How does the 2.5% APY Kronos Savings work?

Kronos Savings is a high-yield savings feature exclusive to Kronos Pro. Your idle cash earns 2.5% APY — significantly higher than the ~0.4% national average for traditional savings accounts.

How interest is calculated and paid

• APY: 2.5% annual percentage yield, variable. We update the rate when partner-bank rates change; you'll be notified in-app at least 30 days before any rate decrease.
• Accrual: Interest accrues daily on your savings balance
• Payout: Interest is credited to your savings balance once per month, on the same date you opened your savings position
• No minimum, no cap — earn 2.5% on $1 or $100,000

Your earnings dashboard

Open the Savings tab to see:

• Your current balance and APY
• Earned this month — interest credited so far this period
• Earned this year — total interest YTD
• Lifetime earned — every dollar of interest since you started

How to start earning

1. Upgrade to Kronos Pro (Profile → Membership → Kronos+) if you're not already
2. Open Profile → Kronos Savings
3. Tap Move to savings and enter how much you want to set aside
4. Funds move from your wallet balance to savings instantly. Interest starts accruing immediately.

Withdrawing

Withdraw any time, any amount. Tap Withdraw to wallet and the cash is back in your spendable balance instantly. There's no holding period, no withdrawal fee, no early-exit penalty.

Where the money sits

Savings funds are held at FDIC-insured partner banks via Bridge.xyz, in the same FBO (For Benefit Of) account structure as your wallet balance — protected up to the FDIC limit through partner banks. The 2.5% APY is generated through interest paid by those partner banks plus our subsidy on the difference (we top up the rate to keep it competitive).

Round-up savings (optional)

Turn on round-ups in the Savings settings to automatically round every card purchase up to the next dollar and move the difference into savings. Spend $4.37 on coffee → $0.63 lands in savings. Small amounts add up fast.

What if I cancel Pro?

Your savings balance stays yours, but new deposits stop earning the 2.5% Pro rate. You revert to the Free-tier rate (currently 0%) for any future contributions. You can withdraw your savings to your wallet anytime.