WORKPLACE SAVINGS

Making savings easy for your teams

Savings with 5.12% Annual Percentage Yield (APY), no fees and $5 minimum deposit

SOLUTION OVERVIEW

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.

Burget King
New Balance
Popeyes
Crate & Barrel
Floor Decor
Burget King
New Balance
Popeyes
Crate & Barrel
Floor Decor
Burget King
New Balance
Popeyes
Crate & Barrel
Floor Decor
Burget King
New Balance
Popeyes
Crate & Barrel
Floor Decor
Burget King
New Balance
Popeyes
Crate & Barrel
Floor Decor
Burget King
New Balance
Popeyes
Crate & Barrel
Floor Decor
Burget King
New Balance

$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.

$90M+

set aside by Wagestream members in 2024

1 in 3

members are saving for the first time ever with Wagestream

40%

rise in productivity linked to helping people save

(National Fund for Workforce Solutions, 2018)

Take a tour of Workplace Savings

Wagestream Reviews

Super easy to use. Lots of added benefits. Love the reminders and notifications for rewards!
Kerry - Wagestream memberfrom Trustpilot
Absolutely brilliant service, love the savings interest rates!
Julie - Wagestream memberfrom Trustpilot
I think this is a great app. I have just started to save a fixed amount deducted from my wages each month. The interest rate is very competitive and I can withdraw money anytime if I want.
Margaret - Wagestream memberfrom Trustpilot
Super easy to use. Lots of added benefits. Love the reminders and notifications for rewards!
Kerry - Wagestream memberfrom Trustpilot
Absolutely brilliant service, love the savings interest rates!
Julie - Wagestream memberfrom Trustpilot
I think this is a great app. I have just started to save a fixed amount deducted from my wages each month. The interest rate is very competitive and I can withdraw money anytime if I want.
Margaret - Wagestream memberfrom Trustpilot
EMPLOYER DASHBOARD

Everything you need to support your team’s financial wellbeing

Everything you need to support your employee'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.

INTEGRATIONS

Financial benefits made easy

Secure integration

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

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

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.

RESOURCES

Our library

Research: State of Financial Wellbeing | US Workforce Report 2025

Research: State of Financial Wellbeing | US Workforce Report 2025

Resilience reality check: How does your business measure up?

Resilience reality check: How does your business measure up?

Why on-demand pay is gaining traction in the US

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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3M+ workers3M+ workers
2,000+ brands2,000+ brands
10M+ monthly transactions10M+ monthly transactions