Do you love your business account? Mayfair users say that we're “night and day better than everything else." With Mayfair, you can earn 5.02% APY and protect it with up to $50m of FDIC insurance. High-yield, low-risk, fully liquid, simple.
Hi folks,
In the year since we first launched Mayfair on ProductHunt, we've witnessed a historically rapid increase in interest rates, not to mention the sudden collapse of banks that almost everyone assumed were stable.
Founders and business owners are torn between the desire to earn yield on their cash and the fear of putting it anywhere but the major, “too big to fail” banks where it earns next to nothing.
We rejected the solutions offered by our competitors. Money market funds? Too many embedded risks. Treasury bills? Exposed to market volatility. Cherry-picking banks? March 2023 shows that doesn’t work.
With Mayfair, you don't have to choose. We've created a cash account offering one of the highest yield rates available to businesses—5.02%—and paired it with access to $50m in FDIC insurance, plus the reliable liquidity of cash. That means that for most businesses, worries about bank runs, “liquidity” fees on withdraws from money market funds, and general institutional stability is a thing of the past.
Best of all, we've built an intuitive treasury management tool that’s designed to adapt to how you run your business, with features like:
• Free same-day and next-day transfers
• Automated cash sweep
• Multi-entity management from a single dashboard
From the beginning, we built Mayfair to be as secure and risk-free as possible. Today's launch (and our recent SOC 2 Type 2 certification) is another step towards that goal. Along the way, we've also built one of the most intuitive, highest-yield cash management tools available to businesses.
Mayfair is addressing a real pain point by helping people earn more from their cash.
Mayfair takes photo editing to the next level. It's a must-have for any aspiring photographer.
Congrats on Mayfair! The photography community will love this. Any plans to add more editing tools in the future?
What’s up with the growth of the yield chart in the hero pic here?
That’s more than 5% per year. 😄
Mayfair is addressing a real pain point by helping people earn more from their cash. The interface looks sleek and user-friendly. How do you ensure the security of the investments?
I was a happy Mayfair customer way before joining the team. This is great news - higher yield, low risk, total liquidity and tons of fdic coverage :)
Why wouldn’t you use this? It’s a no brainer. It’s part of the basic list of things for startups and companies I advise.
Mayfair is changing the game! What makes Mayfair stand out from similar products? What are the benefits of the 5.02% APY? How is Mayfair ensuring the safety of customers' funds?
Congrats on the launch, @matthew_eley!
Curious how this compares to Wealthfront. They're offering 4.8% APY (less but close to what Mayfair is providing) for fully liquid cash accounts, FDIC insured up to $8M (also less than you but most won't hit that limit).
About Mayfair on Product Hunt
“Your cash shouldn’t be earning peanuts.”
Mayfair launched on Product Hunt on October 26th, 2023 and earned 110 upvotes and 48 comments, placing #9 on the daily leaderboard. Do you love your business account? Mayfair users say that we're “night and day better than everything else." With Mayfair, you can earn 5.02% APY and protect it with up to $50m of FDIC insurance. High-yield, low-risk, fully liquid, simple.
Mayfair was featured in Fintech (46.9k followers), Money (4.5k followers) and Finance (5.8k followers) on Product Hunt. Together, these topics include over 23k products, making this a competitive space to launch in.
Who hunted Mayfair?
Mayfair was hunted by Matthew Eley. A “hunter” on Product Hunt is the community member who submits a product to the platform — uploading the images, the link, and tagging the makers behind it. Hunters typically write the first comment explaining why a product is worth attention, and their followers are notified the moment they post. Around 79% of featured launches on Product Hunt are self-hunted by their makers, but a well-known hunter still acts as a signal of quality to the rest of the community. See the full all-time top hunters leaderboard to discover who is shaping the Product Hunt ecosystem.
Want to see how Mayfair stacked up against nearby launches in real time? Check out the live launch dashboard for upvote speed charts, proximity comparisons, and more analytics.
Matthew Eley