How it Works
- Apply for your THS Savings Account.
- Deposit a minimum of $10 to open your account.
- Watch your money grow as it builds interest and you deposit more.
- Spend any amount of the money in your account on any services at THS at any time.
Beginning Deposit: $100
Monthly Deposits: $100
6 Month Timeframe
Total Deposited: $600
Account Balance: $895.29
More Info & FAQ
The THS Savings Account is a perfect way to plan for your next project. Whether you are looking at needing a song mixed or preparing to record a whole album, we want to help you make your project idea a reality. Our savings account allows to you deposit any amount (minimum $10 deposits) at anytime to fund your project.
If you're saving up money for you next project, and let's be honest, we all know making music is expensive, then you've got two options. You can save the money in your pocket or bank account and not make any interest, or you can save it in your bank's or an online savings account and earn around 1% APY interest or 2% at best. With a THS Savings Account, your money grows at an incredible rate of 100% APY. That's not a typo. 100% APY.
The money in your account is available for your use at anytime for any services offered at THS. You can let it build for a year or two or use it next month. Whatever you chose, it will be waiting and growing for you.
What if I decide to not pursue a project with THS? No worries. We allow withdrawals from your account at anytime and just charge a 25% withdrawal fee. Please note, the total amount you would be able to withdraw would only be 75% of the total you have deposited. We hope you never have to withdraw any of your money and can use the full benefit of the interest towards your project.
Will my money continue to grow if I don't use it? If an account is inactive for over 6 months (no deposits, withdrawals, or use of the money) the account will be classified as inactive and will not generate interest. If this occurs, you will be notified so you can take action to keep your account active.
How do I use my account balance for my project? If you are ready to use your account balance, email us at firstname.lastname@example.org. We will be in touch as soon as we can to help you schedule your studio time or project. Please allow 1-2 months from your request to use your account balance to your studio time or project start date. We do not guarantee any specific available days or times and your bookings will depend on what is currently going on at the studio. If for any reason THS is unable to provide services to you within that time frame, you may withdraw your money with no withdrawal fee.