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We are excited to announce a brand new and exciting product - Loyalty Select! Loyalty Select is our highest yield savings account - earning 5.38% APY1, and it launched December 1, 2018 with this year's Loyalty Bonus2 payout. If you qualified for a 2018 Loyalty Bonus, you automatically received a Loyalty Select on Saturday, December 1 and your Loyalty Bonus posted to your new account. Plus, you automatically began earning 5.38% APY on your deposits in your Loyalty Select.
While members who have received a Loyalty Select are not able to immediately deposit to this account, we will soon be launching new and exciting loyalty products. These products will have the option of easy funding to Loyalty Select and earn this high return.
Loyalty Select is truly just the beginning of this new loyalty program. Soon, we will add a Cash In credit card rewards program and an Edge Up savings product allowing you to round up your Founders Debit Card purchases and deposit directly to your Loyalty Select. These additional loyalty products will allow you to increase your savings potential while using Founders products and services.