Most Real Estate Investment Managers have 3-5 checking accounts per property. You can now earn money on those account balances within your Covercy Wallet (FDIC Insured).
Learn how much you can Earn
Banking provided by Choice Financial Group: Member FDIC.
*Actual formula for calculating APY: If your balance is between $120,000 and $1 million (Fed Funds Rate – 0.2%) * 48%. If your balance is between $1million and $15 million, you would earn (Fed Funds Rate – 0.2%) * 65%. The above APYs represent a Fed Fund Rate of 5.25% and are true as of May 3, 2023.
