Fortune: "Credit Karma's savings accounts¹ come with FDIC insurance up to $5 million,² five times as much as that offered by rivals including Betterment and Wealthfront.” ¹Banking services provided by MVB Bank, Inc., Member FDIC. Maximum balance and transfer limits apply. Maximum 6 withdrawals per monthly statement cycle. ²The balance in your savings account may be moved to one or more network banks where it is eligible for FDIC insurance up to $5,000,000 once the funds arrive at a network bank.