Stairs combines the ease of a savings account with the returns of investing, allowing you to earn a 4%-6% interest rate on secured debt notes backed by residential real estate with no fees or minimum balance requirements, and you can withdraw your funds at any time.
The Stairs App is powered by Groundfloor ($50 Bonus), and they have just launched on October 5, 2021, after their recent beta testing period.
When you invest with the Stairs App starting at only $1, you can earn 4%-6% interest with the security of an investment product that is backed by non-traded secured debt notes in residential real estate.
The Stairs debt notes automatically repay and reinvest every 5 days, and you can withdraw your funds at any time without paying any penalties.
All deposits in Stairs qualify for a 4% interest rate, and you can earn an extra 1% by setting up a recurring transfer, plus earn another 1% by turning on round ups on authorized purchases.
The additional 1%-2% interest rate goes into effect 90 days after your recurring transfer and/or round ups are activated, so set those up immediately after sign-up if you want to earn the full 6% interest rate sooner.
If you are looking for the ease of a savings account with the returns of investing, try the Stairs App for iOS or Android to start earning higher returns than traditional banks can offer.