* Interest is paid out and compounded daily (at 12AM Pacific Standard Time) based on a 365-day simple interest formula. Tellus reserves the right to update the interest rate of Tellus Boost Accounts at any time. No user is required to make a purchase in any form to earn the advertised interest yield. Limit one account per user.
** Backed by the underlying real estate, Tellus user APY daily interest payments are made independent of Tellus real estate lending returns.
† Source: FDIC.gov as of June 21, 2022. National rates are calculated based on a simple average of (annual percentage yield) rates paid by all insured depository institutions for which data are available.
‡ The market refers to the stock market. Tellus does not invest in the stock market, crypto or any other similar asset class.
Tellus is a financial technology company, not a bank. Your Tellus account is not FDIC insured. Banking services are provided by Chase Bank and Silicon Valley Bank; members, FDIC. Payment solutions are provided by Stripe and Plaid.
There are no fees for joining or using Tellus. However, your banks might charge fees based on their terms of service.
Materials from Tellus are not intended as a recommendation, offer or solicitation for the purchase or sale of any security, investment strategy, or tax, financial, accounting, legal, regulatory or compliance advice. Tellus is not responsible for any information from third-party media that may discuss Tellus. Any information contained herein has been secured from sources that Tellus deems reliable, but we make no warranties as to its accuracy and accept no liability. Please see our Full Disclosure for important details.