Tellus

a comprehensive real estate platform

20 followers

Tellus is a comprehensive real estate platform offering a smarter way for investors, homeowners, landlords, renters, and property managers to thrive.
This is the 3rd launch from Tellus. View more

Tellus Boost

Earn 3% on your cash & boost your rate daily.
Start earning 3% APY on your money today! Discover daily rewards and complete challenges to supercharge your interest rate. Refer friends for interest rate rewards!
Learn more at: tellusapp.com/cash
Tellus Boost gallery image
Tellus Boost gallery image
Tellus Boost gallery image
Launch tags:FintechMoney
Launch Team
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What do you think? …

Blake Manzo
Hi Product Hunt! My name is Blake and I helped build this platform. The Tellus Boost Account harnesses the power of real estate to give you higher returns on your money. With a 3% APY intro rate for the first 100 days, a 2% minimum APY return rate after that, and the chance to boost your returns daily, we’ve created a secure place to help you make more money. We created Tellus because we realized the power of real estate was reserved for the few, not the many. We built the Tellus Boost Account, yielding 2% APY, to break down those barriers! We also believe real estate is going mobile, and so we wanted to make Tellus a mobile-first dashboard you can take with you. That’s how the Tellus app was born. You already know that our minimum rate of return is 2% APY (paid out daily!), but how do you boost returns even further? There are two ways: a free daily boost and a daily quiz question. With these boosts, you can increase your returns as high as 6% APY. If you love Tellus, tell your friends! When you refer a friend who joins Tellus, you’ll be rewarded with a unique boost for spreading the word. We believe in creating a sense of community and helping people earn the returns they deserve. I'm excited to see the Tellus Boost Account help people take control of their finances. Especially during times like these, it’s more important than ever to stick your money where it can really shine. The entire Tellus team is committed to making this platform the best it can be. We would love to hear what you and your friends think!
Smith
I had a number of high yield savings accounts around the 2% level, but all of them have dropped their rates to well below. Will the rate at Tellus ever fall below 2%?
Blake Manzo
@zhangyao nope, we give 2% as a minimum and you can earn as much as 6% through the usage of daily Boosts. Unlike other accounts, the rates don't depend on the fed rates because we secure our rates with real estate loans!
Caroline Mameesh
Hi everyone! I'm Caroline from the Marketing & Content teams here at Tellus. I'm so excited to be part of this launch, having seen Tellus Boost come to fruition. I graduated from Cornell University back in May during tumultuous times, and I am so incredibly grateful to have found a team, and a family, here at Tellus. Working at Tellus and in the startup environment has fueled my passion for innovation and for believing in people, and I hope to carry this with me when I (one day) enter the world of venture capital. I believe strongly in the innovation and people here at Tellus in particular; we all work hard each day to make our dreams of breaking down barriers in the real estate industry a reality. I'll be one of the people popping in to answer questions and respond to comments throughout the day. I look forward to hearing your thoughts on our launch!
Edwin Cheung
Can anyone sign up for this? Are there any restrictions?
Caroline Mameesh
@edwincheung_ Anyone located in the US over the age of 18 can sign up!
Ilya Tomrachev
just here to support you guys! your support team has been awesome and so helpful and I appreciate all the help they've given me!
Caroline Mameesh
@ilya_tom We're so glad to hear that! We also love working with our User Success team. They work so hard every single day to help our users get the best experience possible and to push us to make the best product!
Colin
What is the average interest rate we can expect to earn through the boost features?
Caroline Mameesh
@colin_zhou We give new users an intro rate of 3.00% APY for the first 100 days, and 2.00% APY minimum after that. Through the usage of Boosts, you can get up to 6.00% APY!
Markus Saitmacher
How are these yields generated? Do you use crypto lending protocols?
Blake Manzo
@markus_saitmacher1 Hi Markus! We do not use crypto lending protocols. Our returns are generated through real estate debt. Similar to a bank, we lend out funds secured by real estate mortgages and keep a portion of the interest as revenue. What's different is that we don't have the same operating overhead as a large bank (we don't have physical branches throughout the country and do not need to employ an army of people just to operate). As a result, when we lend out funds, we are able to pay out more of the interest directly to our users!
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