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 Wells Fargo. If you have both Qapital Goals and Spending Accounts, it is deposited into an account at Lincoln Savings Bank.
Depending on your linked funding account, the label on your bank statement may display as Lincoln Savings Qapital or Wells Fargo Qapital. If you have questions about specific transfers, you can always reach out to our Customer Success team by heading to your You tab and tapping the Support banner.