The Save Debit Invest card is an FDIC insured debit/checking account. Save has partnered with Radius Bank now Lending Club Bank, N.A. to bring you a debit card like none before. For every $1 you spend in signature transactions using the Save Debit Invest card, Save invests $1 in equivalent portfolio investments on your behalf.
There is no cap on spending to earn the investment opportunity, no monthly fees, and access to ATMs worldwide. Our Debit Invest Card also comes with EMV and contact less spend options . You have access to our debit card alerts and will be able to track your spending and investments through our online portal and Save app. The best part about your Save Debit Invest card? You have the opportunity to earn investment returns all while spending on your everyday purchases.
You will need to spend a minimum of $250 in signature transactions in a month for there to be a portfolio investment that month. Each month, your signature spending is totaled and invested in a portfolio equivalent match. Then one year from each match the returns are delivered to you minus our fee. This continues each month after, on a rolling basis.
Example: You spend a total of $10,000 in qualified signature transactions one month, Save invests $10,000 of portfolio equivalent dollars for that month. Your returns are then deposited back to you in your Debit Invest account minus our fee after one year.