Rewards Comparison
Get better terms from your banking app, by owning it!
Compare Accrew Owner Rewards against other debit products; see Owner Rewards Terms.
Your Rewards
Awards accumulate from this month onward. Choose Month 1 to model earning from launch. Your monthly spend must be over $400 to earn in any month.
Hypothetical Rewards Comparison
Compare projected Accrew Share value with estimated competitor cash rewards.
Compare against
Conditional on offering capacity: cumulative issuance, including recycled awards, exceeds the draft circular’s 40M-share offering size from month 24. Further issuance authority must be confirmed.
Accrew values are projected securities values—not cash back, a bank balance, or a guaranteed redemption amount.
Chase Debit: No guaranteed cash back on ordinary spending. This comparison assumes a one-time $50 payout per qualifying checking-account referral.
Accrew’s line uses the same Expected Profits illustration as the Owner Rewards Calculator. The 50% and 0% funding cases are not plotted here.
“Expected Profits” names the hypothetical funding scenario; the chart displays illustrative shareholding value, not realized profits or guaranteed returns. More users do not ensure profitability or cash availability. The lower cases reduce all assumed pool funding, including the opening seed. They are sensitivities, not probabilities, forecasts or a complete range of outcomes.
This calculator is a hypothetical illustration only. It is not a promise or guarantee of future performance, share value, cash availability, profitability, investment return or redemption proceeds.
The Accrew estimated share price may vary based on the rate of members redeeming Shares and the profit growth of Accrew. The share price values calculated above assume: collectively members will redeem 70% of their Shares for cash annually with Accrew reaching 5,000 members in the 1st year, 25,000 members in the 2nd year, 100,000 members in the 3rd year, 500,000 members in the 4th year, and 2,000,000 members in the 5th year.
Funding uses management’s revenue-based worksheet assumptions. Those amounts have not been reconciled to the net-income / net-interchange formula in the offering documents.
Competitor results represent estimated cumulative cash rewards under publicly available program terms as of August 4, 2026. They assume that all applicable transactions and referrals satisfy the competitor's eligibility requirements and that the relevant programs remain available for five years. Competitor programs, eligibility requirements, reward amounts, transaction exclusions and limits may change or be discontinued at any time.
The Discover calculation assumes 1% cash back on Monthly Spend of eligible debit-card purchases each month. The Chase calculation assumes two qualifying checking-account referrals at $50 each. The Chime result represents up to $400 because the actual referral reward varies based on the offer displayed in the member's Chime app. The Bank of America result reflects no guaranteed flat-rate debit-card cash back and excludes personalized BofA Rewards, Cash Back Deals and other individualized benefits.
The comparison excludes account fees, taxes, interest, the time value of money, personalized merchant offers and benefits unrelated to spending or referrals. Cash rewards and securities may have different tax consequences.
Chase, Bank of America, Chime, Discover and their respective trademarks are the property of their respective owners. Accrew is not affiliated with, sponsored by, approved by or endorsed by any competitor identified in this comparison. Competitor names are used solely to identify the products being compared.
Review the complete methodology, current source materials, Accrew program terms, offering materials and risk factors before making any financial or investment decision.
Disclosure:
Future values are based on Accrew reaching a projected number of users, and returns are not guaranteed with the potential to lose value. Accrew Shares are not FDIC Insured Deposits. Accrew Shares are not cash and do not have a fixed or guaranteed value. Any "value," or cash amount a Member receives upon a Shares Exchange/Redemption is variable and may increase or decrease over time. A Member may receive less cash upon redemption than they expected, and it is possible for Accrew Shares to decline in value.
Ownership and value represent an ownership interest in Accrew, Inc., not a guarantee of profit. Accrew Shares are non-transferable and are not publicly traded; a Member's only liquidity is redemption/repurchase by Accrew pursuant to these Terms, and redemption amounts may be less than anticipated.
You would own securities in Accrew, Inc., with limited voting rights and no public trading market. Redemption is discretionary, subject to restrictions and legally available funds. Shares are not ownership in a partner bank.
▸3 · Behind this monthMonth 6 · funding and awards
Your first earning month at the current settings. Expand for funding, issuance and award detail.Your first earning month at the current settings. Shares held reflect awards through this month only.
Month 6 · funding and awards
Your first earning month at the current settings. Expand for funding, issuance and award detail.Your first earning month at the current settings. Shares held reflect awards through this month only.
| Revenue stream | USD / month |
|---|---|
| Interchange | $22,680 |
| ATM revenue | $4,194 |
| Net interest margin revenue | $2,000 |
| Combined revenue | $28,874 |
| Assumed pool contribution | $7,219 |
25.00% source funding assumption × 100% realization × 100% case factor. Revenue and assumed pool contributions are not verified company profits.
- New users this month
- 400
- Newly issued shares
- 400,000
- Recycled shares reissued
- 152,739
- Total monthly award budget
- 552,739
- Your share of that budget
- 0.055556%
- Other members’ assumed cash outflow
- $261
- Hypothetical pool balance
- $23,082
- Shares outstanding · A + B
- 9,830,000
- Formula value per share
- $0.002348
Column K onboarding phase · 1,000 shares per new user (the workbook rate for this month), plus this month’s recycled redemptions. The budget stops at the Class B target.
Spending and invite rewards
| Reward source | Shares this month | Shares held | Hypothetical value |
|---|---|---|---|
| Qualifying spend | 245.66 | 245.66 | $0.58 |
| Successful invites | 61.42 | 61.42 | $0.14 |
The spending component uses the selected +2UP contribution weight. Each qualifying invite uses a 20% weight on $1,400.00 of average monthly member spend. Both components are included once in the total holding; displayed values are before redemption.
Through month 6: 2,391,395 cumulative shares issued — 2,000,000 newly issued and 391,395 reissued from redemptions; $20,561 assumed new pool funding; $479 paid out to other members in this scenario.
7,830,000 Class A + 2,000,000 Class B outstanding. Selected Class B target: 31,000,000.
31M Class B + 7.83M existing Class A = 38.83M combined before any additional equity. The separate 38M combined-target case is available in the assumptions below.
For comparison, the unscaled source workbook’s month 6 at $937.50 average spend has $21,382 combined revenue and $5,345 assumed pool funding. Current inputs recalculate both amounts; cached share values are not copied.
▸4 · Make the assumptions visibleInputs, methodology and review notes
Expand for scenario inputs, methodology and review notes.Every assumption behind the illustration, with downloadable artifacts and unresolved review items.
Inputs, methodology and review notes
Expand for scenario inputs, methodology and review notes.Every assumption behind the illustration, with downloadable artifacts and unresolved review items.
Working illustration for review. The revised workbooks and supplied terms do not yet describe one fully reconciled program. The adjustments and unresolved items below are part of this draft. This file is not a legal opinion or a certification that a public securities communication complies with applicable law.
▸Edit the monthly scenario
Updated to management’s stated $1,400 average. The financial workbook’s T1 still uses $937.50; changing this input recalculates interchange and spending weights. Personal spend remains a separate input.
Scales every monthly user count and rounds to whole users. The workbook path has no churn. 0% models no users; lower volume is not a forecast of slower growth.
Scales the revised schedule’s onboarding rate of 1,000 shares per new user in months 1–25, which funds the aggregate community award budget and is not a grant of shares directly to each new user. From month 26 column K stops issuing against new users, so this input has no effect there. 100% follows the workbook exactly.
Monthly fraction = 1 − (1 − annual rate)^(1/12). Applies to other Class B shares held at each month’s start. This member holds awards; Class A holders do not redeem in this model.
Scales the revenue-based contribution assumptions and seed. 100% is a management scenario, not an estimate of likelihood. The chart also shows the half and zero funding cases.
The circular describes a planned $3,000 seed upon qualification. This illustration does not establish that qualification or funding has occurred. Month 1’s contribution is added separately.
Optional dilution sensitivity. Additional shares receive the same pool economics. No proceeds are added to the pool. Financing principal is not revenue or profit.
In the 38M combined-target case, this reduces the Class B target; existing Class B shares are not automatically cancelled. Excess can be absorbed by retaining subsequent redemptions.
The supplied circular lists 7,830,000 existing Class A shares. The latest 31M Class B instruction therefore implies 38.83M combined. Both targets are operational assumptions, not guaranteed limits.
Turning a stream off removes its assumed revenue and associated pool contribution. It does not model the related expenses or a replacement business model.
▸Monthly ledger · shares, pool and hypothetical value
All 60 months use the Expected Profits funding case. The member is assumed to hold all awards throughout the illustration. Fractional shares are kept at full precision in the calculation and rounded only for display. A dash marks a scenario that needs ownership-cap review.
| Month | Users | Award / month | Shares held | Pool / USD | A + B outstanding | Value / USD |
|---|---|---|---|---|---|---|
| Month 1 | 100 | 0.00 | 0.00 | $3,212 | 7,930,000 | $0.00 |
| Month 2 | 400 | 0.00 | 0.00 | $4,241 | 8,230,000 | $0.00 |
| Month 3 | 800 | 0.00 | 0.00 | $6,661 | 8,630,000 | $0.00 |
| Month 4 | 1,200 | 0.00 | 0.00 | $10,634 | 9,030,000 | $0.00 |
| Month 5 | 1,600 | 0.00 | 0.00 | $16,125 | 9,430,000 | $0.00 |
| Month 6 | 2,000 | 307.08 | 307.08 | $23,082 | 9,830,000 | $0.72 |
| Month 7 | 2,500 | 307.06 | 614.14 | $31,657 | 10,330,000 | $1.88 |
| Month 8 | 3,000 | 268.58 | 882.72 | $41,940 | 10,830,000 | $3.42 |
| Month 9 | 3,500 | 241.94 | 1,124.66 | $53,837 | 11,330,000 | $5.34 |
| Month 10 | 4,000 | 222.40 | 1,347.06 | $82,244 | 11,830,000 | $9.36 |
| Month 11 | 4,500 | 207.46 | 1,554.53 | $113,566 | 12,330,000 | $14.32 |
| Month 12 | 5,000 | 195.67 | 1,750.20 | $147,570 | 12,830,000 | $20.13 |
| Month 13 | 6,000 | 268.57 | 2,018.77 | $189,989 | 13,830,000 | $27.73 |
| Month 14 | 7,000 | 241.94 | 2,260.70 | $238,696 | 14,830,000 | $36.39 |
| Month 15 | 8,000 | 222.40 | 2,483.11 | $293,181 | 15,830,000 | $45.99 |
| Month 16 | 9,500 | 258.68 | 2,741.79 | $355,235 | 17,330,000 | $56.20 |
| Month 17 | 11,000 | 234.79 | 2,976.58 | $425,842 | 18,830,000 | $67.32 |
| Month 18 | 13,000 | 254.15 | 3,230.73 | $506,581 | 20,830,000 | $78.57 |
| Month 19 | 14,000 | 165.98 | 3,396.71 | $593,635 | 21,830,000 | $92.37 |
| Month 20 | 16,000 | 222.41 | 3,619.12 | $687,775 | 23,830,000 | $104.45 |
| Month 21 | 18,000 | 207.47 | 3,826.59 | $791,507 | 25,830,000 | $117.26 |
| Month 22 | 20,000 | 195.68 | 4,022.27 | $926,012 | 27,830,000 | $133.84 |
| Month 23 | 22,000 | 186.14 | 4,208.41 | $1,069,259 | 29,830,000 | $150.85 |
| Month 24 | 25,000 | 217.01 | 4,425.42 | $1,225,683 | 32,830,000 | $165.22 |
| Month 25 | 30,000 | 268.59 | 4,694.01 | $1,429,515 | 37,830,000 | $177.38 |
| Month 26 | 35,000 | 118.87 | 4,812.88 | $1,667,111 | 38,830,000 | $206.63 |
| Month 27 | 40,000 | 78.90 | 4,891.78 | $1,938,758 | 38,830,000 | $244.24 |
| Month 28 | 45,000 | 69.62 | 4,961.40 | $2,242,588 | 38,830,000 | $286.54 |
| Month 29 | 50,000 | 62.29 | 5,023.70 | $2,576,148 | 38,830,000 | $333.29 |
| Month 30 | 55,000 | 56.36 | 5,080.06 | $2,937,175 | 38,830,000 | $384.26 |
| Month 31 | 60,000 | 51.46 | 5,131.51 | $3,323,574 | 38,830,000 | $439.22 |
| Month 32 | 65,000 | 47.34 | 5,178.85 | $3,733,412 | 38,830,000 | $497.93 |
| Month 33 | 72,000 | 43.19 | 5,222.05 | $4,176,305 | 38,830,000 | $561.65 |
| Month 34 | 80,000 | 38.93 | 5,260.98 | $4,809,745 | 38,830,000 | $651.66 |
| Month 35 | 90,000 | 34.81 | 5,295.79 | $5,508,280 | 38,830,000 | $751.24 |
| Month 36 | 100,000 | 31.15 | 5,326.94 | $6,278,143 | 38,830,000 | $861.27 |
| Month 37 | 120,000 | 26.90 | 5,353.83 | $7,279,710 | 38,830,000 | $1,003.72 |
| Month 38 | 140,000 | 22.76 | 5,376.59 | $8,471,746 | 38,830,000 | $1,173.04 |
| Month 39 | 160,000 | 19.73 | 5,396.32 | $9,839,738 | 38,830,000 | $1,367.46 |
| Month 40 | 180,000 | 17.40 | 5,413.72 | $11,370,278 | 38,830,000 | $1,585.26 |
| Month 41 | 210,000 | 15.17 | 5,428.90 | $13,123,990 | 38,830,000 | $1,834.89 |
| Month 42 | 240,000 | 13.15 | 5,442.05 | $15,144,252 | 38,830,000 | $2,122.48 |
| Month 43 | 280,000 | 11.38 | 5,453.43 | $17,483,764 | 38,830,000 | $2,455.48 |
| Month 44 | 320,000 | 9.86 | 5,463.29 | $20,178,582 | 38,830,000 | $2,839.08 |
| Month 45 | 360,000 | 8.70 | 5,471.99 | $23,201,634 | 38,830,000 | $3,269.62 |
| Month 46 | 400,000 | 7.79 | 5,479.78 | $27,504,262 | 38,830,000 | $3,881.47 |
| Month 47 | 450,000 | 6.96 | 5,486.74 | $32,202,748 | 38,830,000 | $4,550.30 |
| Month 48 | 500,000 | 6.23 | 5,492.97 | $37,337,144 | 38,830,000 | $5,281.79 |
| Month 49 | 570,000 | 5.53 | 5,498.50 | $43,601,213 | 38,830,000 | $6,174.13 |
| Month 50 | 640,000 | 4.89 | 5,503.39 | $50,571,412 | 38,830,000 | $7,167.51 |
| Month 51 | 730,000 | 4.32 | 5,507.71 | $58,381,348 | 38,830,000 | $8,280.91 |
| Month 52 | 820,000 | 3.82 | 5,511.53 | $67,117,746 | 38,830,000 | $9,526.69 |
| Month 53 | 930,000 | 3.38 | 5,514.91 | $76,897,427 | 38,830,000 | $10,921.52 |
| Month 54 | 1,040,000 | 3.00 | 5,517.91 | $87,791,604 | 38,830,000 | $12,475.57 |
| Month 55 | 1,170,000 | 2.68 | 5,520.59 | $99,902,770 | 38,830,000 | $14,203.51 |
| Month 56 | 1,320,000 | 2.38 | 5,522.97 | $113,476,319 | 38,830,000 | $16,140.26 |
| Month 57 | 1,470,000 | 2.12 | 5,525.09 | $128,551,529 | 38,830,000 | $18,291.49 |
| Month 58 | 1,635,000 | 1.91 | 5,527.00 | $147,477,575 | 38,830,000 | $20,991.70 |
| Month 59 | 1,816,500 | 1.71 | 5,528.71 | $168,164,724 | 38,830,000 | $23,943.70 |
| Month 60 | 2,000,000 | 1.55 | 5,530.26 | $190,634,453 | 38,830,000 | $27,150.61 |
This is a model ledger, not a record of issued securities, deposited funds or completed transactions. Cumulative recycled issuance may require additional offering capacity; see the review notes.
▸How each monthly calculation works
1. Revenue follows the revised monthly user path
Every existing user contributes one full month of modeled spending and ATM revenue. A new user contributes half a month, consistent with columns Y and Z of the financial workbook. All users are assumed active and eligible by month-end; real active-member and qualifying-spend records may differ. The sample member is assumed to make the full selected monthly spend from enrollment onward.
The financial workbook’s interchange rates rise from 0.90% in months 1–12 to 1.00%, 1.10%, 1.20% and 1.30% in each subsequent 12-month period. ATM revenue uses the supplied $2.33 assumption. Net interest margin revenue uses $1.00 per user in months 1–21, $1.50 in 22–33, $2.00 in 34–45 and $2.50 in 46–60. Those interest amounts reflect modeled balances of $2,000–$5,000 at 0.05% per month; they are company revenue assumptions, not an APY promised to a depositor.
2. Revenue-based funding is an explicit management assumption
The revised distribution sheet calculates column E as a percentage of the combined interchange, ATM and interest revenue in column D. This page carries those percentages forward, with the selected spending and revenue inputs. It does not label column E as verified net profit.
| Source months | Assumed contribution / combined revenue |
|---|---|
| 1–9 | 25.00% |
| 10–21 | 50.00% |
| 22–33 | 55.00% |
| 34–45 | 63.13% |
| 46–57 | 73.41% |
| 58–60 | 79.87% |
The supplied documents instead describe funding by reference to at least 90% of net income or 20%–50% of members’ net interchange, whichever is greater. The operating expense, partner-cost and net-income calculations must be reconciled before using these management percentages as a supportable public projection. This page makes no finding that sufficient distributable cash or legally available funds exist.
3. The revised column K schedule sets the aggregate award budget
The revised distribution sheet no longer issues against new users across the whole illustration. Column K runs in two phases, and this page reproduces both rather than copying the sheet’s cached random draws. Months 1–25 fund growth from onboarding at a flat rate; from month 26 the schedule holds member shares inside a band around the target and recycles redemptions instead.
| Source months | Column K rule |
|---|---|
| 1–25 | Redemptions recycled + 1,000 shares per new user |
| 26–60 | Target-band rule; no issuance against new users |
Replaying this rule against the workbook’s own cached redemption draws reproduces all sixty of its column K and column H values exactly. Month 1 issues against the opening user count with no redemption, matching the sheet. On the unscaled user path the onboarding phase accumulates exactly 30,000,000 member shares by month 25 — 30,000 users at 1,000 shares each — so the first band month issues the remaining 1,000,000-share shortfall to 31,000,000 together with that month’s redemptions.
Only the onboarding phase creates net new shares. From month 26 the budget is funded by recycling, total member shares stop growing, and the aggregate budget tracks redemption volume rather than user growth. A month with no new users and no modeled redemptions produces no budget and therefore no award; the page flags those months. This draft no longer adds the Terms’ 500,000-share fallback, because the revised schedule states its own behavior for every month and a floor would overstate awards.
Two things remain simplifications. Column K recycles same-month redemptions while the supplied Terms describe previous-month redemptions. Above-target balances are absorbed by retaining later redemptions rather than by cancelling issued shares. The band is expressed against the selected Class B target, so the 38M combined-target case applies the same 99.03% floor to its smaller target; the 5,000,000-share recycling cap is carried across from the sheet unchanged. The sample holding is excluded from other members’ redemptions.
4. Each eligible month adds this member’s award
The tier weight is zero at $400 or below, 60% over $400 through $800, and 80% over $800. Both award components are zero when personal monthly spend is $400 or below. Per revised column O, each successful invite uses a 20% weight on one full average member’s modeled monthly contribution, using the community average spending input ($1,400 by default). This replaces the earlier active-member-count shortcut. The fixed invite count is assumed qualified from enrollment and eligible throughout the scenario. These percentages determine share allocations; they are not cash-back rates, annual returns or guaranteed payouts.
The updated sheet separates spending awards and value in L/M/N from one successful invite’s awards, accumulated shares and value in O/P/Q. L applies 80% to the $1,400 sample spend; O applies 20% to the same $1,400 average-member basis. When personal spend equals community average spend and there is one invite, the invite component is one-quarter of the +2UP spending component. This page calculates both components separately and adds them once. It uses the current month’s actual modeled spending denominator in place of the sheet’s fixed 0.90% numerator against a changing interchange rate. The heading in L still describes $1,250 and one invite. The remainder of the aggregate budget is assumed allocated to other members; aggregate eligibility and allocation weights still require operational reconciliation.
5. Pool value changes with cash inflows and redemptions
Other members’ redemptions are modeled before that month’s funding and awards. Optional new Class A shares enter afterward and share in the ending pool; no financing cash is attributed to them. The 70% annual assumption is converted to a monthly fraction, approximately 9.55%, rather than applied as 70% each month. Reissued shares are later exposed to that same assumption; total yearly transaction volume can therefore exceed 70% of year-opening shares. The selected member makes no interim redemptions.
A displayed formula value is not a market quotation, liquidation value or realized gain. Cash is received only after a lawful, approved and completed redemption; actual proceeds may be zero. Taxes, cost basis, transaction adjustments, any applicable fees, losses and redemption restrictions are not calculated. No redemptions by Class A holders, SAFE conversions, employee awards or other capital changes are assumed unless additional Class A shares are entered.
▸Items to reconcile before public use
- Share target and capitalization. The latest instruction targets 31M Class B shares, while the circular lists 7.83M Class A shares and a 38M combined operational target. This draft exposes both cases. It does not assume the existing Class A count falls to 7M, or copy the workbook’s unexplained future Class A increases.
- Funding support. The financial workbook has 107 cached formula errors: 104 in “Net Income & ROI” and 3 in “Hydrogen.” Its operating-profit formula in column AP also does not include the new column AD interest revenue. Resolve the errors, expense and partner-fee definitions, and the net-income / net-interchange funding formula before substantiating a public earnings or value projection. Adding revenue does not establish incremental profit.
- Spending and monthly references. The updated $1,400 community average overrides T1’s $937.50 and recalculates interchange. Columns L/M/N and O/P/Q now inform separate spending and invite components. Their stale L heading and fixed 0.90% factors are not copied into the model. Month numbering follows column A and new users are always the difference from the immediately preceding month; subtotal rows cannot double-count onboarding.
- Issuance mechanics. This draft now follows the revised column K schedule directly: a flat 1,000 shares per new user in months 1–25, then a target-band rule that returns member shares to 31,000,000 whenever they leave the 30,700,000–31,000,000 band and otherwise recycles redemptions, at half weight above 5,000,000. The earlier uniform 1,500-share budget and the 500,000-share fallback are no longer modeled; the Terms’ prior-month recycling, fallback retention and 38M combined target must be reconciled with this schedule. The stochastic RANDBETWEEN redemption cells are still replaced with the disclosed deterministic annual assumption, so individual months differ from the workbook’s cached draws even though the rule is identical. Column G derives total supply as 9,000,000 + member shares in months 1–24 and 14,000,000 + member shares from month 25. That non-member base is neither the circular’s 7.83M Class A count nor either target case on this page, and it steps up one month before column K’s onboarding phase ends at month 25, so the two columns disagree about month 25. Both need reconciliation; this page does not copy either base. A rolling share price always divides by actual modeled A + B shares, not a hardcoded future denominator.
- Offering capacity and ownership limits. Cumulative monthly issuances include recycled awards. The page flags when that total exceeds the circular’s 40M-share offering size; it does not assume repurchases reset offering limits or that a new exemption or qualification is available. Review both the permitted share count and the applicable Regulation A dollar limit and period. The Terms state a 5% total-share ownership cap; the circular states 5% of Class B. If the stricter Class B cap is exceeded, member awards and values are withheld from that month onward instead of inventing an automatic cash payment.
- Redemption and financing. Any repurchase must satisfy the circular, program restrictions, Board or delegated authority, contractual obligations and legally available funds, including Delaware corporate-law limits. Debt proceeds do not create operating profit; interest, covenants, creditor priority and future equity or SAFE changes can reduce available cash and dilute or impair value. A formula balance is not a segregated personal bank deposit or an unconditional payment right.
- Offering status and communication review. Confirm the current filed / qualified offering documents, an accessible offering circular link, applicable state requirements and required legends for the actual offering stage and channel. Confirm whether an involved broker-dealer, adviser or bank imposes additional advertising, projection or approval requirements. A public issuer-stock calculator is not automatically eligible for FINRA’s investment-analysis-tool exception. “Hypothetical” labels alone do not cure an unsupported or misleading claim.
- Program disclosures. The September 11 management update sets +1UP at 60%, +2UP at 80% and each qualifying invite at 20%. The previously supplied Owner Terms and tier graphic contain earlier percentages; conform them, the app and the circular to the adopted update, including the average-member basis for referrals, the exact thresholds, lifetime active-member test, refund and dispute adjustments, applicable partner-bank references, allocation method and notice process. Preserve the separation between securities and deposits and any applicable banking consumer protections. Do not describe projected share value as earned cash, guaranteed profit or SEC-approved performance.
This review draft provides concrete modeling and disclosure changes. Qualified U.S. securities counsel and the responsible compliance personnel need to resolve these source conflicts and assess the actual use before publication. It is not a legal opinion.
▸Source documents and primary legal references
Supplied modeling materials
- Accrew Owner Rewards Distribution.xlsx — Expected, months 1–60: A (month labels), B (users), C–E (revenue and assumed funding), G/H (share supply and member shares outstanding), J (modeled redemptions), K (the revised two-phase issuance schedule), L/M/N (80% sample spending awards, accumulation and value), O/P/Q (20% successful-invite awards, accumulation and value). Users, revenue and assumed funding in B–E are unchanged from the prior workbook; column K is the revision this draft implements, as a rule reproducing all sixty of its cached values. +1UP’s 60% weight follows management’s accompanying instruction. Cached random redemptions, historical hardcoded capitalization and cached holding values are not reproduced.
- Accrew Financial Projections 9-10-26 (2).xlsx — Net Income & ROI, U–AE: month and user path, half-month spending for new users, interchange, ATM and net interest margin revenue. T1’s community spending baseline is available as a comparison.
- Accrew Member_Owner Terms (4).pdf — Supplied four-page terms, including the embedded allocation formulas on page 1 and share-price / redemption mechanics on page 2, and the earlier tier and boost graphic. Their reward percentages and referral averaging convention are superseded in this illustration by the September 11 instruction and revised distribution sheet; the operative documents still need conforming updates.
- Accrew_Offering_Circular_Clean_2026-08-27 (1).docx — Supplied draft circular: 7.83M existing Class A shares, 38M combined operational target, planned $3,000 seed, discretionary redemptions and 5% Class B ownership cap. Filing or qualification status is not verified by possession of this file.
References for the publication review
- SEC exempt-offering FAQs — Antifraud rules continue to apply to exempt offerings.
- 17 CFR §230.255 — Regulation A testing-the-waters requirements, where applicable. Required content depends on the offering stage; there is no assurance the supplied offering is qualified.
- FINRA Rule 2210 — Member communications, including projection restrictions. Applicability depends on the firm and use.
- FINRA Rule 2214 — The conditional investment-analysis-tool framework.
- 12 CFR §328.102 — Misleading deposit-insurance representations. Accrew Shares themselves are not insured deposits.
- Delaware General Corporation Law §160 — Corporate limits on acquiring a company’s own shares.
Hypothetical outcomes can be wrong
Revenue, costs, participation, defaults, fraud, refunds, member growth, financing, regulation and operational performance can differ materially from the assumptions. Cash contributions may be lower or unavailable. A company loss, restricted pool or failed business can leave shares with no realizable value. No outcome or time to reach a user milestone is guaranteed.
Ownership comes with restrictions
Accrew Shares represent an ownership interest in Accrew, Inc. They carry limited voting rights, have no public market and may be subject to transfer, ownership and redemption restrictions and Owner Rewards adjustments. Formula values can rise or fall; the ability to obtain cash may be delayed, limited or unavailable even when a value is displayed.
Hypothetical illustration · USD · Revised September 14, 2026. This page does not accept money, expressions of investment interest, applications, share subscriptions or redemption requests. No investment transaction can be completed here.
Accrew is a financial technology company, not a bank. Accrew Shares are not FDIC insured, are not deposits, are not bank guaranteed, and may lose all value. Government qualification, if obtained, does not constitute approval of the securities, the business, the assumptions or the merits of an investment. Offering-stage legends and access to the current offering circular must be confirmed before any public offer or solicitation.
How Accrew Shares Work
Earn Shares
Monthly share allocation based on your tier and spending activity
Growth Potential
Accrew Share value can increase as Accrew grows and becomes more profitable; see Owner Rewards Terms.
Request Exchange For Cash Value
Submit a request through the mobile app to exchange your shares for their cash value; see Owner Rewards Terms.
Owner Rewards Calculator