How does Money Clouds® work?

Money Clouds has made saving money for the things you want easier than ever - define and organize your goals by creating a Money Cloud for each of the things you want to save for, link your checking account to fund your goals, and set up an automatic savings plan.

Are you a bank?

We're not a bank. We're a technology service provider designed and operated to help our customers set aside money for the things they want to save for. We do have a banking partner where all money you deposit into your Money Clouds is held and FDIC insured. Your private information is also protected by bank level security.

Who can use Money Clouds?

Anyone who is at least 18 years old and holds a checking account with a United States banking institution. As of now, we're only available to residents of the United States.

Where does my money go when I save with Money Clouds?

When you fund one of your Clouds from a linked checking account, that money is deposited in our regulated and FDIC insured bank account with our large, federally chartered financial institution. Currently, this account is FDIC insured up to $250,000.

Just like the bank, Money Clouds uses top industry standards for transferring sensitive data. We use 256-bit secure socket layer (SSL), SHA-256 encryption technologies, and use PCI compliant bank services to ensure your money and information are protected. The Money Clouds team (including family and friends) uses this platform too, so we understand how critical and important this is.

Does Money Clouds work with my bank?

Money Clouds seamlessly links with over 18,000 bank branches across the US. If by chance your bank is not one of those, just send us an email and we can manually link your bank account with some additional information.