Gusto savings goals

Gusto savings goals are interest-bearing bank accounts designed to help employees connect payday and savings, making it easier to save for the unexpected and achieve greater financial security.1

With Gusto savings goals, employees can create up to five different, customized accounts to help them reach their financial targets. Each savings goal has a unique bank account number, making it easy for transfers to external accounts or direct bill pay. 

Upon opening a savings goal, employees can choose the amount they’d like to save from each paycheck. On payday, the selected amount is automatically deposited to the applicable savings goal. If an employee has multiple savings goals, they can choose how much they’d like to save to each goal from every paycheck. 

Savings goal accounts are similar to standard savings accounts, but better. Since these accounts are demand deposit accounts, employees don’t face the same withdrawal and transfer limits of a typical savings account. With savings goals, employees can make unlimited monthly withdrawals and deposits in and out of their savings goals, for no fee or penalty. Additionally, with an APY of 1.00%, they earn interest on the money kept in their account(s).2

1. The Gusto Cash Account, savings goals, spending account, and debit card are issued by nbkc bank, Member FDIC.

2. Cash Account Annual Percentage Yield (APY) as of 1/26/2023 is 1.00%. APY is variable and subject to change at our discretion, without prior notice. No minimum balance required. Based on the FDIC savings rate as of 1/17/2023 available at

3. Some fees, such as out-of-network ATM fees, may apply. Please review the terms and conditions carefully.

4. Gusto is a payroll services company, not a bank. Banking services provided by nbkc bank, Member FDIC.

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