Any dollars held in your account for the purpose of investment is called cash. Cash can be any money you recently deposited, or any money you withdraw from an investment.
To invest with Albert, you must first fund your account by depositing cash. Learn how to get started with cash below.
To manually deposit cash:
- On the Investments home screen, tap 💵 Cash under the Portfolio header, then tap Deposit.
- Or, tap the cog (⚙️) in the upper right-hand corner and tap Add funds.
- After you make your deposit, please allow up to 3 business days for the cash to post to your Investments account.
To learn more about cash deposits, including setting up automated cash deposits, visit our article on auto-investing here.
When auto-investing is on, Albert automatically withdraws your preferred deposit amount and allocates it into your investments based on your preferences. Any cash you manually deposit, such as when auto-investing is off, will need to be allocated into your investments manually.
Please note: Albert will not initiate an automatic deposit if your funding bank account's balance is less than $200.
Please note: Your cash deposits must remain in your account for a minimum of 5 trading days before being available for withdrawal. This holding period is for anti-money laundering and risk management purposes.
For any further questions about depositing and withdrawing cash, text Genius.
