Outlet is a savings app that allows you to earn over 50x interest compared to a traditional savings account we pay you investing returns you spare change sitting in your bank account.
With Outlet you can save money at the highest rate available at any given point in time.
Savings and investing
Save and invest while earning 9%. Outlet pays an investing like return in a single savings focussed app and account.
Put your money to work and invest easily in while enjoying a safe banking like dashboard. your investing is done on auto pilot.
Start earning passive income and watch your net worth grow in real time with our interest ticker!
The Outlet mobile app is a savings account alternative. Your bank account is not the most optimal place to store your money if you are looking for a return a great return.
We will pay you 9% compared to your banks 0.09%
Not only does Outlet pay you more than any traditional alternative, but it also has plenty of other amazing features listed below:
Debit card - Our debit card is coming soon, issued by Evolve Bank and Trust, member of the FDIC.
Direct Deposit FDIC insured Cash accounts - Also coming soon
Coverage - The dollars you put into your Outlet account are covered against the risk you take on when you use the app.
Security - When we ask for sensitive information we do not store it.
Saving and making money is easy using the Outlet mobile app. Enjoying a banking product experience, with crypto like yields.
Our mission is to be the best way to save and earn money safely, and extract as much of the mechanics under the hood as possible.
We do have a FAQ that goes into detail on how we manage money.
Returns normally only available to the wealthy are now available to everyone on Outlet by plugging your dollars into our next generation saving app.
Outlet is not a bank, but is a product with the ability to replace your bank account. Mobile banking has its differences. Outlet is more focussed on providing its customers with passive income and a way to increase their wealth.
Outlet is a money making app that does not want to take away from its core value. “Being the ultimate wealth creation and passive income investing tool”
Money making apps tend to have poor returns or require you to put an extreme amount of time in order to receive any type of compensation. Passive income on Outlet is as simple as loading your Outlet account with funds straight from your bank using plaid.
Outlet is a great way for you to make money, as one of the best money making apps in the app store it, the simplicity of Outlet makes it easy for anyone to get started. Money making apps typically require some type of work, and are not true passive income. Outlet provides the best of both worlds.
Setting aside money and earning a high yield is only the beginning for outlet. Savings as a whole is a broken industry. Products that large banks say are high interest accounts do not break the rate of inflation. Outlet's average yield is far above the rate of inflation.
The Outlet debit card allows you to spend your high interest earning account anywhere. We work with Master Card to issue this card.
Send your friend $5 just for signing them up! Our rewards and affiliate program is designed to help you!
Bug fixes and performance improvements
Ratings and Reviews
They have came along way but still need some work
After months of using this app and dealing with the glitches in the app they have gotten a lot better. They still have a long way to go as they need to set up an official voicemail, clear their inbox more regularly, and setup more how to videos on how to do wire transactions and such. Overall the idea is great the returns are great, but as a team of 2 people with one part time person they need to automate things better to free up their time to improve the product. They are missing out on bigger investors parking their money here as they don’t seem official. I do like that you can get them on the phone very easily to answer questions and they have given me the same answers when I’ve asked questions different days on the same topic telling me they know their product and are not changing the story. Overall I will continue to use this app and watch it closely as they have been improving.
Great savings 🙌💪🏼⏱☑️
Look this team is doing a hard work for all those people don’t believe go and do your search you can’t found a high interest account this take time everyone including me wanna see bigs numbers but this is a savings account little bit little earning remember this is no a investment account I get high % because I stay since the beginning I don’t take out the money I Just leave here and I saw they getting better but they need support share with your friends the app and the program is great
Developer Response ,
Thank you so much for your positive feedback! We are happy to help you earn a high interest.
The app is frozen in time.
This app needs a lot of work. It takes a very long time for your deposit to show up and when it does the app freeze up. The Communication with the app developer is generic and does not solve the issue. The concept it’s great if only the app will work.
I am going to hold off depositing any more money. The developer need to fix the issue fast because all of my contacts will move on and find another opportunity. I have stop promoting this app. This is why outlet finances received two stars because they are not handling their business. I can’t believe your are New Yorker.
Update: The app is now working like it should. I am now thankful that the developer understand the need to get on top of this situation. I will keep monitoring the app.
The app will get another star for now. I will give it another month and review before I increase the star rating.
Data Linked to You
The following data may be collected and linked to your identity:
- Contact Info
Privacy practices may vary, for example, based on the features you use or your age. Learn More
- Outlet Finance Inc
- 62.4 MB
- Requires iOS 10.0 or later.
- iPod touch
- Requires iOS 10.0 or later.
- Requires macOS 11.0 or later and a Mac with Apple M1 chip.
- Age Rating
- 17+ Unrestricted Web Access
- © Outlet Finance Inc
With Family Sharing set up, up to six family members can use this app.