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SAVINGS ACCOUNT

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Spruce app with saving goals and interest

comparison chart showing spruce interest rate better than chime and fdic average

HIGH-YIELD SAVINGS RATE

Sign up for Spruce

SAVING GOALS

Learn about Saving Goals

AUTOMATIC TRANSFER

Make saving money automatic

Set up automatic transfers to your Extra Saving or Saving Goals for however much you want, as often as you please. You’ll be saving money without even thinking about it.

automatically transfer money to your savings goals

ROUND UP

Round up and save those extra cents

When you turn on Round Up, we’ll automatically round up your Spruce debit card purchases to the next dollar and deposit the change into your Spruce Extra Saving.

spruce app showing roundup feature

Learn more about security

FDIC insured up to $250,000

savings goal calculator

Set your sights on successful saving

Use our Saving Goal calculator to see just how soon you could reach your financial goals when you start saving regularly.

Calculate your goal

See the resource center

FAQs

A savings account is a bank account separate from your checking or spending account that you can deposit money to hold onto for use for later.

With Spruce, you get an Extra Saving account where you can create automatic savings transfers and receive proceeds from Round Up and cash back rewards.

Round Up is an easy, automatic way to increase your savings — with no extra effort required. When you turn Round Up on in your Spruce account, each time a Spruce debit card transaction for a purchase or ATM withdrawal settles, we’ll round the transaction up to the nearest whole dollar amount and transfer the difference into your Extra Saving account. Just think of it as saving in autopilot — super easy saving in small amounts that add up over time!

For example, when your grocery purchase with your debit card for $19.49 settles, we will transfer $.51 to your Extra Saving account.

Also, if you make an out-of-network ATM withdrawal, you may get a Round Up. For instance, if you make a $20 withdrawal, in addition to the out-of-network $3 fee, the ATM owner charges you $2.50, when the transaction settles, you’ll see a $.50 Round Up transfer to your Extra Saving.

Tip: You’ll know a transaction is settled when you see it in your transaction history, and it’s no longer listed as Pending.

To access your savings in the Spruce app, sign into your account and tap the Saving tab.

To access your savings from desktop, sign into your account and click the Saving tab.

To then withdraw money from your savings account, you will need to transfer it to your spending account.

Spruce Rewards powered by Dosh. Offers vary by user, merchant location and offer period. Check the app for offers. Cash back will be deposited in your Savings Account. See Spruce Rewards powered by Dosh Terms for details.
Early access depends on when payment is submitted. Funds are generally made available when payment instruction is received, which may be earlier than scheduled payment date.
Funds are insured by the FDIC on a pass-through basis, subject to applicable limitations, restrictions, and requirements for such FDIC pass-through insurance, when the funds are received in your account. FDIC insurance only protects when an FDIC-insured institution fails. Spruce and H&R Block are not banks or FDIC-insured institutions, but Pathward® N.A. is an FDIC-insured depository institution.
No fee to withdraw money at Allpoint® ATMs. $3 fee at other ATMs, plus any ATM operator fee.
Credit score is FICO® Score 8 based on Experian data. Your lender or insurer may use a different FICO Score than FICO Score 8, or another type of credit score altogether. FICO® is a trademark of Fair Isaac Corporation. This is a separate service from your Spruce Spending and Savings accounts, provided by Pathward®, N.A., Member FDIC.
Courtesy Coverage only available for purchase transactions, ATM withdrawals, and over-the-counter withdrawals using your debit card. It is a discretionary courtesy, not an extension of credit. Requires opt in and $200 in qualifying deposits over prior 35-day period. Negative balances are limited to $20 and must be repaid within 30 days. See Spending Account Agreement for details.
Does not change IRS refund processing speed. Claim is based on making federal refunds available when payment instruction is received, which may be earlier than scheduled payment date. Depends on timing of the IRS’s payment file. Available only for federal refunds. May be changed or discontinued at any time.
Under Mastercard’s Zero Liability Policy, your liability for unauthorized transactions using your Card is $0 if you notify us promptly upon becoming aware of the loss or theft, and you exercise reasonable care in safeguarding your Card from loss, theft, or unauthorized use. These provisions limiting your liability do not apply to debit transactions not processed by Mastercard. Please see the Spruce Spending Account Agreement for additional terms and restrictions that may apply.
Mobile check deposit available after you have deposited at least $200 in the past year and your accounts have been open for 30 days. Click here for full terms and limitations.
Offer from H&R Block. Requires 1) opening of new Spruce Accounts between 1/1/23 and 6/30/23; and 2) $200 in qualifying direct deposits within 45 days of opening. Qualifying direct deposits are ACH credits, including direct deposits (but not tax refunds). Deposits that do not qualify are mobile check deposits, internal transfers, transfers within Spruce from external accounts, or cash transfers. $50 will be deposited within 14 business days after completing all requirements. Spruce Accounts may not be closed or restricted at payout. You are responsible for tax treatment of funds. Limit one per customer. May be modified or discontinued at any time.
This is a separate and optional service provided by Atomic (not Pathward, which provides your Spruce Spending and Savings accounts).
The Annual Percentage Yield (APY) is accurate as of 04/03/2025. This rate is variable and can change without notice. Fees may reduce earnings. To start earning interest on your Spruce Savings Account, simply opt in through the Spruce app or at sprucemoney.com.
Standard data charges may apply. Apple Pay is a registered trademark of Apple Inc. Google Pay is a registered trademark of Google LLC.
Refund Advance loan: This is an optional tax refund-related loan from Pathward®, N.A.; it is not your tax refund. Loans are offered in amounts of $250, $500, $750, $1,250 or $4,000. Approval and loan amount based on expected refund amount, eligibility criteria, and underwriting. If approved, funds will be disbursed as directed to a prepaid card or checking account at Pathward. The loan amount will be deducted from your tax refund, and any remaining balance will be sent to you. Tax returns may be e-filed without applying for this loan. Fees for other optional products or product features may apply. Limited time offer at participating locations. H&R Block Maine License No. FRA2. OBTP#13696-BR.