PayPal is a financial technology company, not a bank. Banking services provided by Synchrony Bank, Member FDIC.² PayPal Balance account is required to use PayPal Savings.
Earn interest with PayPal Savings
You work hard. Make your money work harder.
Set your money aside and earn interest on your savings—to the tune of 4.30% APY. That’s 10x the national average.1
Earn interest with PayPal Savings
Make your money go further with interest and without breaking a sweat.
Watch your money grow
Set your money aside and earn interest on savings. 4.30% APY is 10x the national average.1
No minimums, no fees
Save with no minimum account balances or fees.
Easy to manage savings
Use the app for 24/7 access to money transfers, goal tracking, and savings tips.
Set a savings goal, reach it fast
Set short- or long-term financial goals—from road trips to rainy day funds—easily track them, and move money from one goal to another if priorities change.
Put your savings to work
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.
Every dollar can lead to a big moment
Find more ways to manage your money
Join the millions around the world who love PayPal
Easily and securely spend, send, and manage your transactions—all in one place. Download the app on your phone or sign up for free online.
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