Unlock Porte’s High-Yield Savings Account

Enjoy a Savings Account for all with a base rate of 0.20% APY, and learn how you can unlock a high-yield bonus savings rate.1

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Porte is a mobile finance app, not a bank. Banking services provided by Pathward®, National Association, Member FDIC.
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Enjoy a bonus savings rate that
 crushes the national average

We’re making it easy for anyone with a Porte Account to open a Savings Account and start earning 0.20% APY.1 Meet the requirements for bonus savings each calendar quarter and earn up to 3.00% APY on balances up to $15,000 during that calendar quarter.

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Qualify for Bonus Savings

Meet the quarterly requirements to unlock Porte Bonus Savings and earn, each quarter, up to 3.00% APY on balances up to $15,000.1

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Open a Savings Account

Start earning 0.20% APY on your savings balance.

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Set up Direct Deposit

Receive $3,000 or more in qualifying Direct Deposits to your Porte Spending Account during that calendar quarter.

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Make 15 qualifying purchase transactions

Complete at least 15 qualifying purchase transactions using your Porte debit card or virtual cards3 that settle in that calendar quarter.

You work hard - your savings should work as hard as you do

APY, or Annual Percentage Yield, refers to how much money you earn on compound interest over the course of a year. We make transfers to your Savings Account straightforward, so you can watch your savings grow. Now that is making your money work for you!

You work hard - your savings should work as hard as you do

Finally, savings that isn’t too good to be true

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No monthly maintenance fees for savings

Say goodbye to monthly fees to maintain your Savings Account. It’s your money. You should keep it.

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FDIC insured

Keeping your money safe is our top priority. Your funds are FDIC insured4 through Pathward®, National Association.

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No minimum balance

There is no minimum deposit requirement or monthly fee with Porte's optional online savings account. However, if you meet the requirements each quarter, you can earn up to 3.00% APY1 on balances up to $15,000 during that quarter.

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Porte is a mobile finance app, not a bank. Banking services provided by Pathward, National Association, Member FDIC
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FAQs

Saving money now can bring peace of mind about your future. You can use it to put away money now for short-term and long-term goals. Anyone with a Porte Spending Account can open an optional online Savings Account and start earning 0.20% APY. When you receive $3,000 or more in qualifying Direct Deposits to your Porte Spending Account during a calendar quarter and complete at least 15 qualifying purchase transactions in that calendar quarter, you can earn up to 3.00% APY14 for that calendar quarter on the first $15,000 deposited in your Savings Account. That’s one helpful way to reach your savings goals a little faster.


No, Porte’s optional Savings Account is available at no cost for all Porte members. There are no monthly maintenance fees associated with the account. It’s fee-free! However, a fee may be charged when you call Customer Service to make a Savings Account balance inquiry or request a copy of your Savings Account statements.


There’s no minimum balance requirement that you must keep in your Savings Account. Choose to save as much or as little as you want.


Porte’s optional Savings Account is a savings account established by Pathward, N.A., Member FDIC, and funds on deposit in your savings account are FDIC insured4 through Pathward, N.A. For purposes of FDIC coverage, all funds held on deposit by you at Pathward, N.A. will be aggregated up to the coverage limit, currently $250,000.00.


Anyone with an active Porte account can open an optional Savings Account so long as they are a U.S. citizen or permanent resident, agree to the Porte Savings Account Agreement, consent to receive electronic communications, and certify as to status as a U.S. person. At the top of the Porte dashboard, select “Open” to get started.


All Porte members will be eligible for a Savings Account with 0.20% APY. Porte also offers Bonus Savings, where members can earn more interest. In order to receive up to 3.00% APY on savings balances, Porte members must meet the follow criteria each quarter (that’s 3 calendar months, or Jan. – Mar., Apr. – Jun., etc.): 

  • Receive at least $3,000 in qualifying Direct Deposits to your Porte spending account in that quarter, AND 
  • Make at least 15 qualifying purchase transactions with your Porte spending account that settle in that quarter.

See Savings Account Agreement for full offer terms.


Annual Percentage Yield, or APY, is the total amount of interest paid on your Savings Account, based on the interest rate and frequency of compounding for a 365-day period (366-day period in a leap year), and is expressed as a percentage.


Interest earned on your Porte Savings Account will be credited and posted to your account on the last day of each calendar quarter (March, June, September, and December). If you have app notifications activated for your account, you will receive a push notification on your phone when your statement is available each month.


Qualifying Direct Deposits must be a direct deposit made by Automated Clearing House (ACH) transfer consisting of payroll, pension, or government benefits payments from an employer or a government agency. The recipient’s name associated with such deposits must match the name of the Porte Accountholder. Qualifying Direct Deposits DO NOT include non-payroll or non-government benefits deposits such as ACH transfers from your bank account at another financial institution, person-to-person transfers, cash loads from third-party money transmission services, or mobile check deposits. Qualifying Direct Deposits must settle in your Porte Spending Account during the quarter for the higher interest rate to apply.


Qualifying Debit Card Purchase Transactions means a purchase transaction made with your Porte Debit Card at a merchant for goods or services. Qualifying Debit Card Purchase Transactions do not include, without limitation, ATM transactions, over-the-counter withdrawals, P2P transactions, debit card transfers, ACH transactions, or transfers to or from your Porte Savings Account. Qualifying Debit Card Purchase Transactions must settle in your Porte Spending Account during the quarter for the higher interest rate to apply. For example, transactions that post in the first calendar quarter but settle in the second quarter will count as a Qualifying Debit Card Purchase Transaction for the second quarter.


  1. The optional Savings Account linked to your designated Porte account is made available to Accountholders through Pathward®, National Association, Member FDIC. To open a Savings Account, consent to receive communications from us in electronic form is required. Interest is calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly.

    • An interest rate of 0.20% will be paid on your average daily balance with an APY of 0.20%.
    • Additionally, the optional Porte Savings account allows you to earn a higher interest rate of 2.97% with an APY of 3.00% on an average daily balance of up to $15,000 during a calendar quarter if you (i) receive at least $3,000 in Qualifying Direct Deposits into your Porte Spending Account in that calendar quarter, AND (ii) make at least fifteen (15) Qualifying Debit Card Purchase Transactions from your Porte Spending Account in that calendar quarter. “Qualifying Direct Deposits” and “Qualifying Debit Card Purchase Transactions” have meaning ascribed to them in the Savings Account Agreement. The interest paid on average daily balances of over $15,000.00 will be 0.20% with an APY range for this tier from 3.00% to 0.20%.

    The interest rates and APYs of each tier may change. The APYs were accurate as of 05/2024. No minimum balance to open Savings Account. Savings Account funds are withdrawn through the Porte Account and transaction fees could reduce the interest earned on the Savings Account. See the Savings Account Agreement for more details. Funds on deposit are FDIC insured through Pathward, N.A. For purposes of FDIC coverage, all funds held on deposit by you at Pathward, National Association, will be aggregated up to the coverage limit, currently $250,000.00.

    Upon successful activation and registration f the Account, funds on deposit at Pathward, N.A. Member FDIC, are insured up to the standard maximum deposit insurance limit. Coverage limit is subject to aggregation of all of Accountholder’s funds help on deposit at Pathward, N.A.

  2. The national rate is posted by the FDIC and is calculated based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. More details about the calculation may be found at: https://www.fdic.gov/regulations/resources/rates/#one. The national rate for savings accounts is reported by the FDIC as 0.07% APY as of 1/1/2023. To view how the national rate currently compares to Porte’s rates, please visit this site ​​​​​which is verified quarterly.

  3. You may request up to six (6) active Virtual Cards. Virtual Cards are subject to the same fees, limits, terms, and conditions as your Account. See your Deposit Account Agreement for details.

  4. Upon successful activation and registration of the Account, funds on deposit at Pathward®, N.A. Member FDIC, are insured up to the standard maximum deposit insurance limit. Coverage limit is subject to aggregation of all of Accountholder’s funds held on deposit at Pathward, N.A.

  5. Standard data rates, fees, and charges may apply. Consent to receive electronic account disclosures required to use the app.

  6. IMPORTANT INFORMATION FOR OPENING A NEW DEPOSIT ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account. WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver’s license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.

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    Porte is a mobile finance app, not a bank. Banking services provided by Pathward, National Association, Member FDIC. 

    Porte is a deposit account established by Pathward®, National Association, Member FDIC, and the Porte Debit Card is issued by Pathward, N.A., pursuant to a license from Visa U.S.A. Inc. Certain products and services may be licensed under U.S. Patent Nos. 6,000,608 and 6,189,787. Card may be used everywhere Visa debit cards are accepted.

    Porte is a registered trademark of Populus Financial Group, Inc.

    Populus Financial Group, Inc. engages in money transmission services as an authorized delegate of Ouro Global, Inc. (NMLS \#932678). State licenses, disclosures, and complaint information may be found here www.netspend.com/help/licenses

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