Sign up today for Affirm Savings account to earn 3.85% APY.
Update 9/26/24: The rate has decreased to 3.85% APY (from 4.35%). We recommend our top picks – the Western Alliance savings account or the M1 Finance Cash account.
About Affirm Savings
Affirm is a financial technology company that has partnered with Cross River Bank. The savings accounts are held by Cross River Bank, member FDIC, and the savings account deposits are FDIC insured up to the applicable limits.
This account makes it easier with safe, secure, high-yield savings products such as an FDIC-insured Savings Account for worry-free returns.
I’ll review Affirm Savings below.
| Balance Requirement | APY Rate |
| $0.01 + | 3.85% APY |
Affirm Savings Rate
Interest will be compounded on a daily basis and will be credited to your Account monthly.
- Account Type: Affirm Savings
- Interest Rate: 3.85% APY
- Availability: Nationwide, mobile app
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Soft pull
- Opening Deposit: None
- Monthly Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
Affirm ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | None | None | |
| Pull | ? | None | None |
Deposits must be done by ACH or by Wire Transfer. Checks for deposit and cash deposits at ATMs are not accepted.
How to Earn Affirm Rates
- Open a Savings account
- Input your info – Provide your name, address, phone, email, and social security number or Tax ID.
- Fund the account within 14 days- Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 3.85% APY as long as the account balance is above $0.01.
Why You Should Sign Up For This Account
- Earn many times the National Average
- FDIC Insurance Up to Maximum Allowed by Law
- No Monthly Maintenance Fees
- Interest Compounded Daily
- Secure Electronic Statements
- Move Money Faster with Electronic Transfers
- Bankrate Safe & Sound 5-Star Rating
- Access Your Account Anytime with our Mobile App
Bottom Line
Check out this offer from Affirm to open a Savings account you can earn the high rate! This rate is great for earning high interest with balances as low as $0.01. Take advantage of this promotional rate now before it changes without notice.
Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Affirm Online Savings.
Mine went from 1% to .8% to now .65% in less than 2 months. I think I’ll pull my money out and put it somewhere more stable.
Rates drop like a rock everywhere, 1.3% is not possible anywhere right now.
Very informative. Thank you!
AFFIRM is a SCAM! Website advertises 1.3% APY while opening the account. Mine went down to 1% APY very quickly but account opening portal still said 1.3%. I called customer care and they couldn’t explain me the difference in real time. Seems like a marketing gimmick (actually a plain lie) to get people to open account.