Savvy cash offering to boost money management

Booster Savvy has been in the making for more than two years now and has now been released to investors.

It's innovative and there is nothing like it in the market making it impossible to pigeonhole. It's a MasterCard debit card which earns interest as it is linked to a cash fund. Plus it has a number of features to help users better manage their money and put additional funds into investment accounts such as KiwiSaver.

Booster managing director Allan Yeo says Savvy is unique as it is a transaction account that earns interest - something bank accounts do not offer customers. 

At launch it is offering a 5% return. "Booster is excited to be offering a more competitive return on every dollar, something different to what Kiwis have typically seen from standard on-call accounts."