Making savings easy for your teams
Savings with 5.12% Annual Percentage Yield (APY), no fees and $5 minimum deposit
High-yield savings designed for everyone
Half of US households have less than $500 in savings. Wagestream’s Savings tool can change that. Members watch their money grow faster, earning a competitive 5.12% APY – a rate usually reserved for higher earners. And they can save straight from their wages. 85% of US workers say this helps them save. Savings is also shown to increase employee engagement and productivity – so everyone benefits.
$5 deposit, competitive APY
We’ve partnered with Piermont to offer members an account with an industry-leading 5.12% APY, no fees, and a $5 minimum deposit. All managed through the Wagestream app.
Colleagues start saving with a few clicks
They can send money directly from their wages every time they get paid. Savings pots help them save for life’s milestones. And they can switch on Save the Pennies, which rounds down each shift’s pay to the nearest dollar, and adds the difference to their savings.
A daily pat on the back
By showing interest daily, we give members a reason to feel good about earning and saving. Employees who use Savings say they feel proud and report improved wellbeing.
A more engaged, loyal workforce for you
Employers who help their employees save see big benefits, including a 43% increase in employee engagement. Which means fewer days off, more shifts taken and a lower turnover.
set aside by Wagestream members in 2024
members are saving for the first time ever with Wagestream
rise in productivity linked to helping people save
(National Fund for Workforce Solutions, 2018)
Take a tour of Workplace Savings
Wagestream Reviews
Everything you need to support your team’s financial wellbeing
Measure success in real time
The Employer Dashboard lets you track the impact of your Wagestream benefits, with anonymized usage data and trends. See what products are being used and how they’re improving your colleagues’ financial health.
Get insights and improve
Break the information down by division to get a real-time picture of employees’ financial needs – so you can enhance and improve your financial wellbeing strategy.
Financial benefits made easy
Secure integration
Wagestream is an ISO 27001 certified platform that can connect to any payroll, HR or time and attendance system.
No risk or disruption
We work with your teams to handle all of the setup, including validation and compliance. That means you can launch your employees’ financial wellbeing benefits quickly and easily.
24/7 support
Once you’re up and running, we handle all technical support and member questions in the app or portal – responding to 95% of queries within 30 minutes.
Secure integration
Wagestream is an ISO 27001 certified platform that can connect to any payroll, HR or time and attendance system.
No risk or disruption
We work with your teams to handle all of the setup, including validation and compliance. That means you can launch your employees’ financial wellbeing benefits quickly and easily.
24/7 support
Once you’re up and running, we handle all technical support and member questions in the app or portal – responding to 95% of queries within 30 minutes.
Our library
Research: State of Financial Wellbeing | US Workforce Report 2025
Resilience reality check: How does your business measure up?
Why on-demand pay is gaining traction in the US
Empower your people. Elevate your business
Find out how we can boost your team's financial wellbeing and your bottom line
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