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How the Wealth Card’s return potential can cover the annual fee

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Woman smiling about her Save return potential

The world’s first high-yield credit card packs a lot of value. Find out how the return potential makes it worth a spot in your wallet despite the annual fee.

Customers deserve better economic value from their credit cards. 

That’s why Save is partnering with Visa to launch its first credit card — the Save Wealth Card.  

Instead of offering cashback or air miles, the Wealth Card replaces rewards with investments. With an annual return potential of 6%¹ on every single purchase, your earning potential exceeds what leading premium credit card rewards programs deliver (Figure 1). 

A chart showing the return potential comparison between the Save Wealth card versus other premium cards.
Figure 1: Comparison between the Save Wealth Card versus other premium cards.4

The card also comes with many other rewards like a signup bonus of $10,000 in equivalent portfolio investments² and a chance to increase your average return potential up to three times when you shop from brands like Tesla, Electrify America, SoulCycle, Amazon, Whole Foods, and more. 

But what does this mean in terms of dollar value? 

Let’s find out. 

Signup bonus of $10,000 in equivalent portfolio investments² 

Early adopters will get a signup bonus of $10,000 in equivalent portfolio investments² just for signing up for the Wealth Card. Referrals and bonuses like this have an average 3% return potential.5

Let’s break down what this means: 

Once your credit application is approved, at the next trade date, Save adds $10,000 in equivalent investments² to your personalized investment portfolio.

Assuming the average 3% return potential is met, your returns will be about $300 after a little more than a year.¹

Any returns (minus Save’s 0.35% management fee if the annual return is greater than 0.35%) are yours to keep.

For the first year, the annual fee for each card—$750 for the Premium Wealth Card and $300 for the Plus Wealth Card—could be covered up to 40% and 100%, respectively.¹ 

6% return potential on every purchase¹  

Unlike most premium credit cards, the Wealth Card has no category restrictions, exclusions, or cap on returns. Every dollar you spend is eligible for investment matching. This means that you can turn your monthly credit card bill into an investment. Assuming a 6% annual return potential¹ is met, here’s what your returns can look like, depending on your average monthly spend: 

Monthly credit card spendingMonthly earning potential¹Yearly earning potential¹
$1,000 $60$720
$2,000 $120$1,440
$3,000$180$2,160

According to the return potential in the table above, spending just over $1,000 each month can almost cover the $750 annual fee of your Premium Wealth Card. 

If credit cards are your preferred spending method, chances are you’re spending more than that. With the Premium Wealth Card, you can earn more from the money you’re already spending. 

Triple the return potential on some preferred brands 

A 6% return potential on everyday spending is great.¹ An 18% return potential3 is even better. 

The Premium Wealth Card rewards you with a higher return potential from your investments when you purchase from preferred brands. Whether you’re a frequent Amazon shopper or a devoted Peloton member, there are many ways to earn more.  Let’s take a look at how much you could earn with preferred brands using the Premium Wealth Card:

Brand Purchase Return Potential3 Annual Earning Potential3
Amazon $12.99/month Prime membership, Average annual spend for members is $1,000 9%$14.02 (Prime membership), $90 (annual purchases)
Peloton$39/month all-access membership18%$84.24
Apple$1,999 MacBook Pro 12%$239.88
Whole Foods$200 grocery run 9%$18

These are just a few examples of what your investment earning potential can look like. Click here to see all of Save’s preferred brands. 

So, does the Save Wealth Card deserve a spot in your wallet? With potential returns like these, it’s easy to see how the rewards and benefits of the Wealth Card can outweigh those offered by other premium credit cards.

¹ For the Save Wealth Card: Average annual returns are based on hypothetical back-tested performance of the Save Moderate Portfolio from 2006 to present and are net of fees. To achieve the return on the Save Wealth Card, Save purchases a strategy-linked security whose investment value is equal to two times the dollar spent. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. All return figures shown are for informational purposes only and are not actual customer returns. For more detailed information please see Hypothetical Back-testing.

² As a signup bonus for the Save Wealth Card, Save buys strategy-linked securities whose investment value is equivalent to $10,000. This special promotion is subject to change at any time. 

3 To achieve the potential returns for the Save Plus and Premium Wealth Card’s preferred brands, Save purchases strategy-linked securities whose value correlates with [or is determined by] desired portfolio returns. Save will increase each purchase of strategy-linked securities as necessary to create the client’s desired exposure needed to replicate the hypothetical back-tested performance return. For more detailed information please see Hypothetical Back-testing.

4 Average annual return of the Wealth Card is based on hypothetical back-tested performance in the Save Moderate Portfolio from 2006 to present. Return is net of the management fee of 0.79%. Hypothetical back-tested performance is not a guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. Save purchases strategy-linked securities whose investment value generates an average of the stated returns since inception. Card comparisons made based on public disclosures available by other issuers, assuming points are worth 1.5%, monthly spending of $3,500, and a $5,000 equivalent portfolio signup bonus for the Save Wealth Card, as well as, other signup bonuses for each respective card as of 11-23-2021.

5 Average annual returns are based on hypothetical back-tested performance in the Save Moderate Portfolio from 2006 to present and are shown net of fees. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. The return figures shown are for informational purposes only and are not actual customer returns. For more detailed information please see Hypothetical Back-testing.

How to use credit cards: 6 tips to make yours work for you

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Man thinking about his Save Wealth credit cards.

When used responsibly, credit cards are a convenient and secure way to manage your cash flow, build strong credit, and earn rewards from your everyday spending. 

Unfortunately, credit cards are often misused. In the second half of 2021, the average U.S. credit card holder had $5,668 in credit card debt

Read on to learn how to properly manage your credit cards to help you avoid misuse while taking advantage of the many perks it offers. 

1. Pay your balance in full 

In the third quarter of 2021, Americans carried a balance on 52% of all active credit cards.  

Carrying a revolving balance each month or paying only the minimum amount, can quickly pull you into a debt trap. At this point, instead of you using your credit cards, it starts using you

The golden rule of owning credit cards is to pay your balance in full each month. Following this rule means you don’t pay any interest charges or fall into credit card debt. 

To do this successfully, follow a monthly budget and charge only what you can comfortably afford to pay. 

2. Aim to use less than 30% of your available credit 

Always be mindful of your credit card balance and try to keep your utilization ratio below 30%. Your utilization ratio is the percentage of available credit you’re actually using. 

For example, if your total credit card limit is $10,000, you should aim to keep your revolving balance below $3,000. The lower your credit utilization ratio is, the better your credit score. 

A healthy credit score helps you qualify for other credit products like loans and mortgages, and get lower interest rates on those products. 

Does this mean you shouldn’t make any large purchases using your credit cards? 

No, making a large purchase that exceeds your credit utilization ratio won’t affect your credit score, as long as you pay it off within that statement month. 

3. Take advantage of credit cards that offer rewards 

Credit cards allow you to earn hundreds or even thousands of dollars worth of rewards for the purchases you’re already making. 

To get the most out of your rewards, choose a card that matches your financial strategy. For example, if you’re looking for a card with a high return potential, the Save® Wealth card could be a solid match for you. 

The Wealth card is the first credit card that replaces rewards with investment returns, which also makes it a great choice for those who want to start investing but don’t know where to begin. 

With an average annual return potential of approximately 6%1 for the Premium Wealth card, Save exceeds the rewards leading premium credit cards deliver. It also has no variable categories, spending requirements, caps on returns, or category exclusions, which means you earn even more from your everyday spending. 

While rewards are a great perk, you shouldn’t overspend just to chase them. Save lets you earn rewards without having to change your spending habits. 

Click here to learn more. 

4. Regularly track your spending

Keeping an eye on your credit card activity is important. Doing this regularly puts you in control of your spending and helps you catch any potential mistakes or fraudulent transactions. 

Before online banking, you could only do this once a month, when your statement arrived in the mail. Today, you can track your transactions in real-time with the click of a button. 

Save customers, for example, use the Save App or Online Portal to view statements and check their balances and transactions at their convenience. The app also lets customers view the investments made from their spending, their investment gains, and the remaining investment term. 

5. Use your card as a budgeting tool

Following a budget is a healthy habit that helps you save money and create financial stability. 

When used correctly, credit cards can be a great budgeting tool to help you manage your monthly spending. 

For example, when you use your credit cards for all your expenses, you can track your cash flow all in one place using your online accounts. This helps you monitor where your money goes, how much you’ve spent, and how much you have left for the month. 

Seeing your spending in real-time also helps you notice spending patterns you may otherwise not have noticed if you used cash, for example. 

6. Pay your bills on time 

This sounds like an obvious one, but did you know that a whopping 35% of Americans missed a credit card payment in 2018 simply because they forgot? 

Even one late credit card payment can affect your credit score or increase your APR. In addition to that, you might also get hit with a late payment fee. 

Luckily, you can easily avoid this mistake by setting up automatic payments each month. Alternatively, you can log into your mobile app regularly to check your due date and make sure you’re not missing it. 

Making payments on time also helps you build a strong credit history. 

1 For the Save Wealth Card: Average annual returns are based on hypothetical back-tested performance of the Save Moderate Portfolio from 2006 to present and are net of fees. To achieve the return on the Save Wealth Card, Save purchases a strategy-linked security whose investment value is equal to two times the dollar spent. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. All return figures shown are for informational purposes only and are not actual customer returns. For more detailed information please see Hypothetical Back-testing.

Meet the Save® Premium Wealth card, the world’s first high-yield credit card

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Introducing the Save Wealth credit card.

The Save Premium Wealth credit card is expected to have the highest return potential of any premium card available with an average return of 6% annually1 on all purchases with no caps, category restrictions, or minimums.

The Wealth credit card will match customers’ spending with investments in personalized portfolios which are expected to include globally diversified allocations, sustainable investments, and alternative assets with managed crypto exposure.

After a year, Wealth customers keep all the returns of the investments (minus the Save Wealth management fee of 0.79%), with a minimum return of 0%. The card returns aren’t guaranteed, and the customer may receive more or less than the average 6% annual returns1 depending on market performance. This means that regardless of customers’ spending, they won’t lose money in the stock market. If the market does underperform, customers just don’t earn cashback in the form of investment returns.

Early adopters of the card will receive $10,000 in equivalent investments2 for signing up to receive the card. Existing customers can receive $5,000 in equivalent portfolio investments3 for referring others to the Wealth credit card. Both receive the returns from the referral investments after one year.

The Premium Wealth card has an annual fee of $750 and will also provide access to typical premium card benefits including increased investments and yield potential for purchases done with Save preferred brands. Transactions made with the Premium Wealth card for Tesla, Electrify America, Peloton, and SoulCycle purchases can generate three times more return potential than the normal 6%1 return potential because they’re Save preferred brands. Similarly, Apple, Microsoft, Samsung, Amazon, and Whole Foods purchases can earn up to double the equivalent investments.4

Save is partnering with Visa, a world leader in digital payments, to launch the Wealth credit cards in early 2022. “I’m excited Visa will be a partner for Save in this upcoming card launch,” said Patrick Williams, Head of North American Digital Partnerships at Visa. “With the Wealth card, Save is offering more options for consumers to maximize their spending power.”

“We are very pleased to partner with Visa on the rollout of the first Save Wealth credit cards,” said Michael Nelskyla, Founder and CEO of Save. “The Wealth card is designed for consumers who are looking for the potential of better economic value from their credit card in a low-interest rate environment, and with high inflation.”

“At Save, we believe the benefits of market returns should be expanded beyond traditional investment vehicles,” said Adam Watts, President and COO of Save.

To learn more about and order your Save Wealth credit card, click here.

The card also comes with access to Save’s enhanced FDIC-insured cash management tools including a Premium Market Savings account and a high yield checking account, which currently pays 0.50% interest on cash deposited. Neither account has any deposit limits outside of the $250,000 maximum for eligibility for FDIC insurance provided by Save’s bank partners.5

1 Average annual returns are based on hypothetical back-tested performance of the Save Moderate Portfolio from 2006 to present and are net of fees. To achieve the return on the Save Wealth Card, Save purchases a strategy-linked security whose investment value is equal to two times the dollar spent. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. All return figures shown are for informational purposes only and are not actual customer returns. For more detailed information please see Hypothetical Back-testing.

2 As a bonus to signup, Save will buy a strategy-linked security whose investment value is equivalent to $10,000.

3 For each successful referral, Save buys a strategy-linked security for each party whose investment value is equivalent to $5,000. 

4 For each dollar spent using the Save Wealth card, Save buys strategy-linked securities whose investment value is equivalent to twice the dollar spent.

To obtain FDIC-insurance coverage on your behalf, Save Advisers partners with various FDIC-insured member banks. The funds you provide will be deposited into accounts at one or more FDIC-insured partner banks. FDIC insurance coverage is limited to not more than $250,000 per qualified customer account per bank. Actual deposit insurance coverage may be lower if you have other funds deposited at the partner bank. You are responsible for determining the amount deposited in each account at the partner banks, and for monitoring the total amount of your deposits at each partner bank, to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. Learn more at: https://www.fdic.gov/deposit/depositsOnly the funds you provide will be deposited with the partner banks and will be eligible for FDIC insurance. Market returns are held in your Save Apex Clearing account and are not FDIC-insured, are not bank-guaranteed, and may lose value. Maximum balance and transfer limits apply. Neither Save Advisers, nor its affiliates, is a bank. Apex Clearing Corporation is a member of Securities Investor Protection Corporation (“SIPC”), formed by Congress to protect “customers” of broker-dealers and to promote public confidence in the U.S. securities markets. Customers of a SIPC Member that fails financially are afforded certain benefits under the Securities Investor Protection Act (“SIPA”). These benefits are relevant only if the broker-dealer that “carries” a customer’s account fails and is liquidated under SIPA. At Apex, your investments are protected by SIPC up to a maximum of $500,000 total, including $250,000 in cash balances. Coverage limitations apply. To learn more about SIPC coverage, visit the SIPC website at www.sipc.org.

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