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Frequently Asked Questions

How do savings interest payouts work?

Interest is compounded daily and deposited directly into your designated Peak Savings Vault on the 1st business day of each calendar month.

Are my funds FDIC insured?

Yes. Deposit accounts are FDIC insured up to $250,000 per depositor through our partner banking networks.

How fast do incoming international transfers arrive?

Wire transfers cleared over the global SWIFT network standard settle within 1 business day, while peer-to-peer Burling Savings transfers settle instantly.