Hub · Updated August 6, 2026

High-yield savings for gig workers.

High-yield savings for gig workers. A high-yield savings account pays a higher annual percentage yield (APY) than a traditional savings account. The APY is set by the bank, can change at any time, and is never guaranteed. Compare the full package before choosing.

Why records matter more than the app label

A gig worker evaluating a money app should look past branding. The same app can be described as banking, neobank, fintech, or a wallet while different legal companies perform each function. What matters is whether the app captures the records the worker needs at tax time: payer, date, gross, fees, net, mileage, and source documents. Kronos is designed around that recordkeeping job first, with provider-dependent money movement shown only where the current app flow enables it for the account and location.

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General educational information only; not financial, tax, or legal advice. KronosPay LLC is a financial technology company, not a bank or lender. Banking services, where available, are provided by a partner bank. Digital assets can lose value and are not bank deposits or FDIC insured.