So, YOU ARE earning interest on the savings. This is completely contrary to your earlier statement:
No, we do not earn interest on the savings.
Do you not see how someone in my shoes sees this as a little deceptive? You're middling in technicalities and details while ignoring that overall, the two descriptions create the same outcome.
we are redistributing that interest back to the individual.
Except it says the exact opposite on your website, quite clearly.
currently the way we are storing money does not earn interest at all. But this will change in the near future, and when it does earn interest, we will redistribute as described above. If money you've saved with Even earns interest, you keep it.
Just trust us.
I wish you luck going forward, but I think you are in for a world of hurt when the regulators come knocking.
So, YOU ARE earning interest on the savings. This is completely contrary to your earlier statement:
No, we do not earn interest on the savings.
Do you not see how someone in my shoes sees this as a little deceptive? You're middling in technicalities and details while ignoring that overall, the two descriptions create the same outcome.
we are redistributing that interest back to the individual.
Except it says the exact opposite on your website, quite clearly.
currently the way we are storing money does not earn interest at all. But this will change in the near future, and when it does earn interest, we will redistribute as described above. If money you've saved with Even earns interest, you keep it.
Just trust us.
I wish you luck going forward, but I think you are in for a world of hurt when the regulators come knocking.