Albert
Automated savings + 'Genius' advice.
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Partner banks (Sutton Bank, Stride Bank; savings via Coastal Community Bank, Wells Fargo).
- The ledger
- Split between a program manager and the sponsor bank — the modular setup that broke in Synapse.
- If it fails
- Any claim runs through the sponsor bank, and only works if the two ledgers reconcile.
Derived from Albert’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| AI | AI assistant as the interface |
| HQ | Culver City, US |
| Founded | 2015 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Partner banks (Sutton Bank, Stride Bank; savings via Coastal Community Bank, Wells Fargo) |
| Card | MC · Debit |
| Cashback | Offers |
| Stablecoins | No |
| KYC | Yes |
| Active regions | North America |
| Countries | United States |
Verified links: official site ↗ · terms ↗ · @albertsavings ↗
Common questions about Albert
What is Albert?
Albert is a fiat neobank, headquartered in Culver City, US and founded in 2015. Your money is held custodially, so Albert or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Partner banks (Sutton Bank, Stride Bank; savings via Coastal Community Bank, Wells Fargo)).
Does Albert have a card, and where can you use it?
It issues a Mastercard debit card. It is available in North America.
Does Albert require KYC?
Yes. Albert requires identity verification (KYC) to open an account, as a partner-bank model.
What does Albert cost?
From the verified fields: cashback Offers. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Albert before relying on them.
Early investors
Peers
Chime · Wise · Varo · Current · SoFi · Ally Bank
Albert appears in
Neobanks running on someone else’s banking license (81) · Neobanks available in North America (126) · Neobanks that issue a Mastercard (150) · Neobanks in United States (66)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.