How does Savings work?

Albert Savings is our automatic savings feature offered to Genius customers that saves money from your linked bank account to your Albert Savings account.

You can save towards multiple savings goals, or choose to focus on building your rainy day fund.

Smart Money

Our Smart Money algorithm sets aside small amounts of money to help you save and invest. You can read more about how Smart Money works here.

Your funds

• Funds in your Albert Savings account are FDIC-insured up to $250,000 through our partner banks including Coastal Community Bank, and Wells Fargo, N.A.
• Savings transfers typically take 3–6 business days (Mon–Fri, excluding federal holidays) to complete. Read more about transfer times here.
• The money in your Savings account is yours, available for withdrawal at any time as soon as your deposits are complete.