Save more and become more confident with your money, with a Peak Savings Account.
It’s FREE and includes a 0.5% annual return— over 12x the national average! 
-- USING PEAK --
1. Choose your peaks: Set up your savings goals—name, amount, and due-date—with a digital peak for each one.
2. Plan your climb: Choose an automated Savings Plan (Scheduled Saves or Round-Ups) for each peak.
3. Track your progress: Monitor your results and make necessary adjustments.
4. Celebrate & Repeat: Reach your destination, celebrate, and repeat with confidence.
-- ALL NEW: PEAK PREMIUM --
The core Peak experience is still 100% free: set as many goals as you want, and make progress toward your goals automatically, with Scheduled Saves and Round-ups.
Want to take your savings to the next level? We now offer Peak Premium, which includes all of these features, plus:
+ Understand your spending with personalized Insights: See all of your transactions in one place and get a clear picture of where you’re spending.
+ Get more ways to save with advanced, custom Actions: Connect automatic saves to your everyday transactions—like getting paid or buying coffee at your favorite shop.
Premium is $5 per month or $50 per year, and you can cancel at any time.
So what are you waiting for? Whether you’re saving for a sunny beach trip or a rainy day fund, download Peak and start the path to reaching your goals today.
-- FAQs --
Does Peak move my money? — Yes! Peak is a real bank account, so you’re actually putting money aside toward your goals.
Is my money safe and secure with Peak? — Absolutely. This is our top priority. Everything you save with Peak is not only protected by bank-level security, but is insured by the FDIC up to $250,000.
How much does Peak cost? — It’s free! Peak Premium is a completely optional buy-up, which costs $5 per month, or $50 per year.
What kind of goals can I use Peak to save for? — Anything you want! The most common goals on Peak are: Emergency Funds, New Car, Down Payment on a House, and Travel / Trips / Vacations.
If you have any questions, please shoot us a message at email@example.com!
 National Average Interest Rate for Savings Accounts, as of March 2021, via the FDIC: https://www.fdic.gov/regulations/resources/rates/
Thanks for using Peak! This version includes bug fixes and performance improvements, including an easier way to refer your friends in-app!
Have any feedback? We’d love to hear from you! Email us at firstname.lastname@example.org.
Ratings and Reviews
Mindful Saving Meets Beautiful Design
Can’t say enough positive things about Peak. What I maybe like most is the intentionality it places around saving. “Saving” is a pretty loaded buzzword. People tell you that you should be saving your money, etc, but, to me, it’s always felt like a fairly vague term. Saving for what exactly?? When you’re saving just to say you’re saving, that’s when it gets easy to justify the 4 dollar coffee or the 7 dollar beer. Because you’re not saving for anything tangible or specific, so it doesn’t feel real. With Peak, it’s the exact opposite. You set specific savings goals for yourself (a vacation, an item you’ve always wanted, an engagement ring, whatever) and you can very clearly track your progress in reaching those goals. Not to mention, it’s probably the most beautifully designed money saving app on the market. Period. All in all, very happy with Peak and would highly recommend.
So first of all, I would like to say that I’ve had this app for around 6 months. I deleted it because well I didn’t really need it anymore- I made my savings goal. So one of the good things about this app, for me, is that if I say “put 5 into peak savings from my bank account”- it will. However; it doesn’t do it automatically- it takes like 3 days for it to go from my bank account to peak savings- this way, it makes it easier for me NOT to spend money- because it takes like 3 days one way for a transfer, I can’t do like impulse shopping and you know withdrawing money from peak savings- u know? That way I was actually able to save money and not spend it. On the downside, the same is also true. If you do actually need money withdrawn now to pay for something, it will take 3 or so days to transfer back to your account. So depending on how you look at it, yeah...
I think the people who work behind the scenes with this app are very good- I had to create a new bank account (for me personally)- and in the peak savings app, I had to switch my old account to my new account as the new “funding source” for peak savings- the people who created this app were extremely helpful in helping make the switch and overriding things on their side. :) I sent them an email, and about an hour or so later they replied.
Developer Response ,
Hi warriorgirl9392, thanks so much for the review! We really appreciate your feedback and are so thankful to have you as a Peak member!
Dismal customer experience & 0.5% interest
Update: I decided to give this app a second look, and they now pay only 0.5% interest. I’m not sure why anyone would use this app. Back to Goldman for me. I’m a member of Good Good Good and initially downloaded Peak just to support them, as they sponsor the Good Newspaper. After adding my primary bank account, which I’ve used for years, and verifying the two small deposits with Peak, my account was listed as ‘under review’. When I reached out to inquire of the timeframe for said review, they stated they need further verification including a copy of my driver’s license, a selfie, and proof of bank account ownership. This is very inconvenient & represents a very poor customer experience. As for savings, I’ll just keep using Goldman Sachs and Robinhood both of which pay 2x the interest Peak offers. Also, every single savings account I’ve had pays interest monthly. Peak only pays interest quarterly. Also, in the early days of the app they actually charged a monthly subscription in order to use the service. Imagine a savings account that charges you a monthly subscription fee.
They now offer Peak Premium, which charges a $5 monthly fee for additional “features”. Just imagine how much better off you’d be investing/saving that extra $5 per month.
Developer Response ,
UPDATE: Hi, jfh_007 - Actually, that's not true: We've always paid a competitive interest rate, which we call Peak Rewards. The current rate is 0.5% annually, distributed quarterly! This is 10x the current national average of savings rates, according to the FDIC.
Hi there! We hate to hear that you had a poor experience. Our goal is to keep you and your information safe! When our system is unable to automatically verify your information, we request additional information to ensure the security of your account. Our apologies if this caused you an inconvenience. We take your feedback very seriously and will continue to work on improving our verification processes. Thanks for your feedback.
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Usage Data
Data Linked to You
The following data may be collected and linked to your identity:
- Financial Info
- Contact Info
- User Content
- Usage Data
Privacy practices may vary, for example, based on the features you use or your age. Learn More
- Peak Financial LLC
- 81.8 MB
- Requires iOS 11.2 or later.
- Requires iPadOS 11.2 or later.
- iPod touch
- Requires iOS 11.2 or later.
- Age Rating
- © 2018 Peak Financial LLC
With Family Sharing set up, up to six family members can use this app.