Earn More With The
Wallace Emergency Fund

Guaranteed rates up to 3.5%.
Penalty-free emergency access. FDIC insured.

Protection Without Sacrificing Growth

Everything an emergency fund should be, without any tradeoffs.

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.

How It Works

Wallace works with its banking 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.

Check Your Rate And Get Started

Tell us a bit about yourself and see the rate you can earn. Check your rate in less than 1 minute.

Penalty-free Emergency Withdrawals
You can withdraw, penalty free, for any defined emergency at any time. Withdrawals before term is over for non-emergencies will be subject to a penalty.
Withdraw or renew when term ends

When your term is done, lock in a new rate or withdraw your funds in full.

Put Your Savings To Work

Lock in a rate for a set time and see how much you can earn.

Size must be greater than $1.

Interest Income

$ 927
Wallace Emergency Fund
$ 457
High-yield Savings Accounts
$ 24
Traditional Saving Accounts
The calculations above assume a 3.0% annual interest rate, but yours may be higher. Check your rate.

Penalty-free Withdrawal for These Events

Job Loss

Losing your job as a W2 worker.

Medical Emergency

Incurring medical expenses while falling sick or getting hurt.


Inability to work because of injuries or illnesses.

Home Accident

Encountering a catastrophe involving your home.

Car Accident

Encountering an accident or unexpected breakdown of your car.

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.

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.

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Ready To Earn More?