Franc Savings Account

The Franc Savings Account is a simple, low-risk way to earn interest while keeping your money easily accessible. It's best suited for short-term goals or emergency savings – any money you might need within the next year.

How the Franc Savings Account works

• Your money is held in a cash-managed fund.
• Interest is calculated in real-time – you can see it changing minute by minute and paid monthly. You earn interest on your interest (compound interest).
• There's no minimum deposit required to start earning interest.
• You can withdraw your money at any time. Withdrawals usually reflect within 1-3 business days after the withdrawal was made.

Interest rates

• Starter users earn 5.5% interest per year.
• Pro users earn 7% interest per year.

You'll see the current rate in your app and how much interest you've earned in real time.

When to use it

The Franc Savings Account is best for short-term needs where you don't want to risk your money in the stock market. Examples include:

• Building an emergency fund
• Saving for a once-off expense (e.g. car repairs, school fees, travel)
• Parking your money while you decide how to invest it

Accessing your money

• You can withdraw from your Savings Account at any time without penalties.
• Withdrawals are paid into your linked bank account via EFT.

This account is separate from your investment goals but can be used alongside them to keep your savings organised.