Balances and limits
The FDIC provides deposit
insurance in the amount of $250,000 per ownership category. As such, individual accounts
are insured up to $250,000 at each ba...
Thu, Dec 1, 2022 at 2:42 PM
If you would like to change your
maximum target savings account balances, you may do so by changing the FDIC
Limits setting on your Max Dashboard. Simp...
Thu, Aug 25, 2022 at 11:08 AM
Max helps you spread your cash out
across multiple banks to keep you below the FDIC insurance limit at each
bank. By default, Max proposes that
at th...
Thu, Dec 1, 2022 at 2:42 PM
Individuals can obtain up to $2 million of incremental FDIC insurance coverage by opening a Max account linked to 8 online savings accounts ($250,000 x ...
Fri, Aug 19, 2022 at 4:15 PM
There is no limit as to how much cash you can optimize using Max. By default, Max helps you keep your balances below the FDIC insurance limit at each ba...
Thu, Sep 1, 2022 at 10:08 AM
For members who need more FDIC insurance coverage, Max offers
a partner solution with The American Deposit Management Co. (ADM) that can deliver up
t...
Thu, Apr 23, 2020 at 5:18 PM