How many online savings accounts should I have?

Modified on Mon, Sep 16, 2019 at 10:47 AM

To ensure your deposits can be fully FDIC insured, you should link at least one online savings account for every $250,000 of cash you wish to optimize. The more accounts you link, the more flexibility Max will have in helping you earn the highest yields.


You may link additional online savings accounts at any time, and you can use the Max Common Application to help you open new accounts without filling out multiple forms.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article