How can I maximize my earnings with my Higlobe account?

Overview

Higlobe Earn is a financial service tailored for professionals and businesses in Mexico and Brazil who receive payments in USD from the USA. By enrolling in Higlobe Earn, users can earn yield on balances held in their Higlobe account, while retaining the flexibility to convert and withdraw earnings in local currencies (MXN or BRL). This service provides an opportunity for businesses and freelancers to maximize their earnings without compromising access to their funds when needed.

Key Features

• Earn yield on Higlobe Balances: Start earning yield on your balance in your Higlobe account without altering your existing business processes or payment methods. Yield will be paid in USDC, which is the currency held in your account.
  
  
• Easy Opt-in/Opt Out: When you opt in, your entire Higlobe balance will earn yield. If you change your mind, simply opt out, or withdraw your entire balance.
  
  
• Instant, Low-Cost Withdrawals: Convert your  earnings to local currencies instantly with market-leading low rates, eliminating concerns about high conversion fees.
  
  
• Track Lifetime Earnings: Monitor your total yield earnings over time, offering transparency and a clear understanding of your balance growth.
  
  
• Simple Activation: Enroll quickly through the Higlobe platform with no complex setups or extensive financial knowledge required.
  
  
• Seamless Integration with Higlobe Services: Continue using all existing Higlobe services, including cross-border payments alongside this new feature.

Frequently Asked Questions

How do I start earning yield with Higlobe Earn?
You can start earning a yield by opting in through a website. You will begin earning yield on your entire Higlobe balance automatically. 

Is there a minimum balance required to earn yield?
No, there is no minimum balance required. You can earn yield on any balance you choose to maintain in your Higlobe account, no matter how small.

How often is yield calculated and paid?
Once you opt-in, you will earn a yield any day in which you have a positive balance in your account for an entire 24-hour day, starting at 0:00 Greenwich mean time and ending at 0:00 GMT on the following day. 

Yield payments will be added to your Higlobe account balance weekly, usually a few days after the end of the week. 

But there is no need to maintain a positive balance for an entire week. Once you opt in to Higlobe Earn, you will earn yield on your balance for any day on which you have a positive balance for the entire day. 

What is the yield rate for Higlobe Earn?
The yield average annual rate is 3% APY. 

Are there any fees for using Higlobe Earn?
Higlobe Earn is free to use for all customers. The only fees apply when converting and withdrawing funds to local currencies, but these are guaranteed to be the lowest conversion costs available.

Can I choose to earn yield on only a portion of my Higlobe balance?
Not currently. If you choose to opt-in, yield will be applied to the full balance that you maintain in your Higlobe account. 

Will I earn yield on my balance on the day that I opt in to Higlobe Earn? 
No. You will only earn yield on balances that are in your account for an entire day, so no yield will be paid on the day that you opt in. Similarly, no yield will be paid on the day that you withdraw your entire balance.

What happens if I opt out of Higlobe Earn and then opt back in on the same day? 

If you opt out of Higlobe Earn, even briefly, and then opt back in on the same day, you will lose eligibility for earnings for that entire day. To earn yield for a particular day, you must remain opted to Higlobe Earn for the full day, from the start of the day until the end of the day (12 am to 12 am), without opting out at any point.

What if my balance increases or decreases part way through the day, for example if I receive a payment, or make a partial withdrawal? How will yield be calculated for that day?
Yield returns for any single day are calculated based on the lowest balance that is in your account on any day. So if your balance increases during the day, yield will be calculated on the lower of the two amounts, amount that was in your account before the increase (though of course you will be credited with yield on the full balance, including the deposit, the following day).  Similarly, if you make a withdrawal in the middle of the day, yield for that day will be calculated based on the balance remaining after your withdrawal. 

How to set up my Higlobe account to start earning:
1.-  Activate the option in the Opt-in and turn it on by sliding the button.

2.- A green box will appear, confirming that 'Higlobe Earn is on' and that it has been successfully activated.

3.- Click on 'Profile Details,' where a purple box will appear. Slide the button to activate 'Higlobe Earn,' an option that you can turn on or off as many times as you wish.

4.- You can confirm the option is activated when the sliding button turns green.

5.-A 'Higlobe Earn' box will appear. Activate the green option to increase your balance once you receive a payment from your clients or payor, then check the box to confirm.

6.- In this section, you can track your earnings activity. The earning will be 3% APY per year.

Higlobe Earn offers a convenient way to grow your balance by activating simple options directly within your profile. With secure, transparent tracking of your earnings, it's an efficient tool to maximize your funds and take full advantage of the platform’s features.

If you need further assistance, our Support team is available during business hours in Mexico (GMT-6) and Brazil (BRT) from 9:00 AM to 6:00 PM, Monday to Friday via Live Chat or by email at support@higlobe.com. Please ensure that when you contact us by email to use your Higlobe registered email address.