FAQ 4 CAF

Will the interest rate lock in, or does it change?

Short answer: it changes based on a number of factors — the most important factor being the Federal Funds Rate.

Long answer: it’s in our best interest to offer our clients a competitive rate, so we’re always looking for opportunities to do just that. When our partner banks pay us more for our deposits, we pay it forward to you with a better APY. We’ll always notify you when the rates change.

How hard is it to transfer investment?

So not hard at all! When the market is open, money can usually be transferred to bank or any remittance center.

But what if I want to withdraw my money?

It’s your money, so you can withdraw it whenever you want. It usually takes only one business day to arrive in your bank account, though if it’s a recent deposit, it may take a few extra days to process. But terms and conditions apply.

How many fees are there?

None! Zilch! Nada! We’ve never charged any account fees for the Cash Account, and we never will.

Unfortunately, I have these things called bills. Can you make them go away?

We can’t make them go all the way away, but it’s very easy to pay them when you get a cash out. Paying bills is kind of like making them go away, right?

What if I want actual paper bills in my actual hands?

If you’re good with twenties, we’ve got free ATMs IRL. Just use our Debit Card to withdraw from more than 19,000 free ATMs at places like SM, Robinsons and many, many more.