How do I open a Savings Account with 4.15% APY?

Having a Savings Account allows you to set aside a fixed weekly amount for your savings account.

To open a Savings Account through the Web App, go to the Dashboard and then choose Savings Account - Start Saving. If you are opening the Savings Account from the Mobile App, go to the Sub Accounts Section under the main menu and then choose "Savings Account". 

Through the setup process you’ll be able to choose the fixed amount that you want to set aside weekly. Those funds will be transferred from your checking account (maximum $700 a week).

You can change your auto-saved amount at any time.

The Savings Account is available for Lili Pro, Lili Smart and Lili Premium users only, and receives 4.15% APY (effective September 1, 2023, please refer to Lili's terms and conditions). The interest earned is paid monthly, on the first day of the following month. 

Please note that the 4.15% APY applies for balances up to $100,000. Any portions of a balance over $100,000 will not earn interest or have a yield.



Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC. The Lili Visa® Debit Card is issued by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC, pursuant to a license from Visa U.S.A., Inc. Please see the back of your Card for its issuing bank. The Card may be used everywhere Visa debit cards are accepted. Wire Transfer service provided by Column Bank N.A., Member FDIC. All wires are subject to acceptance criteria and risk-based review and may be rejected at the sole discretion of Column Bank N. A. or Lili App Inc.