As of 1/25/2023, the APY is 3.93% for Gravy+ members.*

For free Gravy membership plans: The APY is 1.00%.*

What is APY and why is it important? APY, or Annual Percentage Yield, is the amount of money you can earn on your deposits each year just by saving for your down payment with Gravy. For example, if you deposit $10,000: In 12 months, you’ll earn $393 at an APY of 3.93%. In 3 years, you’ll have earned over $1,000 in interest!

✅ Industry-leading APY + ✅ Gravy Rewards for hitting milestones = ✅ the ultimate high-yield savings account.

Gravy’s high-yield savings account is FDIC-insured and there are never any transaction fees or minimums. You can withdraw your funds at any time for any reason. There is no better place to save up for your first home down payment.

What is Gravy+? The ultimate tool for first-time homebuyers. Not only do you earn our max APY, but you also unlock:

👉 Sign up for Gravy+ in the app!

*The APY, or Annual Percentage Yield, is effective 1/25/2023. APY is subject to change in the future.