Experian Makes Saving Smarter With New High-Yield Digital Savings Account

Helping Consumers Earn and Save Faster

Built into the Experian memberships, the high-yield Experian Smart Money^™ Digital Savings Account allows members to enjoy the benefit of competitive interest rates that compound daily, helping even small balances grow more quickly. For those building up emergency savings or managing a budget while looking to grow their wealth at the same time, the Experian Smart Money^™ Accounts can help Experian members reach their goals throughout their financial journey.

In fact, saving more is consumers' top New Year's resolution, according to Experian research—making the new Round Up^¥ feature a valuable tool as well. Experian members with both an Experian Smart Money^™ Digital Checking Account and Digital Savings Account, along with an eligible paid membership, can take advantage of having their debit card purchases from the Experian Smart Money^™ Digital Checking Account rounded up to the nearest dollar. The spare change is transferred to the member's Experian Smart Money^™ Digital Savings Account for automated savings, making every purchase a driver for growth.

"We know saving is imperative for many people, and this will help make it effortless so they can reach their goals faster," said Sean Healey, General Manager of Digital Products, Experian Consumer Services at Experian. "Experian is committed to giving people smarter ways to manage their money as their financial copilot, and now they have even more opportunities to build a financial cushion."

An Experian membership also delivers access to an Experian credit report, auto insurance comparison shopping service, credit card marketplace, dark web monitoring, credit monitoring and more. In addition, an AI-powered virtual assistant is available 24/7 that can provide personalized educational information and tools for money management based on a member's Experian credit profile.

As consumers' BFF—Big Financial Friend—Experian is here for consumers to lean on throughout their financial lives. Learn more at http://www.experian.com/savings.