Neon Money Club Unveils the TIME™ Account: A Simple Approach to Investing Backed by 67 Years of Performance Data

Neon Money Club Expands Access to its Innovative TIME™ Account, Encouraging Long-Term Investment Over Short-Term Gains

Neon Money Club, the innovative lifestyle finance platform behind The Cream Card™ (on the Amex Network), which allows cardholders to invest their points into the stock market, is thrilled to announce the launch of TIME™, an investment account, designed with simplicity and driven by 67 years of S&P 500 performance data.

The TIME™ Account, previously exclusive to Cream Card holders, will now be accessible to everyone through the Neon Money Club app, now available in the Apple App Store. The announcement debuts with a campaign video featuring 5X Olympic Gold Medal Champion, Elaine Thompson-Herah, one of the world’s fastest women, emphasizing patience and the impact of TIME™ in achieving long-term success. The rare and intimate campaign captures the essence of the TIME™ Account where long-term investment is the emphasis. This expansion marks a pivotal moment in Neon Money Club’s commitment to making financial wellness approachable for everyone.

“80% of the stock market is owned by people over the age of 55. The greatest advantage younger people have is TIME™. With the TIME™ Account, we aimed to create something that highlights the natural advantages younger investors have: TIME, patience and consistency,” said Neon Money Club Co-Founder and CEO, Luke Bailey. “Investing can be daunting, but the positive feedback from our members inspired us to share this tool with the world. It’s user-friendly, reduces the stress of picking stocks, and offers an alternative for those earning minimal interest on their savings, who are ready to try investing.”

The TIME™ Account requires a minimum investment of $1000, and sign up takes just 1 minute. Members are matched with ETFs that fit their personal profile. All ETFs in the TIME™ Account track the S&P 500, one of the world’s oldest stock indices. The S&P 500 represents the 500 leading publicly traded companies in the U.S. and has returned a historic annualized average of around 10.26% since its inception in 1957 through the end of 2023. TIME™ matches people with investment offerings that cater to different risk appetites, whether your investment preference is conservative, moderate, or aggressive.

Unlike traditional investing apps that focus on charts, graphs, and short-term gains, the TIME™ Account features a simple clock-like design. This innovative approach emphasizes the duration and consistency of members’ investments, promoting a long-term investment mindset over short-term thinking and quick flips. The ETFs within the TIME™ Account are professionally managed, meaning they have a management team who edit and rebalance holdings based on market movements over TIME™.

“TIME™ is our way of making investing accessible and more human. We want to encourage a new generation to see investing not as a hurdle, but as a pathway to financial wellness,” said Jackie Liao, CPO Neon Money Club. “By expanding access to the TIME™ Account, we're empowering more people to take control of their financial future, no matter their level of expertise and emphasizing the importance of consistency and long-term growth. This is about making financial wellness an achievable goal for all.”

The TIME™ Account is designed to reduce the stress of picking individual stocks, and also provide an investment alternative for those receiving little to no interest on the money they have parked in a savings account. The account charges a monthly fee of $3, which can be waived and converted to a 0.5% annual fee with either recurring deposits of $100 or a $10,000 investment.

This expansion reflects Neon Money Club's commitment to offering innovative financial solutions that promote financial wellness for the long-term.

For more information about the TIME™ Account and other offerings by Neon Money Club, visit joinneon.com or download the app from the Apple App Store.

ABOUT TIME™

TIME™ is a personal investment account offered by Neon Money Club, designed to simplify the investing experience and promote a long-term investment mindset. Driven by 67 years of S&P 500 performance data, TIME™ provides users with a personalized portfolio by matching them with ETFs that track the S&P 500. The account charges a low monthly or annual fee, which can be waived with certain investment activities. TIME™ is part of Neon Money Club's commitment to making financial wellness accessible and straightforward for everyone. For more information, visit joinneon.com or download the Neon Money Club app from the Apple App Store.

ABOUT NEON MONEY CLUB

Neon Money Club is a lifestyle financial platform that lives at the intersection of finance and culture. It’s the exclusive home of The Cream Card™ on the Amex Network. The card allows members to convert their points to invest in the stock market at Neon Money Club.

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