Rand has launched the new Earn 4.0 account, designed to offer higher savings. With this update, users can earn up to 6,5% APY through a structure that rewards loyalty with incremental APY based on balance and maintaining savings without withdrawals.

It starts with a minimum base of 4% APY based on the user's balance, which can be significantly higher. All users will receive a bonus of +0,1% every 30 days they maintain their balance, up to a maximum of 6,5%.

Earn Account: Up to 6.5% APY on Your Savings

Rand has launched the new Earn 4.0 account, designed to offer higher returns and greater flexibility on savings. With this update, users can earn up to 6.5% APY, thanks to a structure that rewards loyalty with an incremental APY based on balance and retention without withdrawals. Starting from a base APY of 4%, users can receive a +0.1% bonus every 30 days, up to the maximum of 6.5%.

Previously, the Earn account allowed Rand Pro users to earn up to 6% APY. However, with the removal of the Rand Pro tier, Rand has introduced a financial structure that enables everyone to reach up to 6.5% APY. This new approach offers higher returns for those who keep their savings long-term, removing barriers and rewarding loyalty with an incremental APY.

How Does the New Incremental APY Structure Work?

Now, the APY you can earn in your Earn account depends on two main factors: your balance and an additional bonus you can earn simply by not withdrawing your savings. Here’s how the APY is distributed based on your balance:

• 4% APY: Balance between €50 and €1,999
• 4.5% APY: Balance between €2,000 and €4,999
• 5% APY: Balance between €5,000 and €19,999
• 5.5% APY: Balance between €20,000 and €49,999
• 6% APY: Balance of €50,000 or more

But that’s not all. The real innovation comes with the ability to increase your base APY through a loyalty bonus of 0.3% APY, helping you reach 6.5% APY even faster. How? You can redeem your Rand Points from your Earn account to get this bonus.

How to Reach 6.5% APY?

The APY bonus accumulates progressively.

• You will receive an additional 0.1% APY bonus every 14 days, as long as you do not make withdrawals.
• Each new period increases by 14 days:
  • First period: 14 days
  • Second period: 28 days (14+14)
  • Third period: 42 days (28+14)
  • Fourth period: 56 days (42+14)
  • And so on…

For example, if your base APY is 4%, you could accumulate an additional bonus of up to 2.5%, allowing you to reach the total 6.5% APY over time.

If you decide to withdraw funds, you will lose the bonus for that month, and your APY bonus will reset to 0% (but your base APY according to your balance range remains unchanged). However, if you need to withdraw funds without losing your accumulated bonus, Rand offers you the option to use withdrawal passes—you can easily prevent bonus loss using your Rand Points. Activate protection before confirming the withdrawal, and if you have enough points, they will be applied automatically. If not, we’ll notify you so you can purchase them and protect your bonus.

Conclusion

Rand’s new Earn account offers a more inclusive and accessible way for all users to make the most of their savings. With the potential to reach up to 6,5% APY, Rand is making long-term savings more rewarding than ever.

Start saving today and watch your money grow with Rand!