FDIC insured³ savings

Looking for a higher return rate than Marcus, Discover, Ally and Capital One?

You’re in the right place. Save replaces traditional interest with an investment-generated variable APY*. That’s why our savers can earn an average return of 9.07%*

Save combines the best parts of saving
and investing. Safely.

Choose the only savings product that gives you access to market upside and fully protects you from any downside. 

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Zero risk to your principal

Every penny you add to your account is completely protected inside your FDIC³ insured bank account at Webster Bank, N.A., Member FDIC.

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Investment generated variable APY* of 9.07%

Instead of ‘deciding’ what to give you (like traditional interest), our financial professionals fund smart investments on your behalf in a portfolio you selected. 

Keep more of what you make

Your market yields are taxed as long-term capital gains.² (Traditionally, interest is taxed at both the federal and state income level, which can lead to a big difference in net yield.)

You worked hard for your savings. Now
let them work hard for you. This is how
we compare to the best of the rest.

Market Savings
High-Yield Savings
FDIC Insured³
Minimum investment
$1,000
Varies
Term
1 year
Varies
Tax rate on your return
Long-term capital gains tax²
State and federal income tax 
APY source
Market investments
Bank’s discretion
Variable APY
9.07% *

Check on your earnings and your
savings, day or night.

Track Your
Progress
View all Recent
Activity
See Your
Gains

Every question about Save,
answered.

  • How does Save invest for me and provide FDIC insurance at the same time?

    We use two accounts — an FDIC-insured savings account with Webster Bank, N.A., Member FDIC³. and a separate investment account with Apex Clearing Corporation.

    The financial professionals at Save work with our partners to fund investments in your selected portfolio of stocks, bonds, real estate and other asset classes accessed via ETFs. The investments then mature based on the term you choose.

    At the end of your term, you get your initial deposit back, plus any returns generated by your portfolio, minus our fee, if applicable.

  • I want to know more about the investments. How do they work? 

    The market investments are allocated to a portfolio managed by our team of financial professionals. Learn More About Investments.

  • Is the Market Savings APY guaranteed?*

    No. The Market Savings APY* is linked to an investment return. Just like any investment account, your returns are based on market fluctuation. The APY* presented is based on historical performance in the S&P 500 Risk-Controlled portfolio from 2009 to present with the understanding that in certain years the portfolio may have outperformed the APY,* and in other years it may have underperformed the APY* and even potentially returned 0%.

    The big difference in Save is that your principal isn’t at risk because your deposit is put in an FDIC-insured account³ with our partners at Webster Bank, N.A., Member FDIC. Your Market Savings deposit is not encumbered, collateralized, or put at risk. Save does not utilize your deposit for anything else aside from placing it with Webster Bank, N.A., Member FDIC, to ensure capital protection.³ Independently of your deposit, Save will make an investment on your behalf based on your portfolio allocation. When you open your account with Save, you’ll use the Recommendation Tool to choose the best portfolio. Plus, we never take a fee if you don’t earn a return. You can find out more information on our Legal page.

  • How does the market-generated APY* actually work?

    After you make a deposit, Save’s investment team works with our partners to fund investments in your selected portfolio of stocks, bonds, real estate and other asset classes accessed via ETFs. Your returns could be higher or lower than expected depending on the performance of the portfolio, but they can never be lower than zero (if the portfolio goes down during your term, you will simply receive your original deposit back). In other words, your APY* comes from the performance of those investments — and if they perform really well, it goes up!

  • Will I be charged any fees?

    Save® only charges a fee when you get returns. If your returns do not exceed the management fee, the management fee is waived. There are no other fees such as set-up fees or monthly fees. More info on fees in Form ADV.

  • If the market has a really bad year, what happens to my APY*?

    The answer to that question actually depends on your portfolio. During a bad year, you may earn a lower than average APY* — but, because our portfolios are dynamic, meaning that they respond to market conditions — that’s not always the case. The best way to stay on top of your APY* is by logging into your account.

  • If the market has a really good year, can I earn a higher APY* than shown?

    The simple answer is yes. Because your APY* is based on market-generated returns, if your investments perform really well, you can earn a higher APY than shown.

  • Can I withdraw my money at any time?

    Yes. If you need to withdraw your funds, you can do so by logging into your account online or in the mobile app. You can also request help by emailing us at support@joinsave.com or chatting with us through your app. Note that you may forfeit any potential returns you've received on your account by withdrawing your funds early.

  • Who is Webster Bank, N.A., Member FDIC?

    We are proud to present Webster Bank, N.A., Member FDIC, as our partner in sponsoring your Save® Market Savings. The FDIC-insured deposit account portion³ of the Market Savings product and service is provided by Webster Bank, N.A., Member FDIC. Customer funds provided will be deposited into non-interest-bearing accounts at Webster Bank, N.A. The investment portion of the Market Savings product and service is provided by Save® . Save Advisers, LLC, nor its investment affiliates, are a bank. 

    Webster Bank, N.A., Member FDIC, is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking, and its HSA Bank division, one of the country's largest providers of employee benefits solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with over $70 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank, N.A., Member FDIC, is a member of the FDIC and an equal housing lender. For additional information on Webster Bank, N.A., Member FDIC, you may review our Terms and Conditions or visit their website.

  • I have more questions. Is there anyone I can speak to?

    Yes! You can start a live chat or leave us a message and someone will get back to you asap.

Proud limited sponsor of NASCAR/IndyCar

Secure your savings and get almost 2x return potential versus leading savings accounts.

Join Save, and get investment linked returns along with your FDIC insured deposit.³

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