Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Tellus Raises Reserve Account Rate to 8.00% APY to Help Savers Fight Inflation

PR NEWSWIRE by PR NEWSWIRE
November 13, 2026
Home Telco
Share on FacebookShare on Twitter


The new rate is more than twice the latest 12-month inflation rate, 3.7%.

MOUNTAIN VIEW, Calif., Nov. 12, 2026 /PRNewswire/ — Tellus App, Inc. (“Tellus”), the proptech company behind the Tellus savings app, today raised the annual percentage yield (APY) on its Reserve Account from 7.75% to 8.00%. That equals its highest Reserve rate, paid from November 2023 to December 2025.

Consumer prices rose 3.7% in the 12 months to September, up from 3.4% in August, according to the U.S. Bureau of Labor Statistics. Energy prices rose 20.4%. October added another 0.4%.

“You can’t control what prices do, but you can control what you save,” said Jeromee (JJ) Johnson, President of Tellus. “Set money aside in Reserve and you earn 8.00% APY on it. Make it a payday habit, and you fight rising prices one deposit at a time.”

How the account works:

  • Reserve Account. A sub-account where savers earn more than the Boost base rate, up to a balance limit. Money above the limit flows to the saver’s Boost Account. Boosts do not apply to Reserve.

What changes:

  • Reserve Account. APY rises from 7.75% to 8.00%, effective Nov. 12, 2026. The rate may change.
  • Who gets it. Existing and new Reserve Accounts. Limits start at $2,500.
  • What stays the same. No fees, no lock-up. The Boost base rate is unchanged.

Tellus is on the App Store and Google Play, and on the web at web.tellusapp.com.

About Tellus
Tellus App, Inc. is a proptech company headquartered in Silicon Valley. The Tellus savings app helps people save with cash accounts powered by real estate, and gives independent landlords property management software. Tellus also offers business-purpose residential lending.

Tellus is not a bank. Tellus is not FDIC-insured. The FDIC-insured Deposit Account is provided by Central Bank of Kansas City, Member FDIC. Eligible deposits held at Central Bank of Kansas City are insured by the FDIC up to applicable limits in the event of the bank’s failure. FDIC insurance does not apply to Tellus itself or to non-deposit products or services.

The Boost Account, Reserve Account and Vaults are not deposit accounts and are not FDIC-insured.

Rewards on Tellus’s non-deposit accounts vary and are determined by each customer’s actions and choices in the app.

See www.TellusApp.com for full terms and conditions.

SOURCE Tellus



Source link

Tags: Tellus
PR NEWSWIRE

PR NEWSWIRE

Next Post

CISCO REPORTS FIRST QUARTER EARNINGS

Recommended.

Bank of America taps next tech chief

Bank of America taps next tech chief

July 29, 2025
Unpatched Gogs Zero-Day Exploited Across 700+ Instances Amid Active Attacks

Unpatched Gogs Zero-Day Exploited Across 700+ Instances Amid Active Attacks

December 11, 2025

Trending.

Kioxia launches 245TB LC9, the biggest flash drive on the market | Computer Weekly

Kioxia launches 245TB LC9, the biggest flash drive on the market | Computer Weekly

July 28, 2025
OpenAI Really Wants Codex to Shut Up About Goblins

OpenAI Really Wants Codex to Shut Up About Goblins

April 29, 2026
The Coolest Big Data System and Platform Companies Of The 2026 Big Data 100

The Coolest Big Data System and Platform Companies Of The 2026 Big Data 100

June 9, 2026
China’s AI Boyfriend Business Is Taking On a Life of Its Own

China’s AI Boyfriend Business Is Taking On a Life of Its Own

January 20, 2026
Hyperscaler capex ballooned last year, fueling AI bubble fears

Hyperscaler capex ballooned last year, fueling AI bubble fears

January 5, 2026

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio