friend or family member to Tellus Boost. Each of your referrals will also enjoy a $20 cash bonus. To qualify, your referral must use your unique referral link to register for a new account, deposit at least $200, and keep a minimum balance of $200 for 45 days.
Your referral reward will automatically post to your Boost account. There is no limit to how many referral bonuses you can earn. You can read about their referral program on their homepage.
Tellus APY Rates
Tellus Boost account offers a base rate of 4.50% APY. With a Boost account, you have plenty of opportunities to temporarily raise your APY by doing simple things like logging in daily, answering quizzes correctly, and completing challenges.
If you plan on setting aside money in savings for more than a couple of months, you could get up to 5.90% APY by creating a Vault. With Vaults, you lock-up your money for 3 to 24 months in exchange for higher rates.
See the table below for the new rates as well as the balance minimum and limits.
Bottom Line
In summary, Tellus is a smart savings platform that delivers exceptional yields to consumers while shielding them from the volatility of the stock and crypto markets. It’s a great way to turn your savings into passive income and reach your financial goals with maximum accessibility, transparency, and trust.
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