Branch Launches New High Yield Savings Feature
Article excerpt
Debuting in the Uber Pro Card, the new high yield savings tool lets drivers and couriers earn up to 3.25% APY on their savings TAMPA, Fla., Oct. 1, 2026 /PRNewswire/ -- Branch, a leading provider of embedded financial services, today announced the launch of High Yield Savings, a new savings tool embedded directly into the Branch App and other custom branded applications powered by Branch, such as the Uber Pro Card. Debuting first with Uber, High Yield Savings lets workers earn up to 3.25% APY on the money they set aside, without leaving the app they already use to get paid. Hourly, tipped, and 1099 workers not only often face unpredictable income and cash flow, but also limited ways to set aside and grow their savings. Some high yield savings options come with monthly direct deposit requirements or card-spending thresholds that don't fit the way variable-income workers earn. Branch takes a different approach by enabling workers to earn the top rate simply by keeping an average daily balance of $500 or more. High Yield Savings has no fees and no minimum balance required to open, so every dollar starts earning right away. Workers can move money at any time, typically with no transfer fees, set up automatic contributions on a daily, weekly, every-two-weeks, or monthly schedule, and watch their interest accrue and pay out each month. Because it lives inside the Branch App...
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High Yield Savings will first roll out to Uber Pro Card holders, giving drivers and couriers a simple way to grow their earnings, before expanding across the Branch App and other Branch-powered applications from there.
