Spruce Launches High Yield 3.50% APY for Savings Accounts
CASHPathward Financial(CASH) Newsfilter·2024-05-13 20:00

KANSAS CITY, Mo., May 13, 2024 (GLOBE NEWSWIRE) -- Spruce, the mobile banking app built by H&R Block (NYSE:HRB), today announced the addition of high-yield interest on savings accounts to potentially help customers stretch their dollars even further and achieve their savings goals faster.1 With a 3.50% APY2, Spruce customers who opt in can now earn interest at seven times the national average.3 Nearly half of Americans don't have enough savings to cover emergency expenses4 in part because they lack access t ...