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 technology company and not a bank. Banking services are provided by Choice Financial Group, Member FDIC. The Lili Visa® Business Debit Card is issued by Choice Financial Group, Member FDIC, pursuant to a license from Visa U.S.A.