Maximize Your Business Earnings with Mayfair: Earn 5.02% APY and FDIC Insurance
Maximize Your Business Earnings with Mayfair: Earn 5.02% APY and FDIC Insurance
Running a business is challenging, and one thing that shouldn’t add to your challenges is managing your business’s cash. That’s where Mayfair comes in. Users rave about Mayfair, describing it as “night and day better than everything else.” So, what’s all the buzz about? With Mayfair, you can supercharge your cash’s earning potential, offering a high-yield, low-risk, fully liquid solution for your business. And the best part? Your funds are protected with up to $50 million of FDIC insurance.
Diversify and Grow Your Business’s Cash Automatically
If you’re like most business owners, you want to make the most of your cash. Mayfair helps you achieve this effortlessly. You can access up to $50 million of FDIC insurance and earn an impressive 5.02% APY on your deposits, all from a single account. Get started in under 10 minutes and watch your earnings grow.
Protect Yourself from Future Bank Runs
Recent bank failures, such as Silicon Valley Bank and First Republic Bank, have highlighted the vulnerability of many financial institutions. The standard FDIC insurance of $250,000 is clearly insufficient for most businesses. If you value the security of your cash, Mayfair has you covered. Access up to $50 million of FDIC insurance coverage through Third Coast Bank SSB and our partner deposit network. Your funds are automatically spread across multiple banks, mitigating the risk of relying on a single institution.
Retain the Simplicity of a Single Checking Account
Managing your business’s finances can be complex, and maintaining multiple accounts at different banks can only add to the confusion. With Mayfair, you can keep things simple. We handle all the behind-the-scenes work, so you don’t need to juggle various accounts or allocate money between them. Your Mayfair account functions just like any other checking account, providing you with the ease and convenience you need.
In the year since we introduced Mayfair on ProductHunt, we’ve witnessed significant shifts in interest rates and even the sudden collapse of banks that were considered stable. This has left founders and business owners in a dilemma. On one hand, they want to earn a return on their cash, but on the other, they are hesitant to place it anywhere other than the major “too big to fail” banks, where it earns next to nothing.
Mayfair eliminates the need to make this difficult choice. We’ve created a cash account that offers businesses one of the highest yield rates available—5.02%. What’s more, we’ve paired it with access to $50 million in FDIC insurance, along with the reliability of cash liquidity. This means that for most businesses, concerns about bank runs, “liquidity” fees on withdrawals from money market funds, and general institutional stability are a thing of the past.
Our treasury management tool is designed to adapt to the unique needs of your business. It includes features such as free same-day and next-day transfers, automated cash sweep, and multi-entity management—all accessible from a single, intuitive dashboard.
From the beginning, we’ve focused on making Mayfair as secure and risk-free as possible. Our recent SOC 2 Type 2 certification is a testament to our commitment to security. Along the way, we’ve developed one of the most intuitive and high-yield cash management tools available to businesses.
With Mayfair, your business’s earnings are maximized, and your cash is protected. Say goodbye to the limitations of traditional banking and embrace the future of cash management. Get started with Mayfair today and experience the difference.
