Features, Benefits and How it Works
Save is a neobank launched in 2019, headquartered in Austin, Texas. It aims to provide users with a unique savings experience by blending traditional banking features with investment opportunities.
Moreover, the platform offers a Market Savings account that allows users to earn interest on their deposits through a hybrid model that combines a savings account with market investments.
Likewise, users can choose from various investment portfolios tailored to their financial goals, allowing them to potentially earn higher returns compared to traditional savings accounts. Additionally, Save emphasizes security by ensuring that the principal deposits are FDIC-insured, protecting customers’ funds up to applicable limits.
Overall, Save is designed for users looking for a more dynamic approach to managing their savings while also tapping into investment growth potential. The platform is particularly appealing to those who are comfortable with the idea of integrating savings and investments into a single financial product.
Founded: 2019
Headquarters: Texas, US
Users: unknown
Countries available: United States
Account plans: savings accounts for personal users