Currently our savings account is at .75% interest, which seems decent for a Savings account.
Unless I missed it they don’t seem to offer much of a track record. How adjustable/sustainable is their algo? Have they been around long enough to provide sufficient data points? The ETF options they offer are horribly limited IMO.
I have been using this for a bit. The fees are high. If you only have $30 in teh account and don’t keep adding to it, you will get scared to see your $12/year + management on your $30. You want a real fear, look at your management fees on your 401. Lol. Only issue is it doesn’t really show much info on their funds and how they trade. I saw some significant movement on my first $15 i threw on it to test but I can’t find any fund info.
We are actually building an app like this for Bitcoin.
if you have $100 in the account you need a 12.5% gain for the year just to break even. most people probably start this with low amounts. now that’s scary.
Who cares about percentages, it’s all about dollars in 'Murica.