levo
Levo is a spendable investment account. Your money stays invested in the market, but you can access it anytime with a debit card and other convenient checking account features.
Disclaimer: Levo is a financial technology company, not a bank. The money in your Levo account is invested in financial assets and can lose value. Banking services and debit card are provided by Bancorp Bank.
When you leave money sitting in your bank account, it steadily loses value due to inflation. Meanwhile, the bank lends your money out to others. Banks earn an average of 3.5% a year on those loans. They pay you an average of 0.04% and keep the rest as profit. Wouldn’t it be nice if your money was earning a profit for you instead of for your bank?
Levo has the key features you need to replace your checking and savings accounts, so you can save and spend without missing out on investment returns
Spend from your Levo account just like you would spend from a checking account. Your Levo debit card also works with Apple Pay, Google Pay, and Samsung Pay.
Have your paycheck deposited directly into your Levo account and auto-pay bills directly from it
Use your Levo debit card to withdraw cash from a network of ATMs fee-free
Encryption, two-factor authentication, configurable spending limits, and in-app card freezing help keep your account safe
Note: Levo does not currently support cash deposits, check deposits, or checkwriting, so if you require any of these features then you’ll need to keep a checking account with your existing bank
The money in your Levo account stays invested in a globally diversified portfolio of financial assets consisting of stocks, bonds, real estate, and gold. The objective is to outpace inflation without taking on too much risk.
Levo performance is adjusted for inflation and a 1% management fee, taken monthly. Cash performance is inflation adjusted
Inflation values are calculated monthly from historical CPI index values given by the Bureau of Labor Statistics
Past performance is not a guarantee of future performance
When you keep your money in cash, you’re locking in a loss due to inflation. Keeping your money invested solves that problem.
We charge a fee of 1% of assets per year. There are no other fees to use Levo.
We’re hard at work getting Levo ready for its public launch. Join our waitlist now to be one of the first to get a Levo account.
Levo Financial is not a bank. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which should be read carefully before investing.
Levo Financial users must be 18 years of age or older, reside in the U.S. with a valid U.S. address, and have a valid SSN.
The minimum deposit to open a Levo account is $100. All accounts are subject to approval and you may cancel email subscriptions at any time.
Banking services and debit card usage will be supplied by third party providers and issuing bank information will be found on the back of your debit card.
This content, developed by Levo Financial, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
Apple Pay, Google Pay, and Samsung Pay are trademarks of Apple Inc., Google LLC, and The Samsung Group, respectively.