Rewards may vary and are subject to eligibility requirements. Earn is not currently available to Morse users in the UK or EU.
Understand how Earn works
Your Earn balance pays boosted cash rewards of up to the equivalent of 3% annually on eligible balances, if you've completed a qualifying action in the last 31 days.
There are two rates:
A boosted annual reward rate when you've completed a qualifying action in the last 31 days
0% reward when you haven't
Your reward rate is 3% per year, calculated daily, and rewards are paid into your Earn Balance each day.
Example
If you hold 1,000 USD in your Earn Balance for a year and maintain your boosted rate all year, you’ll have earned 30 USD of rewards (3% of 1,000) by the end of the year.
Your app shows which actions count for you — different actions are available depending on what features you have access to – and your potential boosted rate, so check the Earn tab on Morse.
Your Earn Balance is separate from your main Morse Balance, so you can move money freely between your Morse Balance and Earn Balance, depending on how much you’d like to earn rewards on.
Boost your reward rate
Complete one qualifying action and your annual reward rate increases to the boosted rate. Completing more than one qualifying action does not increase your rate further.
Your boost lasts 31 days from your most recent qualifying action. Complete another qualifying action before it runs out, and the 31-day period starts again. Go 30 days without one, and your annual reward rate drops back to 0%.
Get paid every day
Your annual reward rate is applied daily, and the resulting reward is paid into your Earn Balance the following day.
We pay in whole cents. If a day's interest comes to less than a cent, it carries over to the next day and pays out once it reaches a cent — so nothing's lost, but small balances won't pay out every day.
Example
For example, if you keep 50 USD in your Earn Balance at a 3% annual reward rate, you'll earn about $0.0041 on day one and $0.0082 after day two. By day three, your rewards will total about $0.0123, so you'll see you’ve earned a reward of $0.01, with the remaining $0.0023 carrying over to the next day.
When your rate changes
Each day's reward is calculated using the annual reward rate that applied to you that day. If your boost runs out on a Tuesday, you're paid the boosted rate up to Tuesday and 0% after — we don't go back and change days you've already earned.
Earn is a promotional program. It's covered by the Promotional programs section of our Terms and the disclosures linked there — see General promotions for details.