Savings hero image. To be decided.
Coming soon

Get ready to earn interest on your savings

Set your money aside and earn an anticipated 0.40% APY—that’s 6x the national average.1 Then reap the benefits of your hard work as you set goals for some of life’s biggest milestones.

PayPal is a financial technology company, not a bank. Banking services provided by Synchrony Bank, Member FDIC.

Save with PayPal Savings

Watch your money grow

Set your money aside and earn interest. Anticipated rate of 0.40% APY is 6x the national average.1

No minimums, no fees

Save with no minimum account balances or fees.

Easy to manage

Use the app for 24/7 access to money transfers, goal tracking, and savings tips.

Watch your money grow

Transfer money from your bank account or PayPal balance and earn interest on your savings. Plus, you can set up auto-save to make life easier.


Set a goal, reach it fast

Set short- or long-term goals—from road trips to retirement—easily track them, and move money from one goal to another if priorities change.

Join over 400 million PayPal users

Easily and securely spend, send, and manage your transactions—all in one place.

Experience the new way to PayPal

Download the app on your phone or sign up for free online.

1 As of September 2021, the annual percentage yield (APY) for PayPal Savings is anticipated to be 0.40% at launch. This is a variable rate and can change at any time, including after the account is opened. National average source: FDIC National Rates and Rate Caps as of August 16, 2021.

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