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Save Debit Invest card review

This bank matches your spending dollar for dollar and invests it in the stock market.’s rating: 3.9 / 5.0


The Save Debit Invest card is unlike any other cashback debit card. For every $1 you spend, Save matches it and invests $1 on your behalf into a portfolio. After one year, you get to keep any returns your investments made. But you have to spend at least $250 a month to qualify for investment matching, and PIN-based transactions don’t qualify.

Up to 2.98%



Minimum deposit to open


Service fee


APYUp to 2.98% You won’t get investment matching in the months you don’t spend at least $250.
Service fee0.59%
Minimum deposit to open$100
ATMsSave doesn’t have an ATM network, but you can use your Debit Invest card at any ATM that accepts Mastercard.
ATM transaction fee$0
Out-of-network ATM fee$0

Review by

Cassidy Horton is a writer for Finder, specializing in banking and kids’ debit cards. She’s been featured on Legal Zoom, MSN, and Consolidated Credit and has a Bachelor of Science in Public Relations and a Master of Business Administration from Georgia Southern University. When not writing, you can find her exploring the Pacific Northwest and watching endless reruns of The Office.

Expert review

The Save Debit Invest card helps you earn cash back through investing — something we have yet to see any other checking accounts do. For every $1 you spend using your debit card, Save invests $1 on your behalf. After one year rolls around, you get to keep the returns as cash and Save keeps the initial investment. Everyone wins.

The portfolio Save uses to invest your money has seen an average 2.98% return since 2006, but returns aren’t guaranteed. If the stock market performs poorly, you could earn nothing in cash back.

Save is a good option for anyone who wants to dip their toes in the investing waters in a fun and unique way. But if you’re after cold-hard cash that’s guaranteed to get deposited into your account monthly, you’ll want to explore other options.

How does the Save Debit Invest card work?

Here’s a closer look at how it all works.

  1. Save calculates your total spending at the end of the month and invests that same amount into a portfolio.
  2. That money stays invested in the stock market for one year.
  3. After one year, Save deposits all returns into your bank account as cash, minus a 0.59% management fee. It keeps the initial deposit. But if you don’t earn a return due to poor market performance, Save doesn’t charge you a fee.

How do I open a Save Debit Invest card?

Sign up for a card using these six steps.

  1. Go to the provider’s site and follow the steps to apply.
  2. Visit the provider site, click Debit Invest from the main menu.
  3. Click Get started.
  4. Enter your full name, email address, phone number and mailing address.
  5. Enter the verification code you receive on your mobile phoneNext.
  6. Follow the prompts to finish your application.


You can get a Save Debit Invest card if you meet these criteria.

  • At least 18 years old
  • US citizen or resident
  • US mailing address
  • Valid Social Security number
  • Government-issued photo ID
  • $100 opening deposit
  • External bank account for funding your initial deposit

Required information

Have this information ready when you apply.

  • Full name
  • Date of birth
  • Mailing address
  • Email address
  • Phone number
  • Social Security number

What are the benefits of a Save Debit Invest card?

The Save Debit Invest card and account is FDIC-insured through Radius Bank and has these benefits.

  • High return. You have the potential to earn 2.98% on average with no cap on your spending or earning potential.
  • Referral program. Save will invest an additional $1,000 on you and a friend’s behalf when they sign up for an account using your unique referral link.
  • Optional savings account. Card customers can open a Save Market Savings account and earn up to 1.03% interest on their savings.
  • No overdrafts or monthly fees. You won’t have to worry about a monthly fee or overdrafting on your account since Save declines any purchase that would bring your account balance below $0.

What should I look out for?

The Save Debit Invest card has a $100 minimum opening deposit and these drawbacks.

  • Minimum spend requirement. You won’t get investment matching in the months you don’t spend at least $250. You can track your spending in the mobile app.
  • Miscellaneous fees. There’s a $5 fee for card delivery, plus a 0.59% management fee on any returns you earn. Both of these fees are uncommon.
  • PIN-based transactions not eligible. You’ll have to run your debit card as credit for it to be eligible for investment matching. Transactions that require you to enter a PIN don’t qualify.
  • Returns aren’t guaranteed. The portfolio your money gets invested in has had an average return of 2.98% since 2006, but actual returns vary depending on market conditions and aren’t guaranteed.
  • No wire transfers. You can’t send or receive wire transfers, but you can conduct ACH transfers and set up direct deposits.
  • No joint accounts. You can’t open this account with anyone else or request a secondary debit card.

If you don’t typically spend at least $250 a month with your debit card, compare other rewards checking accounts.

Save’s ATM network and fees

Save doesn’t have an ATM network, but you can use your Debit Invest card at any ATM that accepts Mastercard. Save won’t charge you a fee, but the ATM operator may.

Compare Save Debit Invest with other checking accounts

Use this table to see how Save Debit Invest compares to other checking accounts. Sort the columns by the features you’re looking for to find the right account for you.

Name Product APY Minimum deposit to open ATMs Out-of-network ATM fee
Aspiration Spend & Save Account
Finder Rating: 4.2 / 5: ★★★★★
Aspiration Spend & Save Account
5.00% on balances of $0 to $10,000
55,000 free in-network ATMs
Deposits are fossil fuel-free and insured by the FDIC. Enjoy a spend and save combo account with unlimited cash back rewards and a $100 bonus when you spend $1,000 in your first 60 days.
SoFi Money
Finder Rating: 4.6 / 5: ★★★★★
SoFi Money
SoFi Money® is a cash management account that charges no account fees to save, spend, and earn cash back rewards when you spend on brands you love.
M1 Spend
Finder Rating: 4.2 / 5: ★★★★★
M1 Spend
An FDIC-insured checking account integrated directly into the M1 app.
Robinhood Cash Management
Finder Rating: 4.3 / 5: ★★★★★
Robinhood Cash Management
15,000 international ATMs for free + 75,000 ATMs in the US
This brokerage account feature offers interest and no monthly fees but Robinhood support is only available by email.
Personal Capital Cash
Personal Capital Cash
No access to ATMs
The Personal Capital Cash account doesn’t require a minimum balance and is federally insured for up to $1.5 million.

Compare up to 4 providers

How do I deposit or withdraw my money?

You can’t send or receive wire transfers or write checks with your Save Debit Invest account, but you can still access your money in a few ways.


  • Direct deposits
  • ACH transfers


  • ACH transfers
  • Cash back at an ATM
  • Cash back at a retailer

How to contact Save customer service?

There are two ways to contact Save customer service.

  • Start a live chat on its website
  • Fill out the contact form on its website

Checking account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.

Read the full methodology of how we rate checking accounts.

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