Savings accounts
You may open or link as many or as few supported savings accounts to Max as you like, and may add more accounts at any time. Opening Accounts Using...
Wed, Jun 12, 2019 at 11:01 AM
Yes. If you already have accounts at Marcus by Goldman Sachs, Barclays, Ally Bank, or American Express, you may link your existing accounts to Max. You may ...
Fri, Jan 3, 2020 at 3:38 PM
Banks send funds between one another via a system called ACH, the same system used by your employer for direct deposit of your paycheck. Banks can verif...
Thu, Jan 16, 2020 at 2:55 PM
The process of opening new online savings accounts does not negatively impact your credit score. There are two types of credit inquiries: "hard&quo...
Mon, Jun 3, 2019 at 11:15 AM
If you encounter difficulty linking your existing savings account, please ensure that you are entering your login credentials properly. Linking issues...
Mon, Sep 16, 2019 at 10:33 AM
Max works as a hub-and-spoke system, with your checking account as the center or 'hub' account, which in turn links to your higher-yielding...
Wed, Oct 9, 2019 at 3:22 PM
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. T...
Mon, Sep 16, 2019 at 10:47 AM
Checking If you wish to remove Max’s link to your checking account, either to switch banks or to enroll for Max Checking, click on the gear icon next to ...
Thu, Oct 10, 2019 at 12:41 PM
Max helps manage your
balances within your online savings accounts so as to stay below the FDIC
insurance limit at each bank. The current FDIC
insu...
Mon, Sep 16, 2019 at 10:53 AM
Like most online banks, many of the banks on the Max platform place an initial hold on deposits to help protect against fraud. During this time you are stil...
Wed, Oct 9, 2019 at 3:28 PM