elroy's Savings Vault offers a current Annual Percentage Yield (APY) of 3.75%, which allows you to grow your savings at an attractive interest rate. APY is the effective annual rate of return, taking into account the effect of compounding interest.

The higher the APY, the more interest you will earn on your savings balance over time.

With elroy's Savings Vault, your interest is compounded, allowing you to earn interest not only on your initial deposit but also on the accumulated interest, maximizing your savings growth.