Overview
PerpVia Financial offers two types of products—flexible-term and fixed-term products. Different rates apply to each type based on the user's status and subscription amount: standard rates, new user promotional rates, and tiered promotional rates.
- Standard rates: The base rates available to all users, offered for both flexible-term and fixed-term products.
- New user promotional rates: Available only to users who have never subscribed to any financial product. These rates are higher than the corresponding standard rates and are offered for both flexible-term and fixed-term products.
- Tiered promotional rates: Available only for fixed-term products. The higher the subscription amount, the higher the applicable rate.
For the specific rates, terms, and limits, refer to the product page for the latest information.
Rate Types
Standard Rates
Standard rates are the base rates for PerpVia Financial products. All users can subscribe, regardless of their status.
- Flexible-term standard rate: Funds can be deposited and withdrawn at any time, providing flexibility and making this product suitable for everyday idle funds.
- Fixed-term standard rate: Funds are locked for a specified term. The rate is generally higher than the flexible-term rate, making this product suitable for funds that will not be needed in the short term.
New User Promotional Rates
New user promotional rates are available exclusively to users who have never subscribed to any PerpVia financial product. These rates are higher than the standard rates for the corresponding products.
- Flexible-term new user promotional rate: The higher-than-standard flexible-term rate available to new users when they subscribe to a flexible-term product.
- Fixed-term new user promotional rate: The higher-than-standard fixed-term rate available to new users when they subscribe to a fixed-term product.
Once you complete your first financial product subscription, you are no longer considered a new user. The applicable limits and terms for new user promotional rates are subject to the information displayed on the product page.
Tiered Promotional Rates
Tiered promotional rates are available only for fixed-term products: the higher the subscription amount, the higher the rate. The product is divided into several amount tiers, with a corresponding rate for each tier.
For the amount ranges and corresponding rates for each tier, refer to the product page for the actual information displayed.
Product Overview
PerpVia currently offers 5 financial products, categorized by type and rate combination as follows:
| Product | Type | Eligible users | Rate features |
|---|---|---|---|
| Flexible-term standard rate | Flexible-term | All users | Base flexible-term rate; funds can be deposited and withdrawn at any time |
| Flexible-term new user promotional rate | Flexible-term | New users who have never subscribed to a financial product | Higher than the standard flexible-term rate |
| Fixed-term standard rate | Fixed-term | All users | Base fixed-term rate |
| Fixed-term new user promotional rate | Fixed-term | New users who have never subscribed to a financial product | Higher than the standard fixed-term rate |
| Fixed-term tiered promotional rate | Fixed-term | All users | The higher the subscription amount, the higher the rate |
Flexible-term products do not offer tiered promotional rates.
Frequently Asked Questions
Q: Who qualifies as a “new user”?
Users who have never subscribed to any PerpVia financial product, including flexible-term and fixed-term products, qualify as new users and can receive new user promotional rates.
Q: I have subscribed to a flexible-term product. Can I still receive the fixed-term new user promotional rate?
No. Once you have subscribed to any financial product, you are no longer considered a new user.
Q: Do flexible-term products offer tiered promotional rates?
No. Tiered promotional rates are available exclusively for fixed-term products.
Q: Where can I view the tiers and rates for the tiered promotional rate?
Go to the corresponding fixed-term product page to view the amount tiers and their rates.
Q: Why can't I see the new user promotional rate products?
New user promotional rates are displayed only to users who have never subscribed to a financial product. If you have a subscription record, you can choose a standard-rate product or a fixed-term tiered promotional rate product.
Risk Disclosure
- All rates are indicative annualized rates. The actual rates, terms, and limits are subject to the latest information displayed on the product page.
- PerpVia reserves the right to adjust product rates and rules based on market conditions.
- Financial products involve risks. Invest cautiously. Carefully read the product details and relevant agreements before subscribing.