This is the 2nd launch from Mayfair. View more

Mayfair

Your cash shouldn’t be earning peanuts.

Do you love your business account? Mayfair users say that we're “night and day better than everything else." With Mayfair, you can earn 5.02% APY and protect it with up to $50m of FDIC insurance. High-yield, low-risk, fully liquid, simple.

Free

Launch tags:

Fintech•Money•Finance

Launch Team

Matthew Eley

Mayfair

Maker

📌

Hi folks, In the year since we first launched Mayfair on ProductHunt, we've witnessed a historically rapid increase in interest rates, not to mention the sudden collapse of banks that almost everyone assumed were stable. Founders and business owners are torn between the desire to earn yield on their cash and the fear of putting it anywhere but the major, “too big to fail” banks where it earns next to nothing. We rejected the solutions offered by our competitors. Money market funds? Too many embedded risks. Treasury bills? Exposed to market volatility. Cherry-picking banks? March 2023 shows that doesn’t work. With Mayfair, you don't have to choose. We've created a cash account offering one of the highest yield rates available to businesses—5.02%—and paired it with access to $50m in FDIC insurance, plus the reliable liquidity of cash. That means that for most businesses, worries about bank runs, “liquidity” fees on withdraws from money market funds, and general institutional stability is a thing of the past. Best of all, we've built an intuitive treasury management tool that’s designed to adapt to how you run your business, with features like: • Free same-day and next-day transfers • Automated cash sweep • Multi-entity management from a single dashboard From the beginning, we built Mayfair to be as secure and risk-free as possible. Today's launch (and our recent SOC 2 Type 2 certification) is another step towards that goal. Along the way, we've also built one of the most intuitive, highest-yield cash management tools available to businesses.

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1yr ago

Derek

😹 LOL

What’s up with the growth of the yield chart in the hero pic here? That’s more than 5% per year. 😄

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1yr ago

Matthew Eley

Mayfair

Maker

@derkolstad We love a good eye for graphs. That one in particular is for an account with $13m in deposited funds. Compounding interest is a marvelous thing.

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1yr ago

Derek

@matthew_eley 📈🤑💸💸

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1yr ago