A New Way to Save

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 portion^³ 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.

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

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 account^³ 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.

You can see our Market Savings investment program actual returns and account level returns on https://joinsave.com/market-savings-actual-returns.

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.

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.

Because each deposit is matched with investments based on the term selected, you will not be able to partially withdraw funds from a given deposit. Instead, the entire deposit and its corresponding investments must be closed in full. You may, however, start several deposit programs that can be closed individually in full. If you think you may wish to withdraw funds, you are recommended to place such funds into individual programs.

Save advises that you leave your deposits in place for the investment's full term to both maximize your variable APY* potential and avoid costs that may incur in association with early withdrawal from a program.

Nope! All the investment returns (minus our fee) are yours to keep — no matter how big they are.

The minimum deposit amount is $1,000 for the 1-year term and $5,000 for the 5-year term. Deposits are FDIC-insured up to the maximum allowed by law, $250,000 per depositor, per bank.