Tellus: Earn More Daily Software
Company Name: Tellus App, Inc.
About: Tellus is a real estate management platform for investors, homeowners, landlords, renters, property
managers, and service professionals.
Headquarters: Newark, Delaware, United States.
Tellus Overview
What is Tellus?
Tellus is a savings app that offers high-yield savings accounts backed by residential real estate. The app provides three types of accounts: Tellus Reserve Account, Tellus Boost Account, and Tellus Vaults. The app also offers customizable sub-accounts called Stacks to help users organize their savings and track their progress towards their financial goals. The app generates income by providing mortgages to single-family real estate borrowers for property improvements.
Features
- Tellus Reserve Account: Offers a 4.50% APY interest rate on balances up to $2,500.
- Tellus Boost Account: Offers a 3.00% APY base rate with no balance cap. Users can earn up to 6.00% APY with Free Daily Boost and Daily Trivia.
- Tellus Vaults: Offers a higher interest rate than the Boost Account by locking up money for a fixed period. Users can earn 3.15% APY with a 6-month Vault, 3.75% APY with a 12-month Vault, and 4.40% APY with a 24-month Vault.
- Stacks: Customizable sub-accounts to help users organize their savings and track their progress towards their financial goals.
- No fees: The app does not charge any fees.
- No lock-up period: Users can move their cash when they need it.
- Daily payouts: Users receive daily payouts.
- No crypto or stock exposure: The app does not invest in the stock market, crypto, or any other similar security.
- No credit check: The app does not require a credit check.
- Minimum deposit amount: $125.
- Banking services provided by Chase Bank, Member FDIC.
- Payment solutions provided by Stripe and Plaid.
Official Screenshots
Product Details and Description of
Saving in a traditional bank account these days is like lighting money on fire. Even high yield savings rates at 0.70% just do not cut the mustard. We think everyone should have access to passive income. this app delivers high yield backed by durable residential real estate, not the rollercoaster of the stock market or crypto. And what’s better? No lock-up periods and no fees. 4.50% APY WITH this app RESERVE ACCOUNT Jumpstart your savings and experience the highest-paying cash account with a supercharged 4.50% interest rate — 34x more than the national average savings rate[1], on balances up to $2,500. 3.00%-6.00% APY WITH this app BOOST ACCOUNT Put more money to work in a this app Boost Account with a solid 3.00% APY base rate — 23x the national average rate[1], on however much you want to save (no balance cap). If you’re lucky, you could earn as much as 6.00% APY with Free Daily Boost and Daily Trivia. 3.15%-4.40% APY WITH this app VAULTS Lock up your money for a fixed period in exchange for a higher interest than the Boost Account—earn 3.15% APY with a 6-month Vault, 3.75% APY with a 12-month Vault, and 4.40% APY with a 24-month Vault. No cap, deposit as much money as you like into a Vault. YOUR SAVINGS, STACKED YOUR WAY Stacks are simple, customizable sub accounts that help you organize your savings and track your progress towards your financial goals; whether it’s a saving for a vacay, a wedding, or pet insurance funds. You can even put your goals on auto-pilot by setting recurring transfers directly from your bank. HOW WE DO IT We don’t rely on the stock or crypto markets to deliver yield. We earn our money by providing mortgages to single family real estate borrowers for property improvements. They’re typically 6-18 month loans and are always fully collateralized. this app holds these loans on our balance sheet, and they generate a predictable stream of income for us. In turn, our members enjoy a variety of rewards. BENEFITS SUMMARY ● 3.00%-6.00% APY on your money ● No fees ● No lockup period (move your cash when you need it) ● Daily payouts ● No crypto or stock exposure ● No credit check It only takes minutes to sign up. Don't miss out, join now. Minimum deposit amount is $125. REAL CUSTOMERS. REAL REVIEWS. “This app is a very straightforward and very easy way to make a lot of money. Plus the customer service is wonderful to work with and brings you actual results without working through red tape or long waits. If you want to start really taking charge of your financial future, this is the way to go.” - Kylin H “Super easy to use, a great way to invest and save for your future, your goals, or for any reason you want to save!” - Erick S “#1 Savings App.” - MoneyAnd DISCLOSURES [1] Best High-Yield Savings Accounts for August 2022 | Bankrate “national average interest rate for savings accounts is 0.13 percent” as of August 2022. “The market” refers to the stock market. this app does not invest in the stock market, crypto or any other similar security. this app is not a bank. this app is not FDIC insured. All user deposits held in cash are custodied by Chase Bank (aka JP Morgan Chase). There are no fees for opening or using this app; however your bank might charge fees based on their terms of service. this app reserves the right to impose a funds aging requirement on certain deposits. Banking services are provided by Chase Bank, Member FDIC. Payment solutions are provided by Stripe and Plaid.
Top Reviews
By Katwoman1934
UH-MAZING!!
this app is amazing for so many reasons! First off, it’s FREE! I love being able to tell applicants that there is no charge to apply. I’ve even started to spin it by saying that we have waived the application fee. They always sound so grateful. Next best thing is that not only do they round up all the reports for you and put them all together in one place but they then - provide an analysis ‘with a recommendation’!!! It’s unbelievable! Even a monkey could select a good tenant using this! Of course, it’s wise to thoroughly look over everything but this gives you so much for nothing! And the customer service....is out of this world! No they are not there 24 hours a day - but they are there 99% of the time. The responses are quick, and even though it’s all been via chat, I get the impression that they are genuinely nice, friendly, and helpful people. And, I thought that the other reviews were kinda corny saying that they liked Zilly the kitty - but you really do come to love Zilly. I’m new to property management but my impression is that this is a game changer. They make it so easy that anyone can do it!
By A Merryman
All features easy to navigate!
For Landlords: Setting up a lease is easy. You are guided step-by-step and provided sample leases. They are drafted by lawyers to be thorough and incredibly reliable. Individual and group chats can be set up and navigated on the same page. For Tenants: It is easy to confirm an invitation from your landlord, review and sign the lease all in app. I was immediately taken to a screen with my address, lease date and amount info, whether there are any late fees, recurring fees (like pets) or other clauses. At the bottom it provides a quick chat option to the landlord. I can always double check my lease and instantly message my landlord.
By Jennax118
Amazing help for homeowners!
As a homeowner, I’ve tried a few different rent collection methods. Doing bank transfers wasn’t ideal because of the transfer caps. Recently I’ve used Venmo but found it hard to use. There isn’t a clean history of payments because the rent gets mixed into all your other transactions. The biggest headache is that I would have to follow up on late payments myself. I LOVE that Zilly sends automated reminders to the tenant, so I don’t have to worry about it. The app has a super user friendly interface and organizes all the info I need in one easy to access place. Highly recommend this for homeowners - this will make your life easier!
