Savings.Club is the United States implementation of the global purchasing-consortium model: known as consórcio in Brazil, consorcio across Latin America, Bausparkasse in Germany, tanda in Mexico, chit fund in India, and 會 (hui) in the Chinese diaspora. Academically classified as a Rotating Savings and Credit Association (ROSCA). A flat-fee alternative to bank loans for vehicles, commercial real estate, robots, aircraft, and equipment.

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How Savings Club works

No banks. Flat fee instead of compound interest. No debt. Just people saving together to buy what they need.

FDIC-insuredNo credit check5,000+ members
01

You join a savings pool

A group of people who all want to buy the same type of asset. a car, a house, equipment. contribute monthly to a shared pool. Think of it as a group savings account with a purpose.

02

The pool grows every month

Every member contributes their monthly amount. The pool accumulates real money, held in FDIC-insured trust accounts. No bank is lending you anything. This is real savings from real people.

03

Members receive allocations

Each month, the pool has enough to purchase an asset for one or more members. Allocations happen through a combination of time in the pool and bidding. Early contributors can receive their asset before they've finished paying.

04

You get your asset

When it's your turn, Savings Club issues a voucher for the full purchase price. You buy your car, your house, your equipment. paid in full, no loan, flat fee. You continue your monthly contributions until the pool term ends.

05

You pay one flat fee

Instead of compound interest that grows over time, you pay a single flat fee of 10% on the asset price. On a $30,000 car, that's $3,000 total. compared to $13,000+ in bank interest over 6 years.

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The difference on a $30,000 car

With a Bank
$43,176
7% APR · 72 months
$13,176 in interest
With Savings Club
$33,000
10% flat fee · no compound interest
flat fee
You save
$10,176
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