First, you care because you know that when you deposit money in a bank, you are essentially loaning to the bank in exchange for interest. You find it unfair that while the big banks earn 4—8% a year on every dollar you deposit, they pay a mere 0.01% a year to you.



Second, you care because you know that the current U.S. inflation rate is above 2.6% based on Federal Reserve Bank of Dallas’ “trimmed mean ” inflation gauge. This means that if you deposit money with the bank that offers you anything less than 2.8% a year, you are losing money to inflation. It’s a leaky bucket, and that slow bleeding of your cash really adds up over time. Beam is proudly here to help you stop the bleeding.



Third, you care because, well, it is really a no brainer. If you deposit $15,000 with Beam, you’ll get paid—for free and FDIC-insured by banks—$1 a day, $7 a week, $365 a year, and on average over $10,000 by the time you retire. You get all that for just 1 minute of effort. You do the math.



Last but not least, much of today’s financial industry is about enriching the top 1% wealthiest or, worst, preying on the 10% poorest. Isn’t it time for a service that truly serves the 99% Americans? Beam is for the 99% Americans and most of us who are not privileged by birth.