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.

* You’ll have free access for emergencies, but other withdrawals will be subject to a penalty. Learn More.

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.

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 $500.

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.

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 To Your Rainy Day Fund

Commit some of you savings for emergency purposes. Choose how much you want to put aside and how long to set it aside for.

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

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.

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Member FDIC

Ready To Earn More?