A. The 10% guaranteed interest rate and no minimum balance requirements are the primary advantages to keeping your money in a Capital Savings Fund account.
A. Yes! Over time there will be an increase in the percentage rate as the fund grows. Currently however the rate is a fixed 10% annual percentage of your deposit. Note that the interest applies only to what you have deposited. There is no compound interest. For example, $100,000 deposited for 1 year with no withdrawals would yield $10,000 dollars.
A. Sign in and click on “Profile” on the left.
A. Sign in and click on “My Account” on the left.
A. Sign in and click on “Contact Support” on the left. Just create a ticket requesting to close the account. We’re sorry to hear that you want to close your account. If we can improve your experience with us, please let us know what we can do.
A. Yes! Although Capital Gains Savings fund does not charge additional transfer fees, keep in mind that transfer fees charged by paypal, bank wires, cryptocurrencies, etc. can be deducted from your transfers by these institutions. It is up to you to find out what these amounts are. For example if you deposit $1000 by an international paypal transfer the final balance in your account may be $997. Please click here for more information on paypal fees and here for bank wire transfer rates.
A. Currently there is no special smartphone “app” to use but the site can be accessed from any internet enabled device.
A. Yes your savings are safe. We use HTTPS bank level security. Hypertext Transfer Protocol Secure (HTTPS) is an extension of the Hypertext Transfer Protocol (HTTP). It is used for secure communication over a computer network, and is widely used on the Internet. In HTTPS, the communication protocol is encrypted using Transport Layer Security (TLS). When you send sensitive information over an HTTPS connection, no one can eavesdrop on it in transit. HTTPS is what makes secure online banking and shopping possible.
A. There are no minimums or maximums.