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APY:

The Annual Percentage Yield (APY) on savings account balances is 0.22%. Interest rates are subject to change. This APY is current as of 5/1/2022. No minimum balance is required to obtain the 0.22% APY.

Cash Bonuses:

When you set up a recurring monthly direct automated clearinghouse (ACH) deposit of $1,000 or more to your checking or savings account, each month you can earn the cash bonus shown in the Cash Bonus Table if the balance in your savings account during the month remains at or above the corresponding minimum balance. For example, if you maintain $9,000 in your savings account each day during the statement cycle, you will earn a cash bonus of $5.04. If your balance falls below $9,000, but stays above $7,000 each day during the statement cycle, your cash bonus is $3.92. Spiral will credit all cash bonuses of up to $8.50 per month (up to $102 a year) to your savings account on the first business day of the month.
Minimum Balance During the Statement Cycle
Earned Cash Bonus for the Statement Cycle
$1,000
$0.56
$2,000
$1.12
$3,000
$1.68
$4,000
$2.24
$5,000
$2.80
$6,000
$3.36
$7,000
$3.92
$8,000
$4.48
$9,000
$5.04
$10,000
$5.60
$11,000
$6.16
$12,000
$6.72
$13,000
$7.28
$14,000
$7.84
$15,000
$8.50

How matching works:

We match* the amount you donate to the charities** you choose, up to $150 per year. The more you deposit into your account each month, the higher the amount Spiral will match for the full year. To make it easy, we created the following Table to show you how much we match in a year depending upon your deposits.

Direct Deposit Amount
Spiral Annual Match
No Direct Deposit
$20
$1,000 or more a month
$30
$2,000 or more a month
$50
$3,000 or more a month
$70
$4,000 or more a month
$90
$5,000 or more a month
$110
$6,000 or more a month
$130
$7,000 or more a month
$140
$8,000 or more a month
$150

* We match when you make a minimum donation of $5 per year. If you set up a monthly direct deposit of payroll of at least $1,000 to your checking or savings account (or a recurring incoming transfer of at least $1,000 to your checking or savings account), Spiral will match your donations dollar for dollar up to the annual limits in the Table below, depending on the amount of your monthly deposits. If at any time during the year you increase your direct deposit of payroll (or recurring incoming transfer) so that Spiral’s annual match would be higher, Spiral will match at the higher amount. For example, if your direct deposit for July was $4,000 and you increased it to $5,000 in September, the annual Spiral match would be $110.

** Eligible charities are those that the IRS determines are charitable organizations and not disallowed by Spiral.