Our inaugural product is a prize-linked money account.
This is designed for your everyday saving, i.e. for short-term saving goals. For instance you might want to save to buy a car, get married or go on holiday, to set an emergency fund, to repay your loans, for home improvements, etc.
This is not a savings account provided by a bank. It is an e-money account provided by Modulr FS Limited under its EMI licence.
The EverUp money account does not pay any interest or dividends.