Elevault is a next-generation financial app designed to help you save smarter, earn more, and manage your money with ease. While it offers the core functions you'd expect from a traditional bank, it goes a step further with a fresh, modern approach to personal finance.
π Key Features of Elevault
Daily Interest Earnings
Unlike traditional banks that pay interest monthly or quarterly, Elevault helps your savings grow faster by paying interest daily β and showing it right in your app. This means your money works harder for you, every single day.
High-Yield APY
Elevault offers a higher Annual Percentage Yield (APY) than most brick-and-mortar banks. Thanks to its digital model and lower overhead, Elevault passes more of the earnings back to you.
Smart Savings Tools
Organize your money with Vaults β custom savings buckets for your goals. Whether it's a vacation, emergency fund, or new gadget, you can track and separate your funds easily.
FDIC Insured + Backed by Southern Bancorp
Your Elevault Portfolio and banking services is a product of Southern Bancorp, a member of the FDIC (Cert #1528). Your deposits held at Southern Bancorp are FDIC-insured to at least $250,000 per Portfolio. Your money is safe and protected.
No Hidden Fees
Elevault is transparent β there are no monthly maintenance fees, no minimum balance requirements, and no surprise charges.
Mobile-First Experience
Everything you need is in one sleek, easy-to-use app. Watch your daily interest grow in real-time.
π How Elevault Is Different from a Traditional Bank
Feature | Traditional Banks | Elevault |
Interest Payout | Monthly or Quarterly | Daily |
APY | Typically 0.01%β0.10% | Current 4.34% |
Savings Tools | Basic | Customization Features |
Fees | Often include maintenance fees | No hidden fees |
Experience | Branch-based or outdated apps | Modern, app-first |
Speed | Outdated systems | Fast, digital-first experience |
