Plinqit Company

Did you know? 71.5% have credit cards, but only 20% use high-yield savings! Plinqit Company’s new report shows we need to boost our savings rate: https://ow.ly/ap5l50TZH0n #FoundationPartner

Congratulations to our mini-pumpkin decorating contest winners, Dianne Sykes MS NSCA, Crystal Boyer, and Stephanie Noll! Thank you to everyone who voted - Stephanie Noll won the People's Choice vote! Happy Halloween!

It's Halloween 🎃, yes, but it's also #worldsavingsday! If saving was easy, there wouldn't be so many articles, books, and influencers/experts on the basics. We're partial to Plinqit's automated savings, which rewards savers for consuming #financialwellness and financial literacy content, and High Yield Savings by Plinqit. And we're honored to partner with exceptional #banks and #creditunions who offer Plinqit!

Is offering a higher APY #highyieldsavings account the key to #deposits? https://lnkd.in/g65mhG6R

Bubbling this back up from the cauldron.... Vote today!

One of our favorite things we do as a company is the mini-pumpkin 🎃 decorating contest. And now you can vote! Let's do a People's Choice vote. Comment below with your favorite by letter. There may be a little treat 🍬 in it for ya.

The top high-yield savings accounts offer an APY of 5% or greater – 10X the average rate of a traditional saving or checking account – but only 1 in 4 Americans earn this rate. #Bankers, could APY be your key to #deposits? Clearly a #highyieldsavings offering is. https://lnkd.in/g65mhG6R

A new survey of community bankers cited cost of funds as a top concern, amid the higher rate environment. “Right now, our motto is ‘Survive until 2025,’” one Pennsylvania community bank CEO shared. Technology costs and regulatory demands are also among the worries for today’s bankers. Check out the full recap of the survey findings in Banking Dive: https://lnkd.in/efUdej3E As a fintech company led by former bank executives, we understand these concerns, especially as many FIs are wrapping up their strategic planning for 2025. If you're like most banks and generating a steady stream of deposits is a priority, technology costs and regulatory requirements don’t have to slow you down. Especially if you’ve got a strong fintech partner with a team that has real-world banking experience. Got aggressive deposit growth goals on the horizon for 2025? Let’s talk! #CostofFunds #Deposits #Fintech

According to the Kansas City Federal Reserve, 95.5% of U.S. households have a bank account while 71.5% have credit card accounts. Yet Plinqit’s 2024 State of Savings report paints a stark contrast: only 20% of Americans are saving money in high yield savings accounts (HYSA). Why are so few consumers taking advantage of #highyieldsavings options, and what can #banks do to shift these habits while boosting #depositgrowth? https://lnkd.in/gXmpMufT

NEW INFOGRAPHIC! Check out the data behind Americans’ attitudes – particularly younger generations, like Gen Z – toward saving and savings behavior. Plinqit commissioned The Harris Poll to survey thousands of consumers about what they save for & why. https://lnkd.in/gMzyBsye