When you create an account with Qapital, the money you save is deposited to an FDIC-insured account at one of our partner banks. If you only have a Qapital Goals Account, it is held by Qapital for your benefit at one of our partner banks. If you have both Qapital Goals and Spending Accounts, it is deposited into an account at a different partner bank.
Depending on your linked funding account, the label on your bank statement may display as the name of one of our partner banks.
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