Cleva review

The monthly fee is $0 and Cleva runs a no monthly fee model, so holding the pot and using the card carries no standing charge. The return is interest on the balance at 3%, and the pot is an easy access account.

Cleva Pots sit under FDIC up to USD 250,000 protection, with the money behind them held in US Treasury assets. Cleva is registered with FinCEN in the US as a Money Service Business (MSB), a payments registration. Readers weighing safety of the money should read the deposit protection first, then the licence behind the brand.

Access terms state that you can withdraw anytime, with no lock-in and same-day withdrawal, and the pot is an easy access account. That suits anyone who treats the balance as spending money rather than savings locked away. The rate is variable, so the return can move while the money stays available.

It is a debit card, so spending comes straight from the balance rather than a credit line. Multi-currency support is listed among its features, which suits anyone who earns or spends in more than one currency. For readers comparing options, a prepaid wallet holds balances, while this card draws on a pot paying 3%.

It suits adults who want a card linked to a pot that pays interest, and who need access to the money without giving notice. Support runs on chat and help centre, so anyone who prefers a phone line for card problems should weigh that first. Cleva is based in the US and was founded in 2024.

The minimum deposit is $0, so there is no floor to clear before the balance starts earning. That makes it easy to open the pot and see how the account behaves before committing much money. The rate is variable, so readers should watch where the figure goes rather than treat the headline as fixed.

Multi-currency support is listed among the account's features, so the card is not tied to a single market. Readers who travel or are paid in another currency should weigh the conversion cost, which runs at a median of 1% across the group. The interest side stays simple, at 3%.