Albert
Albert is a financial services company that offers FDIC-insured savings accounts, SIPC-protected investment accounts, and a variety of banking services through partnerships with reputable banks.
Banking Partnerships
Albert offers banking services through partnerships with Sutton Bank, Coastal Community Bank, and Wells Fargo, N.A. These partnerships enable Albert to provide a range of banking solutions to its customers.
FDIC-Insured Savings Accounts
Albert provides FDIC-insured savings accounts that offer protection up to $250,000. This assures users that their deposits are safe and secure under the Federal Deposit Insurance Corporation.
Investment Accounts and SIPC Protection
Albert offers investment accounts that are SIPC-protected up to $500,000, which includes up to $250,000 for cash. This ensures that users' investments have additional protection within the financial system.
Investment Accessibility
Albert allows users to start investing with as little as $1. This low entry barrier makes investing accessible to a wider range of individuals.
Albert Subscription Services
Albert offers a subscription service at a cost of $9.99 per month. Customers can take advantage of a 30-day trial before any charges are applied. The service includes various financial tools and features for managing finances.
Genius Service
The Genius service from Albert comes with a maintenance fee of $14.99 per month. This service includes features such as Albert Cash, overdraft protection, early access to direct deposit funds, and other financial management tools.
Albert Cash and Cashback Rewards
Albert customers receive a debit card that offers cash back rewards on purchases. Additionally, eligible members can overdraw their Albert Cash account by up to $250 with Instant overdraft coverage.
Early Access to Direct Deposit
Albert provides users with early access to direct deposit funds, potentially up to 2 days earlier than the scheduled payment date. This feature helps users manage their finances more effectively by providing quicker access to their earnings.
Account Monitoring and Security
Albert monitors user accounts for suspicious activity 24/7, ensuring the safety and security of its customers' financial information and funds.
Automatic Saving Features
Albert offers automatic saving features that adjust based on the user's income, spending, and bills. This helps users save money effortlessly and consistently over time.