What is the interest rate on the Summit Account?

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The Summit Account offers 1.00% annual percentage yield (APY) on all balances.

That's up to 100x more than big banks!*

*Based on a comparison of Aspiration's 1.00% APY interest rate to the following checking account interest rates reported by Bankrate for 10/27/18: Wells Fargo (0.01% APY), Chase Bank (0.01% APY) and Bank of America (0.01% APY).

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