Borrow Against Your Savings with the Solid Card
Most financial products force a trade-off.
If you want to spend, you reduce your savings.
If you want to grow your savings, you avoid spending.
Solid removes that trade-off.
With the new Borrow Against Savings feature, Solid Card users can borrow USDC against their yield-bearing savings and spend it anywhere Visa is accepted — while their original funds keep earning yield in the background.
You don’t sell your assets.
You don’t break compounding.
You simply unlock liquidity from what you already own.
When you deposit into Solid Savings, your funds are converted into soUSD, a yield-bearing stablecoin that automatically earns interest. Instead of treating those savings as idle, Solid allows you to use your soUSD as collateral to borrow USDC at a low rate.
That borrowed USDC is sent directly to your Solid Card, ready to spend in the real world.
Your savings stay invested.
Your yield keeps compounding.
Your card gets funded.
All at the same time.
Why this is powerful
At the time of writing:
- Savings APY ≈ 7%
- Borrow APR ≈ 1%
This means users currently earn more on their savings than they pay to borrow.
In simple terms, you’re generating positive carry:
You earn ~7% on your savings
You pay ~1% to access liquidity
Net ≈ +6%
Your money continues working for you even while you’re spending it.
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A simple example
You deposit $1,000 into Solid Savings.
Your $1,000 begins earning yield automatically.
You then borrow $700 USDC against that position and deposit it to your Solid Card.
You can now pay for everyday expenses — groceries, rent, travel, subscriptions — while your original $1,000 continues compounding in the background.
No selling.
No withdrawing.
No giving up future upside.
How the system works
Borrowing is powered by a pooled lending model:
- Users supply soUSD as collateral
- Users borrow USDC from a shared pool
- Interest accrues in real time
- Borrow and repay anytime
- No origination fees or hidden charges
Rates adjust dynamically based on overall supply and demand, and the system is designed to keep borrowing affordable.
Solid also uses a conservative borrow ratio (around 70%) to maintain safety and stability.
What happens on the card
Your Solid Card always holds USDC.
From the card provider’s perspective, this looks like a normal USDC deposit. The borrowing logic lives entirely on Solid’s side.
This separation keeps spending seamless while the financial mechanics remain on-chain.
Repaying your loan
When you repay your borrowed USDC:
- Your loan balance decreases
- Your locked soUSD collateral is released
- Your card balance does not change
Once your loan is fully repaid, you can withdraw your savings at any time.
Safety considerations
soUSD is a stable, yield-bearing asset designed to steadily increase in value.
Because of this:
- Liquidation risk is extremely low
- Borrow limits are conservative
- The system is built for stability, not speculation
This model is fundamentally safer than borrowing against volatile assets.
Limited-time promotion
For a limited time, users who deposit into Solid Savings and borrow against it on their Solid Card receive a 5% deposit bonus.
- Max bonus: $50
- Equivalent to a $1,000 deposit
- Available for the next month
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The bigger picture
Traditional finance pays you little to save and charges you a lot to borrow.
Solid flips that model.
Your savings earn yield.
Your borrowing stays cheap.
Your money never stops working.
This is what modern, on-chain banking is supposed to feel like.