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It's here: Savings Accounts & Interest!
It's here: Savings Accounts & Interest!

Looking to take your financial literacy enrichment to the next level? Check out ClassBank's Savings Accounts and automatic interest!

Katie Gracey avatar
Written by Katie Gracey
Updated over a week ago

We are excited to share with you the savings account and interest features! Thanks to many rounds of feedback with dedicated ClassBank teachers and students, Savings and Interest is now available!

One of the key areas we've focused on, thanks to your input, is the "Student Activity" page. From this page students will be able to view the balance of their savings account, set savings goals, and for teachers with a Pro subscription*, view their interest rate, how much interest they have earned, and what their projected monthly interest is.

We've also revamped the student dashboard to highlight how much students have in their checking and savings accounts, as well as motivate them to save and earn interest through the "Savings Snapshot". We believe that by making saving not just a necessity but a motivating journey, we can inspire students to achieve their financial goals with enthusiasm. The new dashboard is designed to encourage progress and celebrate milestones in a way that's both fun and rewarding.

Coming soon: Understanding the diverse needs of our users, we've also introduced the option for students to decide whether to do the math for their transactions. This flexibility allows for a more tailored experience, ensuring that our platform caters to the varied preferences and educational needs of our users.

Your feedback has been instrumental in guiding these changes. It's because of engaged and thoughtful users like you that we can continue to improve and offer a service that truly meets the needs of our community.

We're eager to hear your thoughts on these updates and hope to have them live in the next few weeks! Please continue to share your experiences and insights with us, as your input is invaluable in shaping the future of our platform.

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