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Savings & Certificates of Deposit · Privolux

Make your
money work
harder.

High-yield savings accounts and fixed-rate CDs from 3 months to 5 years — built for individuals who demand more from their deposits. No hidden fees, FDIC-protected, always competitive.

High-Yield Savings
4.85% APY
↑ RISING
12-Month CD
5.10% APY
BEST RATE
24-Month CD
4.95% APY
Money Market
4.65% APY
4.85% APY High-Yield Savings5.10% APY 12-Month CDFDIC Insured up to $250kNo Monthly FeesOpen in MinutesCompound Interest Daily$1 Minimum DepositNo Early Withdrawal Penalty on SavingsRates Updated WeeklyCD Ladder Strategies Available4.85% APY High-Yield Savings5.10% APY 12-Month CDFDIC Insured up to $250kNo Monthly FeesOpen in MinutesCompound Interest Daily$1 Minimum DepositNo Early Withdrawal Penalty on SavingsRates Updated WeeklyCD Ladder Strategies Available
Savings Accounts

The right account
for every goal.

Click any account type to explore full details, rates, and features.

4.85%
High-Yield Savings
APY · No minimum
4.65%
Money Market
APY · $10k minimum
4.20%
Youth Savings
APY · Under 18
4.50%
Goal Saver
APY · Bonus interest tiers
Most Popular
High-Yield
Savings Account
Earn 10× the national average with our flagship savings account. No minimum balance, no monthly fees, and your rate is always competitive — automatically. Perfect for emergency funds, short-term goals, and everyday saving.
4.85%
APY
$0
Monthly Fee
$1
Min. Deposit
4.85% APY — always competitive
Our rate is independently reviewed monthly and benchmarked against all major banks. You never have to chase a better rate.
Daily compound interest
Interest compounds daily and is credited monthly — meaning every single day your balance is working for you.
No fees, no minimums, no catches
$0 monthly maintenance fee, $0 minimum balance, unlimited deposits, and up to 6 free withdrawals per month.
FDIC insured up to $250,000
Your deposits are fully protected by the FDIC up to $250,000 per depositor. Your money is always safe.
Full digital access, instant transfers
Manage your account from the app, link any external bank, and transfer funds instantly 24/7.
Premium Rate
Money Market
Account
For larger balances deserving premium rates. The Privolux Money Market Account rewards you with tiered interest — the more you save, the higher your rate climbs. Includes check-writing and debit access.
4.65%
APY Base
5.10%
APY $100k+
$10k
Min. Balance
Tiered rates — earn more as you save
$10k–$49,999: 4.65% | $50k–$99,999: 4.85% | $100k+: 5.10% APY — automatic, no action required.
Check-writing & debit card access
Unlike standard savings accounts, your Money Market includes a debit card and check-writing for convenient access.
No monthly fee above $10k minimum
Maintain a $10,000 daily balance and pay zero in fees. Below that, a modest $12/month applies.
Priority client support
Money Market account holders receive priority access to Privolux specialists — no queues, no waiting.
FDIC insured up to $250,000
Full FDIC protection on all deposits. Joint accounts insured up to $500,000 combined.
Youth Account
Youth Savings
Account
Give the next generation a head start. A custodial savings account for under-18s with a competitive rate, no fees, and interactive savings tools to teach financial literacy from an early age.
4.20%
APY
$0
Monthly Fee
$0
Min. Deposit
Ages 0–17 — start from day one
Open for any child under 18 years old. Managed by a parent or guardian until the child turns 18, then seamlessly converted to a personal account.
Interactive savings goals dashboard
Set savings goals with visual progress trackers — a bike, a trip, a gift — turning saving into an engaging habit from an early age.
4.20% APY — well above the national kids average
Most banks pay 0.01% on children's savings. We pay 4.20% APY with zero fees, because the next generation deserves better.
Automatic birthday bonus interest
On the account holder's birthday each year, we add a bonus 0.10% rate uplift for that month as a celebration — up to age 18.
Goal-Based Saving
Goal Saver
Account
A savings account that rewards discipline. Set a monthly deposit goal and meet it — unlock a bonus rate tier each month you succeed. The more consistently you save, the more you earn. Perfect for holiday, home deposit, or any target.
4.50%
Base APY
5.25%
Bonus APY
$0
Monthly Fee
Bonus rate for meeting your monthly goal
Meet your monthly deposit goal and your rate rises to 5.25% APY for that month. Miss it, and you still earn the 4.50% base. No penalty, just a reward for discipline.
Set any goal, any amount, any timeline
Name your goal, set a target amount and date — the account automatically calculates your monthly deposit to hit it, and tracks your progress visually.
Up to 5 separate goals simultaneously
Run multiple savings goals in parallel — one for a holiday, one for a car, one for an emergency fund — each tracking independently.
Automatic scheduled transfers
Set and forget — schedule automatic transfers from any linked account on any date, so your goal funding happens without thinking.
Certificates of Deposit

Lock in your rate.
Guaranteed returns.

CDs offer a fixed rate for the full term — no market risk, no rate fluctuations. Deposit once, watch it grow, and collect your guaranteed return.

3-Month CD
4.50%
APY · Fixed for full term
Minimum deposit$500
Term length91 days
Interest paidAt maturity
$10k earns≈ $112
Early withdrawal45 days interest
6-Month CD
4.80%
APY · Fixed for full term
Minimum deposit$500
Term length182 days
Interest paidAt maturity
$10k earns≈ $239
Early withdrawal90 days interest
Best Rate
12-Month CD
5.10%
APY · Fixed for full term
Minimum deposit$500
Term length365 days
Interest paidMonthly or maturity
$10k earns≈ $510
Early withdrawal150 days interest
18-Month CD
4.95%
APY · Fixed for full term
Minimum deposit$500
Term length547 days
Interest paidMonthly
$10k earns≈ $744
Early withdrawal180 days interest
24-Month CD
4.85%
APY · Fixed for full term
Minimum deposit$1,000
Term length730 days
Interest paidMonthly
$10k earns≈ $990
Early withdrawal180 days interest
36-Month CD
4.70%
APY · Fixed for full term
Minimum deposit$1,000
Term length3 years
Interest paidMonthly
$10k earns≈ $1,468
Early withdrawal270 days interest
48-Month CD
4.55%
APY · Fixed for full term
Minimum deposit$2,500
Term length4 years
Interest paidMonthly
$10k earns≈ $1,964
Early withdrawal360 days interest
60-Month CD
4.40%
APY · Fixed for full term
Minimum deposit$2,500
Term length5 years
Interest paidMonthly
$10k earns≈ $2,416
Early withdrawal360 days interest
CD Rate Ladder — APY by Term
Growth Calculator

Watch your money
grow in real time.

Select a product and adjust sliders to see exactly how much your deposit grows — with daily compounding.

Initial Deposit$10,000
$500$500,000
Monthly Contribution$500 /mo
$0$10,000/mo
Time Period5 years
1 yr30 yrs
Compounding Frequency
How often interest is applied to your balance
Total Balance After 5 Years
$93,842
↑ +$53,842 earned in interest
Initial Deposit$10,000
Total Contributions$30,000
Interest Rate (APY)4.85%
Interest Earned$53,842
Effective Annual Return13.4%
Total Balance$93,842
Principal vs. Interest Breakdown
Principal 43% Interest 57%
Balance at key milestones
* Projections are estimates based on current rates. Savings rates may change. CD rates are locked for the full term. Interest compounds based on your selected frequency. FDIC insured up to $250,000.
CD Ladder Strategy

Build a CD ladder.
Maximize flexibility.

A CD ladder splits your deposit across multiple terms — giving you both high rates and regular access to maturing funds. Select terms below to build your ladder.

Strategy: Instead of locking everything in one CD, you split your total investment across multiple terms. When each CD matures, you roll it into the longest term — maintaining liquidity while capturing higher long-term rates. Select any combination of CDs to model your ladder.
3-Month
4.50%
Min $500 · Matures every 91 days
6-Month
4.80%
Min $500 · Matures every 182 days
12-Month
5.10%
Min $500 · Best rate
24-Month
4.85%
Min $1,000 · 2 year lock
Total Amount to Invest
Split Strategy
Your CD Ladder Projection
Full Comparison

Every account.
Every detail.

Feature High-Yield Savings Money Market Goal Saver Youth Savings 12-Mo CD 60-Mo CD
Current APY4.85%4.65–5.10%4.50–5.25%4.20%5.10%4.40%
Monthly Fee$0$0 (w/ min)$0$0$0$0
Minimum Deposit$1$10,000$0$0$500$2,500
Rate TypeVariableVariable (tiered)Variable + bonusVariableFixedFixed
CompoundingDailyDailyDailyDailyDailyDaily
Free Withdrawals6/month6/monthRestricted4/monthPenalty appliesPenalty applies
Debit CardNoIncludedNoLinkedNoNo
Check WritingNoYesNoNoNoNo
Savings GoalsNoNoUp to 5 goalsVisual goalsNoNo
Auto TransfersYesYesYesYesNoNo
FDIC InsuredUp to $250kUp to $250kUp to $250kUp to $250kUp to $250kUp to $250k
Mobile App AccessFull accessFull accessFull accessParent accessView onlyView only
Interest PaymentMonthlyMonthlyMonthlyMonthlyMonthly or maturityMonthly
Best ForEmergency fundLarge balancesTargeted savingUnder 181-yr lockedLong-term fixed
Account Protection

Your deposits.
Always safe.

FDIC Insurance

Every dollar protected — up to $250,000 per depositor.

All Privolux deposit accounts are fully insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per account category. Joint accounts are insured up to $500,000. Your money is safe even if the bank fails.

🏛
$250k
FDIC insured per depositor

Joint accounts double to $500,000. No action required — protection is automatic.

256-Bit Encryption

Bank-grade security on every transaction.

All data is encrypted in transit and at rest using AES-256 — the global standard for financial institutions.

2FA Authentication

Multi-factor access control.

Every login requires multi-factor authentication. Biometric, SMS, and authenticator app options available.

Real-Time Monitoring

Account alerts for every movement.

Instant push notifications for every deposit, withdrawal, and interest credit. You're always the first to know.

Zero Liability

Unauthorized access? You're fully covered.

In the event of unauthorized account access or fraudulent transfers, Privolux guarantees zero liability to account holders who report promptly and follow security guidelines. We investigate and resolve within 5 business days — often the same day.

🔒
Rate Guarantee

CD rates locked the moment you open.

Once you open a Privolux CD, your rate is guaranteed for the entire term — regardless of what happens to interest rates in the market. If rates fall, you're protected. Your return is fixed, certain, and contractually guaranteed from day one of the deposit.

✓
How It Works

Open in minutes.
Earn from day one.

01
Choose Your Account
Select the account that fits your goal — HYSA for flexibility, CD for locked-in returns, or a combination for a ladder strategy.
02
Verify & Open Online
Complete a 5-minute identity verification. No branch visit. Upload your ID and we handle the rest — instantly and securely.
03
Fund Your Account
Transfer from any bank account instantly. ACH transfers, wire transfers, and mobile check deposit all accepted — minimum $1 for savings.
04
Watch It Grow
Interest accrues from day one. Track your balance, interest earned, and projections from the Privolux dashboard — updated in real time, daily.
Client Stories

Real savers.
Real results.

★★★★★
High-Yield Savings
"My old bank was paying 0.04%. I moved $45,000 to Privolux HYSA and I'm now earning nearly $180 every month in interest — without doing anything different."
JM
Jamie M.
Chicago, IL
Earning $2,182/yr at 4.85% APY
★★★★★
12-Month CD
"I put $100,000 into the 12-month CD at 5.10%. That's $5,100 guaranteed — I know exactly what I'll have when it matures. No market risk, just a certainty."
DR
David R.
Phoenix, AZ
$5,100 guaranteed at maturity
★★★★★
CD Ladder Strategy
"The CD ladder tool showed me how to split $80k across 4 terms. Every few months a CD matures, I roll it into a new 12-month — I have liquidity and the best rates."
SP
Sarah P.
Seattle, WA
$3,960 avg. annual interest
★★★★★
Goal Saver
"I set a house deposit goal of $60,000. The Goal Saver calculated my monthly target, and every month I hit it the rate jumps to 5.25%. I'll hit my goal 4 months early."
LK
Lauren K.
Austin, TX
On track for $60k goal
★★★★★
Money Market Account
"I keep my business reserves in Privolux's Money Market. At $180k balance I'm on the top tier rate — that's earning me $9,180 a year just sitting there safely."
TC
Thomas C.
New York, NY
$9,180/yr on $180k balance
FAQ

Savings &
CD questions
answered.

Everything you need to know before opening a Privolux savings account or certificate of deposit.

What is APY and how is it different from APR?
APY (Annual Percentage Yield) reflects the total annual return including the effect of compounding interest. APR (Annual Percentage Rate) is the simple interest rate before compounding. Because Privolux compounds daily, your APY is always higher than the stated rate — meaning you earn more than the headline number suggests.
Are my deposits FDIC insured?
Yes. All Privolux deposit accounts — savings, money market, and CDs — are fully insured by the FDIC up to $250,000 per depositor, per account category. Joint accounts qualify for up to $500,000 in combined coverage. Your deposits are safe regardless of what happens to market conditions.
Can I withdraw from my CD before maturity?
Yes, but an early withdrawal penalty applies. Depending on the CD term, you'll forfeit 45 to 360 days of interest. The principal is always returned — only earned interest is at risk. This is why we recommend CDs only for funds you're confident you won't need during the term.
What happens when my CD matures?
At maturity, you'll receive a notification 30 days before and again 7 days before. You have three options: withdraw all funds, roll over into a new CD at the current rate, or roll into a different term. If you take no action, the CD automatically rolls over into the same term at the rate available on maturity date.
Can savings rates change after I open an account?
Yes — savings and money market rates are variable and can change at any time based on Federal Reserve policy and market conditions. CD rates, however, are fixed at the time you open the account and are guaranteed for the full term. If you want rate certainty, a CD is the right product.
What is a CD ladder and why should I use one?
A CD ladder divides your savings across multiple CD terms — for example, $10,000 each into 3-month, 6-month, 12-month, and 24-month CDs. As each matures, you roll into the longest term. This gives you regular access to some of your money while still earning the highest available rates on the portion locked in longer terms.
How quickly is my account opened?
Most accounts are opened and active within 5 minutes of completing your application. Identity verification is instant for most applicants. Once open, you can link an external bank account and initiate your first transfer immediately — funds typically arrive within 1–2 business days, and begin earning interest from the date received.
Start Saving Today

Your money deserves
better returns.

Open a Privolux High-Yield Savings Account or Certificate of Deposit in minutes. No fees, FDIC insured, and rates that actually make your money work.