Earn More With The
Wallace Emergency Fund
Guaranteed rates up to 3.5%.
Penalty-free emergency access. FDIC insured.
For a
- 1 year
- 2 year
- 3 year
- 4 year
- 5 year
3 year
commitment*, you would earn
3.0% APY
Higher returns
We predict your personal risks and offer the best rates designed just for you.
Disciplined access
Penalty-free withdrawals upon a crisis, and stop dipping in for non-emergencies.
Zero fees
No maintenance fees, transfer fees, low balance fees or renewal fees.
Penalty-free Withdrawal for These Events
Job Loss
Medical Emergency
Disability
Home Accident
Car Accident
If you withdraw for a non-emergency during your term, you will be subject to a penalty. You’ll always have full access when your term expires. Learn More.
Put Your Savings To Work
Lock in a rate for a set time and see how much you can earn.
Interest Income
Wallace Emergency Fund
High-yield Savings Accounts
Traditional Saving Accounts
The calculations above assume a 3.0% annual interest rate, but yours may be higher.
How It Works
We work with our bank partners to provide emergency fund accounts that grow at a fixed interest rate for a set time period, and allows for penalty-free access for emergency withdrawals.
Commit some of you savings for emergency purposes. Choose how much you want to put aside and how long to set it aside for.
When your commitment term is done, withdraw your funds in full or make a new commitment.
A Different Type of Bank Savings
We started Wallace to give you a better alternative for your savings – where you don’t have to sacrifice growth for safety. By staying disciplined and committing your money only for emergency uses, you will start earning real money on your savings.
256-bit Encryption
That's the same level of digital security as governments and militaries. Learn More.
Member FDIC
Safe and secure. Accounts will be insured by the FDIC up to $250,000.
