Save Market Savings
Save Market Savings
in Savings Accounts from Save Advisers LLC · Member FDIC

Save Market Savings

in Savings Accounts from Save Advisers LLC · Member FDIC
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4 reviews
Monthly Fee $0
(Verified 11/28/2022)
APY (Annual Percentage Yield) 0% - 9.29%
(Verified 11/28/2022)
Minimum Balance to Earn APY $1,000

Save Market Savings Review

Save Advisers LLC is a nonbank financial services provider founded in 2019 and based in Houston, TX. Save Market Savings is a hybrid product and service that includes a deposit account linked to an investment product. The deposit account portion is provided by Webster Bank, N.A., Member FDIC†. Customer funds will be deposited into non-interest-bearing accounts at Webster Bank, N.A., Member FDIC†. The investment portion of the product and service is provided by Save Advisers LLC. Save Advisers LLC nor its investment affiliates, are a bank. Save Market Savings is available in 50 states (and Washington, DC).

Key Takeaways

  • Get market-driven APY* and FDIC insured deposits†. Deposits insured by Webster Bank, N.A., Member FDIC†” and “Market-driven APY* by Save." Replacing the typical savings account interest with investments, Market Savings combines the security of FDIC-insured bank deposits with the upside potential of market returns. So your savings get a chance to truly grow — without risking your deposit.
  • The potential to earn investment returns on your deposit that exceed the annual percentage yield (APY) offered on typical interest-bearing savings accounts. This account offers the potential for an annual percentage yield of up to 9.29%*, which is higher than the average interest rate for a typical interest bearing savings account. However, please note the Market Savings variable APY is based on market returns and the actual return APY could be as low as 0%.
  • $0 monthly fee. This account does not charge any monthly account fees.
  • $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.

Save Pros & Cons

Pros Cons
  • For each person that you refer to the Market Savings program, you will each get a referral bonus of $3,000 in equivalent portfolio investments††.
  • Available in all 50 states.
  • Opportunity to earn market-driven investment returns, which may yield a high variable APY*.
  • No signup bonus.
  • Online-only account with no access to physical branches.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card

Save FAQ

Are Save Market Savings deposits federally insured?

Yes, your deposits — but not your investment returns, if any — are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #18221) through Webster Bank, N.A., Member FDIC†. The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Save Advisers LLC offer a signup bonus?

Save doesn't offer a signup bonus.

What is the minimum initial deposit for Save?

The minimum deposit to open a Save is $1,000.
Save Market Savings Minimums
Minimum Balance to Earn APY $1,000
Minimum Opening Deposit $1,000

What APY* does Save Market Savings offer?

Save offers a variable APY* starting from 0% and ranging up to 9.29% based on your market-driven investment returns.

What fees does Save charge?

Save does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Save offer?

This savings account includes the following features:

  • Mobile Banking Services - Save allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to Save?

No Save does not support direct deposits.

What is the customer support email for Save?

The customer support email for Save is

Save Market Savings Disclosure: *Generally, an APY (or annual percentage yield) is the yearly return on a bank or investment account. Save Market Savings is a hybrid product and service that includes deposit account linked to an investment product. The deposit account portion of the Save Market Savings product and service is provided by Webster Bank, N.A., Member FDIC; and is non-interest bearing with a 0% APY. The investment portion of the Save Market Savings product and service offers the potential to earn an APY with a variable rate (Variable APY). The Variable APY, if any, is derived from the investments made by Save on behalf of the customer within Save’s portfolio of strategies over the duration of term length selected by the customer. The Variable APY, if any, will be equal to the cumulative return for the investments selected for you by Save for the term selected on the applicable maturity date. The Variable APY may be 0% but will never be less than the Minimum Variable APY of 0% per annum. Assuming a minimum Variable APY of 0% per annum, if the Variable APY applicable to a particular maturity date is less than or equal to the Minimum 0%, the customer will not receive any Variable APY return for that investment upon maturity. Variable APY’s are subject to change at any time. Variable APY is not guaranteed. The Variable APY presented is hypothetical in nature and reflects the potential growth that could accrue if the investment is held for the entire term selected. Variable APY’s are based on hypothetical back-tested performance in the Save Moderate Portfolio from 2006 to present and are shown net of fees. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. For more detailed information please see Hypothetical Back-testing: The minimum deposit amount is $1,000 for the 1-year term and $5,000 for the 2-year and 5-year term. Deposits are FDIC-insured up to the maximum allowed by law, $250,000 per depositor, per bank. Management Fees associated with the investments may reduce earnings on the account. Customer withdrawal prior to maturity could result in additional associated costs. † To obtain FDIC insurance coverage, customer funds provided will be deposited into non-interest-bearing accounts at Webster Bank. FDIC insurance coverage for funds deposited at Webster Bank is limited to not more than $250,000 per depositor, per FDIC-insured bank, per ownership category. Actual deposit insurance coverage may be lower if you have other funds deposited at Webster Bank, N.A.. Customers are responsible for determining the amount deposited in each account at Webster Bank, N.A., and for monitoring the total amount of their deposits at Webster Bank, N.A., to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. Learn more at: Only the funds customers provide and deposit with Webster Bank, N.A. will be eligible for FDIC insurance. Webster Bank is not providing any investment advice or responsible for the purchase or performance of any investment contracts. The funds held in the Apex Clearing Corporation accounts are not FDIC-insured, are not bank guaranteed, and may lose value with a minimum return of zero. Maximum balance and transfer limits apply. Neither Save Advisers, LLC, nor its affiliates, are a bank. Apex Clearing Corporation is a member of the Securities Investor Protection Corporation (“SIPC”), formed by Congress to protect “customers” of broker-dealers and to promote public confidence in the U.S. securities markets. Customers of a SIPC Member that fails financially are afforded certain benefits under the Securities Investor Protection Act (“SIPA”). These benefits are relevant only if the broker-dealer that “carries” a customer’s account fails and is liquidated under SIPA. At Apex Clearing Corporation, your investments are protected by SIPC up to a maximum of $500,000 total, including $250,000 in cash balances. Coverage limitations apply. To learn more about SIPC coverage, visit the SIPC website at †† Save Referral and Bonus Programs: For each successful referral, Save buys strategy-linked securities for each party whose investment value is equivalent to $3,000 for Market Savings.
SuperMoney Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Save

Grow your savings with the upside potential of market returns combined with the safety of FDIC insurance†.


Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

About Save Market Savings


  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Balance to Earn APY $1,000
Minimum Opening Deposit $1,000
Monthly Fee $0
(Verified 11/28/2022)
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Mobile Banking
  • Member FDIC
  • Online-Only Account
  • Does not support direct deposits
  • Investment and Savings hybrid
APY (Annual Percentage Yield) 0% - 9.29%
(Verified 11/28/2022)

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