Balances and limits

What are the FDIC insurance 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
How can I change my FDIC insurance settings?
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
How does Max help keep funds FDIC insured?
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
How can I maximize FDIC insurance coverage?
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
Are there maximum balance limits / how much I can deposit at each bank?
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
How can I obtain even greater FDIC coverage on business or non-profit accounts?
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