What is APY for Accounts?
As an ACE Flare™ Account by MetaBank® accountholder, you’ll have the opportunity to earn 0.01% Annual Percentage Yield (APY) on the funds in your Flare Account.1 This means that not only can you earn interest with an optional high yield savings account, but you can also earn with your Account as well.
Every little bit helps on your savings journey!
1. The interest rate on your Account is variable and we may change the rate on your Account at any time. The current interest rate on your Account is 0.01% with an Annual Percentage Yield (APY) of 0.01%. APY was accurate as of 1/1/2020. No minimum balance is required to open and maintain a Flare Account or to obtain the disclosed APY. Transaction fees could reduce the interest earned on the Account. The ACE Flare Account is established by MetaBank, Member FDIC. Funds on deposit are FDIC insured through MetaBank, For purpose of FDIC coverage, all funds held on deposit by you at MetaBank will be aggregated up to the coverage limit, currently $250,000.00
The ACE Flare Account is established by MetaBank, Member FDIC. Netspend, a Global Payments Company, is a service provider to MetaBank. Netspend, a Global Payments Company, is an authorized Independent Sales Organization of MetaBank. Certain products and services may be licensed under U.S. Patent Nos. 6,000,608 and 6,189,787.
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