Having savings with approximately 3 times your monthly expenses is a crucial part of your financial security. Haven offers a savings account that pays 2-4%, the highest on the market to encourage people to save. Holding excess money in a bank account — even a 2-4% account — is not a complete financial strategy, because inflation can still mean you lose value over time. 

The sliding scale APY is calculated based the number of people you refer to Haven.  

People who signed up for Haven after December 20, 2018 will need to refer 9 friends to get 4% APY.

People who signed up with a referral link, or had a Haven savings account before December 20, 2018 will need to refer 8 friends to receive the 4% APY.

To achieve the bonus, people you refer will need to use your referral link, open a savings account with Haven, deposit at least $10 and keep it in the account for 30days. 

 Rewards are calculated and compounded daily on the balance in your Haven Savings and paid out quarterly. You are able withdraw from your savings account a maximum of 6 times per month. 

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