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This is the 3rd launch from Tellus. View more

Tellus Boost

Earn 3% on your cash & boost your rate daily.

Start earning 3% APY on your money today! Discover daily rewards and complete challenges to supercharge your interest rate. Refer friends for interest rate rewards!

Learn more at: tellusapp.com/cash

Launch tags:

Fintech•Money

Launch Team

Vinson Hall

cool concept, my friend works here and I just wanted to congratulate the team on a successful launch! Looking forward to taking a deep dive and using the product.

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4yr ago

Caroline Mameesh

Tellus

Maker

@vinson_hall Thanks for stopping by, Vinson, we appreciate the support!

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4yr ago

Blake Manzo

Picsart

Maker

Hi Product Hunt! My name is Blake and I helped build this platform. The Tellus Boost Account harnesses the power of real estate to give you higher returns on your money. With a 3% APY intro rate for the first 100 days, a 2% minimum APY return rate after that, and the chance to boost your returns daily, we’ve created a secure place to help you make more money. We created Tellus because we realized the power of real estate was reserved for the few, not the many. We built the Tellus Boost Account, yielding 2% APY, to break down those barriers! We also believe real estate is going mobile, and so we wanted to make Tellus a mobile-first dashboard you can take with you. That’s how the Tellus app was born. You already know that our minimum rate of return is 2% APY (paid out daily!), but how do you boost returns even further? There are two ways: a free daily boost and a daily quiz question. With these boosts, you can increase your returns as high as 6% APY. If you love Tellus, tell your friends! When you refer a friend who joins Tellus, you’ll be rewarded with a unique boost for spreading the word. We believe in creating a sense of community and helping people earn the returns they deserve. I'm excited to see the Tellus Boost Account help people take control of their finances. Especially during times like these, it’s more important than ever to stick your money where it can really shine. The entire Tellus team is committed to making this platform the best it can be. We would love to hear what you and your friends think!

5yr ago

Is it FDIC insured?

5yr ago

Tellus

Maker

@nycortex Hi Yaniv! Great question, we actually get that one a lot! We're proud to say that we chose not to offer a FDIC account like every other competitor on the market because this allows us to offer much higher rates. FDIC insurance is backed by the government and protects up to $250k in case a bank defaults. As a result, the government has put in limitations on what those funds can be used for. The government does not want banks to make too much money on what is essentially free money to them despite the government taking on all the risk. Instead of insuring our funds through FDIC, we secure them with real estate mortgages, allowing us to pay you a much higher rate than the banks. If you're looking for a place to park your money with a government guarantee and willing to lose purchasing power to inflation, then a standard FDIC account at a bank would be best for you. However, if you're looking for a much higher rate to beat inflation that happens to be secured by a stable alternative asset class (real estate mortgages in this case), then we are the right product for you!

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5yr ago

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