Save Review: 2026 Edition

Save is an online financial platform that specializes in market savings and investments.

It was founded to make market-linked savings programs more accessible to everyday customers who want more upside than a traditional savings account can usually provide.

How Save Works

Save aims to bring banking and investments to everyday people who lack advanced financial knowledge and skills.

Essentially, Save takes your savings and deposits and, depending on the program you choose, invests on your behalf for a fixed timespan.

You also have the option to monitor the flow of your funds through a dedicated app. Once the investment matures, you are free to collect your deposit and investment gains.

Save offers a banking program and various investment programs with different term lenghts and rewards for customers.

What sets a Save account apart from a regular savings account is the combination of investment opportunities and the security of FDIC-insured bank deposits.

This unique approach can potentially result in higher earnings, allowing your deposit to grow while being safeguarded by FDIC rules.

At the same time, Save makes it clear that the Variable APY is not guaranteed and may be 0%.

Services Explained

When you join Save, you will be required to provide your personal information (such as your name and bank account details) and make choices regarding the term length, deposit amount, and your desired investment portfolio.

Save then opens a non-interest bearing account at an FDIC-insured bank.

Funds transferred to the partner bank are not collateralized, or put at risk, and they remain FDIC-insured³.

Save will make an investment in the selected portfolio on your behalf. That investment is what creates the potential Variable APY attached to the program.

The investment matures after the selected term, with the current public sub-advisory page highlighting a 1-year term. The variable APY represents the cumulative returns you receive when your investment reaches maturity.

Once you have completed these steps, you can track the progress of your funds through the dedicated app.

If at any point you are not satisfied with the investment performance, you have the option to withdraw, although there may be costs associated with early termination. Withdrawals during the term may be subject to early-withdrawal costs and forfeiture of amounts invested on the client’s behalf.

It's important to note that the advertised APY is based on historical performance for the S&P 500 Risk-Controlled Portfolio from 2009 to present, while non-S&P 500 portfolios use hypothetical back-tested performance.

Hypothetical back-testing does not reflect actual results and is not a guarantee of future performance. It only indicates the potential growth based on Save's portfolio and is not fixed.

The only fee charged is not a flat 0.35% management fee across Market Savings anymore. Save says it charges a 0.20% fee only when Market Savings returns are above 0.20%, while the referral program uses a 0.35% threshold.

APYs 

The APYs vary depending on the term you choose. At the time of writing this review, the company provides the following variable APYs:

• 1-year term: 6.08% APY (Variable)*
• 5-year term: Not publically displayed

Please note that these APYs are subject to market fluctuations. If the market rallies or declines, the APYs stated in your account may increase or decrease.

The minimum deposit for a 1-year term is $1,000 for the standard Market Savings product, while the Market Savings sub-advisory program lists a $10,000 minimum for a 1-year term.

It's important to know that all deposits are FDIC insured up to the maximum amount allowed by law, which is $250,000 per depositor, per bank.

Save Rewards Program

If you have a friend or relative who is interested in opening their own Save Market Savings program, you can participate in the referral program and earn rewards for both yourself and the new customer.

Through the referral program, a successful referral can result in a bonus of equivalent investments.

To qualify for the bonus, the exact reward depends on the active referral promotion. Save will purchase strategy-linked securities on behalf of the customer with an equivalent value, and any returns generated will be yours to keep.

Save Investment

At the time of writing this review, there are multiple current portfolio options tied to the Save program.

Here's an overview of the portfolios clearly supported in the official material reviewed:

• S&P 500 Risk-Controlled Portfolio: Focused on the largest 500 companies in the USA, which represent approximately 80% of the equity market, this portfolio seeks to maintain a stable level of volatility. It achieves this by tracking the S&P 500 Index and adjusting the level of exposure accordingly.
• Save US Macro Portfolio: This portfolio seeks to generate returns by allocating across asset classes using macroeconomic variables such as interest rates, inflation, and the US dollar, with a focus on US equity and bond markets along with commodities.
• Global Multi-Strategy Portfolio: Save’s calculator for the current sub-advisory program also lists this option among the available portfolios.
• ESG Portfolio: This is also listed among the currently displayed Market Savings portfolio options.
• Nasdaq 100 Risk-Controlled Portfolio: Save now also lists this as an available option in its current portfolio selector.

Security

Save implements various measures to ensure the security of your data and safeguard your privacy.

Save only uses your information for the purpose of opening and maintaining your accounts, providing personalized services that align with your preferences, and enhancing the overall customer experience. If you wish to opt out of the use of your personal information, you can submit a CCPA (California Consumer Privacy Act) request to their customer support.

It's important to note that this information is accurate as of the time of writing this Save review.

Customer Support

If you encounter any issues with the service, you can find detailed information in their FAQ and support center. Alternatively, you have multiple options to contact their customer support:

• Submit a request.
• Email them at [email protected]
• Reach out to an agent through live chat.
• Call them at (254) 284-SAVE (7283).

Please note that the phone support team operates during Monday to Friday, from 9 a.m. to 5 p.m. CST, excluding holidays.

During our review, Save’s official support page says messages and emails usually receive a reply in approximately one business day.

It's important to check their website or contact their customer support for the most up-to-date information regarding their contact methods and support availability.

Final Verdict

With a variable APY of 6.08%* for the shortest term currently displayed in Save’s public Market Savings materials, Save Market Savings indeed offers attractive returns. However, it's important to understand that these APYs are variable, which means that the actual return you receive may vary depending on market volatility.

Save's services differentiate themselves from traditional interest-bearing accounts as they are designed to maximize opportunities.

While traditional savings accounts typically offer around 2% returns, Save Market Savings combines the safety of a bank deposit with the potential for higher market returns, providing you with a chance for a much higher yield.

_{* 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. All back-test statistics are hypothetical and have been designed with the benefit of hindsight. For more detailed information please see Hypothetical Back-testing.}

_{The minimum deposit amount for Market Savings is $1,000 for the 1-year term and $5,000 for the 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.}

_{3. 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: https://www.fdic.gov/deposit/deposits. 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 www.sipc.org.}

_{††Save Referral and Bonus Programs: For each successful referral, Save buys strategy-linked securities for each party whose investment value is equivalent to: $5,000 for Market Savings and $10,000 for Market Trust.}

_{Equivalent investments: Save buys strategy-linked securities whose value is equal to the notional value of the purchased strategy-linked security. The notional value accounts for the total value of the position, vs. market value which is the price at which that position can be bought or sold in the market.}