How is Finder Earn different to a traditional savings account?

Posted: 11 April 2022 10:25 am
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Finder Earn is a new way to get a fixed 4.01% p.a. return on your capital. It's different to traditional savings accounts, but how does it actually work?

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Get 4.01% p.a. on your capital

Finder Earn lets you get a competitive 4.01% p.a. return on your capital. Start earning today, straight from your Finder app. T&Cs apply.

How Finder Earn works

When you use Finder Earn, you're converting your Australian dollars (AUD) into TAUD stablecoins, which are then lent to us. In exchange for lending us your capital (that is, your TAUD stablecoins), we will pay you a fixed fee of 4.01% p.a.

How does Finder Earn differ from a traditional savings account?


With Finder Earn, you'll get a fixed 4.01% p.a. return on your capital (i.e. your TAUD stablecoins). As of April 2022, the highest interest rate you can get on your money in a savings account is around 2% p.a., with many banks offering much lower rates.

Finder Earn returns are also paid out daily, whereas savings accounts normally pay interest once per month.


It's important to understand that Finder Earn has a very different risk profile to a traditional savings account. When you lend Finder Wallet your capital, you transfer ownership of the TAUD stablecoins to Finder Wallet.

If Finder Wallet becomes insolvent or subject to hacking or some other cybersecurity event, then you may incur partial or total loss of the capital. You will be an unsecured creditor in relation to your capital and any accrued returns. You can read the full list of risks here.

In Australia, money you deposit into a savings account is protected by the Financial Claims Scheme (FCS), up to $250,000. Finder Earn is not protected by the FCS.


With a savings account, you'll generally be issued with a debit card and can freely access and spend the money in your account.

When using Finder Earn, you are converting your money into TAUD stablecoin and lending it to Finder Wallet. If you wish to access your funds, you'll need to end the loan and convert your TAUD back into Australian dollars before withdrawing it to your bank account.

Eligibility criteria

Some traditional savings accounts have certain criteria that you'll need to meet in order to receive the highest interest rate. These may be age limits and deposit sizes, as well as growing your account size or making a certain number of transactions each month.

With Finder Earn, you can convert to TAUD and allocate and withdraw your capital at any time and there are no additional requirements to receive the fixed 4.01% p.a. return. However, you'll need to deposit a minimum of $25 and convert and allocate the TAUD to start using Finder Earn.


There are no fees for using Finder Earn. Some savings accounts may charge an account fee, but this will vary from bank to bank, and may be waived if you meet certain conditions.

Earn 4.01% p.a. on your capital

Finder Earn lets you earn a competitive 4.01% p.a. return on your capital. Even more, there's no lock-up period, no fees and we pay out each day, creating a compounding effect over time. Pop in your phone number below to get your download link.


Finder Earn is not a banking product or a savings account, and we are not investing on your behalf or managing your capital. It is offered exclusively through the Finder app and powered by Finder Wallet Pty Ltd. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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