Our biggest rate yet
Follows the
European Central Bank
Managed by
BlackRock
No minimums
No maximums
You could earn
Backed by BlackRock
Held in AAA rated, low-risk funds
Managed by BlackRock
BlackRock
BlackRock ICS Euro Liquidity Fund (Premier)
It doesn’t stop there
Yield earned daily, paid monthly
Available in Pounds, Euros and Dollars
Light speed withdrawals
November interest
+€67.50
October interest
+€62.52
September interest
+€64.38
August interest
+€66.60
July interest
+€65.58
June interest
+€61.92
Keeping your money safe
Regulated in the UK by the FCA
Regulated in the EU by EFSA
Questions a curious person might ask
Are there fees?
The rate shown (3.24% APY) is what you get after the fee of 0.10%, compounded monthly over a year. The fund’s current 1-day yield is 3.29%.
3.29% - 0.10% fees = 3.19% (3.24% when compounded).
What is a Money Market Fund?
A Money Market Fund is a low-risk investment that aims to give you a slightly higher return than cash. Unlike most funds that invest in bonds or shares, it invests in short-term debt.
This short-term debt is bought from governments, banks and companies with strong balance sheets and high credit ratings. In exchange, they pay interest to the fund.
Lightyear Savings allows you to invest in Money Market Funds. As with all investments, the value can go up as well as down. The yield generated by these funds changes daily and may also move in an unfavourable direction. Make sure to read and understand risks related to money market funds before investing, explained in our Risk Disclosure.
The prospectuses and Key Information Documents of these funds are available in our app and website, and on BlackRock’s website.
Which Money Market Funds do Savings Vaults allow to invest in?
Vaults allow you to invest in three BlackRock Money Market Funds, in three currencies:
For each fund, you can find the prospectuses and Key Information Documents on the fund instrument pages linked right above. The available funds are considered as qualifying money market funds by the fund manager BlackRock.
What countries are Savings Vaults available in?
Lightyear Savings is available in Austria, Estonia, Finland, France, Germany, Hungary, Italy, Lithuania, Luxembourg, Netherlands, Spain and the UK.
It is not currently available in Belgium, Croatia, Cyprus, Greece, Ireland, Greece, Latvia, Malta, Portugal, Slovakia and Slovenia.
How is the APY rate calculated?
What is the difference between yield for Savings Vaults and interest on uninvested cash?
Lightyear Savings allows users to invest in money market funds, earning you yield. On your Lightyear cash balance, you earn interest on your uninvested money. The euro yield for Savings is 3.24% and interest on uninvested cash is 2.00%. Money market fund distributions are generally taxed as dividends (and classified as such in the fund KID document) but this may differ based on your tax residency - make sure to understand your personal tax implications before investing.