MaxMyInterest Partners with Radius Bank to Launch Premium High-Yield Checking Account

MaxMyInterest Partners with Radius Bank to Launch Premium High-Yield Checking Account

MaxMyInterest (“Max”), an intelligent cash management platform for individual investors and financial advisors, has expanded its relationship with Radius Bank, an industry-leading digital bank, to launch Max Checking, a premium checking account offering preferred rates and features designed to help all Americans earn more on their cash.

Max Checking combines a no-fee, high-interest checking account, powered by Radius Bank, with Max’s patented intelligent cash management solution, automatically providing customers with the highest yields on FDIC-insured savings accounts. Through industry-leading rates, some of which are preferred rates available exclusively to Max members, customers can earn up to 2.28% annual percentage yield (APY), which is more than 22 times the average rate paid on savings accounts nationally. Max also helps keep all funds FDIC insured by allocating cash among FDIC-insured accounts, up to $2 million per individual or $8 million per couple.

“With the launch of Max Checking, every American household will now have access to superior rates on savings accounts, regardless of where they bank or invest,” said Gary E. Zimmerman, CEO of MaxMyInterest. Up until this point, Max was only available to customers who held accounts at 20 of the largest financial institutions in the country.

Existing and new Max members can now link their checking, savings, and brokerage accounts at thousands of financial institutions nationwide to a Max Checking account, which opens in as little as 60 seconds. This streamlined approach to account opening is powered by the Max Common Application, Max’s patent-pending technology that enables the fastest, simplest account opening process in the industry. From there, Max’s patented cash management software automatically allocates excess cash to the customer’s choice of up to eight of the highest-yielding online savings accounts in the country.

Max then monitors interest rates and automatically reallocates cash among these accounts to help each customer receive the most interest possible, even as rates change. Since Max is not a bank, fund, or custodian, all cash remains held directly by the customer, in their own name, with same-day liquidity. FDIC insurance coverage is provided directly by each bank subject to applicable FDIC limits.

The Max Checking account offers a full suite of mobile banking features, a stylish debit card that provides free ATM access globally and a preferred rate of 1.00% APY on funds held in checking, with no minimum balance requirement or monthly fees. This compares favorably to most checking accounts that are weighed down by fees and pay zero interest. Max members who maintain certain balances in their Max Checking account are also eligible for partial or full rebates of their Max membership fee.

There is no minimum balance required to join Max and no need to switch banks. Direct deposit, bill pay, and access to existing bank accounts remain unchanged, while excess cash can earn preferred rates from banks participating on the Max Common Application.

Max began working with Radius Bank in 2018 to pioneer rapid account-opening technology and successfully launched Radius Max Savings, an FDIC-insured high-yield savings account where Max members currently enjoy preferred rates.

“Following our success with Radius Max Savings, we were excited to continue our work together to offer Max members a premium checking account,” said Radius Bank President and CEO Mike Butler. “This extension will allow depositors and their financial advisors to have a unified digital banking experience for both their savings, and now checking, needs in just a few clicks.”

“We have continued to be impressed by Radius Bank’s innovative culture and commitment to providing top-notch customer service, which made Radius the perfect choice to power the next evolution in the Max platform,” continued Zimmerman. “The addition of Max Checking, powered by Radius Bank, enables Max to deliver a best-in-class banking platform to individual investors, their advisors, and other partners looking to deliver a client-centric, platform-independent cash management solution.”

Financial advisors from more than 750 wealth management firms nationwide have already enrolled to use Max to help meet the needs of their clients. Max enables these advisors to deliver a holistic client-first cash solution that is free from conflicts of interest or cross-sell. Max’s deep commitment to security and privacy means that Max does not sell customer data. Max also does not accept advertising, referral fees, or payments from banks for deposits.


MaxMyInterest (“Max”), a service of Six Trees Capital LLC, offers a suite of tools for individuals and financial advisors that enable individual investors to earn dramatically higher yields on cash. Max automatically works to help ensure deposits earn the highest yield possible while remaining FDIC-insured. Today, Max members can earn up to 2.28% APY on FDIC-insured cash, compared to the national savings average of 0.10%. Learn more about Max’s solutions for self-directed investors and financial advisors at


With assets of approximately $1.4 billion, Radius Bank is a forward-thinking digital bank committed to providing a full complement of accounts and services to meet the banking needs of consumers and businesses nationwide. Radius provides the product depth of a national brand, the technology of a fintech, and the personalized attention typically reserved for a local bank to consumers, small and middle market businesses, unions, government entities and non-profit organizations. The Bank’s award-winning digital banking platform allows consumer clients to bank from anywhere with a computer or mobile device and provides convenient features such as check deposit, bill pay, card management, and a personal financial management dashboard. Business clients enjoy a wide array of award-winning deposit products, advanced treasury management services, and loan and payment solutions. In addition, Radius’ suite of open APIs deliver a robust banking-as-a-service (Baas) platform for fintechs to quickly access core banking features and build best-in-class financial solutions. Radius specializes in partnering with forward-thinking fintechs to provide white-label deposit products, cards, digital onboarding, and account management. Radius Bank is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender. For further information, visit the Bank’s website at

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