Savings accounts

Opening and linking 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 ...
Thu, Sep 24, 2020 at 5:07 PM
Can I link my existing online savings accounts to Max?
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 ...
Tue, Jul 21, 2020 at 3:28 PM
How do I link my existing savings accounts to my checking account?
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, Aug 20, 2020 at 4:19 PM
Will my credit score be affected by opening new savings accounts through Max?
The process of opening new online savings accounts does not negatively impact your credit score. There are two types of credit inquiries: "hard&quo...
Wed, Sep 23, 2020 at 2:51 PM
Savings account linking issues
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
Can I choose a savings account to serve as my 'hub' account?
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...
Tue, Feb 11, 2020 at 10:35 AM
How many online savings accounts should I have?
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
How do I delete a linked account?
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
Can I change my maximum target balance settings for my savings accounts?
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
Funds availability policies at each bank
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, Sep 23, 2020 at 1:46 PM