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...
Wed, Jan 29, 2020 at 1:02 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...
Mon, Jun 1, 2020 at 9:47 AM
Max spreads your cash out
across multiple banks to help keep you below the FDIC insurance limit at each
bank. By default, Max assumes that
at the com...
Wed, Jan 29, 2020 at 1:04 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 ...
Wed, Oct 30, 2019 at 4:46 PM
There is no limit as to how much cash you can optimize using Max. By default, Max helps keep your balances below the FDIC insurance limit at each bank. ...
Wed, Sep 23, 2020 at 1:29 PM
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