Worthy allows you to support your creditworthy peers and provide capital for their loans in $10 increments. Investing in peer finance is a good way to diversify an investment portfolio.
Worthy tracks the left-over change from each debit card and/or credit card transaction you make. This “spare change” is rounded up to the next whole dollar. For example, you purchase a bottle of water with your debit card for $1.39, Worthy tracks the remaining $0.61 in order to round up your purchase to the next dollar. Next day you fill up your gas tank for $24.20, again Worthy tracks the remaining $0.80. So far, Worthy has tracked $1.41. As you go about your spending, Worthy keeps tracking your “spare change.” You can see the progress of your spare change adding-up on your app dashboard. Once the spare change adds up to $10.00, this triggers the purchase of a $10.00, 5% interest-earning bond.