![]() ![]() The downside to this arrangement is that SaveBetter customers can’t use any third-party apps and don’t get a separate routing or account number for each account. This makes it quick and easy to move your money into a variety of different accounts. Instead, your money is moved from a custodial account at SaveBetter's service bank into a custodial account at the institution you've selected. Once you've opened a SaveBetter account, you won't have to go through a lengthy application process with every financial institution you want to deposit money with. You can easily shop SaveBetter's platform to see all of the partner bank products available, compare rates and terms (including any minimum balance requirements), and find one that meets your needs. SaveBetter works by partnering with a network of online banks, traditional banks, and credit unions offering some of the most competitive rates in the industry. SaveBetter is a technology company that aims to make this process easier. But, since offerings from financial institutions change and many institutions offer products with competitive rates, it can be time-consuming to find the right place to put your money. SaveBetter doesn't offer checking accounts or bill pay.įinding the best bank accounts to keep your savings invested in helps you to maximize potential returns.SaveBetter does not charge customers any fees.You can open one SaveBetter account and easily move your money into different savings accounts and other financial products.When you invest money with SaveBetter, your money is always in an FDIC-insured or NCUA-insured account.SaveBetter is a platform that allows you to fund multiple savings products from one simple platform.
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