Press Release · Tellus
Tellus Raises Reserve Account Rate to 8.00% APY to Help Savers Fight Inflation
Distributed by WebCreator Plus · Originally issued via PR Newswire
The new rate is more than twice the latest 12-month inflation rate, 3.7%.
MOUNTAIN VIEW, Calif., Nov. 12, 2026 — Tellus App, Inc. ("Tellus"), the proptech company behind the Tellus savings app, today raised the annual percentage yield (APY) on its Reserve Account from 7.75% to 8.00%. That equals its highest Reserve rate, paid from November 2023 to December 2025.
Consumer prices rose 3.7% in the 12 months to September, up from 3.4% in August, according to the U.S. Bureau of Labor Statistics. Energy prices rose 20.4%. October added another 0.4%.
"You can't control what prices do, but you can control what you save," said Jeromee (JJ) Johnson, President of Tellus. "Set money aside in Reserve and you earn 8.00% APY on it. Make it a payday habit, and you fight rising prices one deposit at a time."
How the account works:
- Reserve Account. A sub-account where savers earn more than the Boost base rate, up to a balance limit. Money above the limit flows to the saver's Boost Account. Boosts do not apply to Reserve.
What changes:
- Reserve Account. APY rises from 7.75% to 8.00%, effective Nov. 12, 2026. The rate may change.
- Who gets it. Existing and new Reserve Accounts. Limits start at $2,500.
- What stays the same. No fees, no lock-up. The Boost base rate is unchanged.
Tellus is on the App Store and Google Play, and on the web at web.tellusapp.com.
SOURCE Tellus
About Tellus
Tellus App, Inc. is a proptech company headquartered in Silicon Valley. The Tellus savings app helps people save with cash accounts powered by real estate, and gives independent landlords property management software. Tellus also offers business-purpose residential lending.
Tellus is not a bank. Tellus is not FDIC-insured. The FDIC-insured Deposit Account is provided by Central Bank of Kansas City, Member FDIC. Eligible deposits held at Central Bank of Kansas City are insured by the FDIC up to applicable limits in the event of the bank's failure. FDIC insurance does not apply to Tellus itself or to non-deposit products or services.
The Boost Account, Reserve Account and Vaults are not deposit accounts and are not FDIC-insured.
Rewards on Tellus's non-deposit accounts vary and are determined by each customer's actions and choices in the app.
See www.TellusApp.com for full terms and conditions.