I might get around to doing the math myself, but what would be the APY given the expected earnings I calculated above with an average American savings account of say $7,000.
The EV on an annualized basis is around 3% right now because we are subsidizing some of the prizes currently. In the long run we will aim to match Marcus and Ally, which right now are at around ~1% but go up or down depending on market cycles.
