Your Lili Savings Account is a dedicated space to set aside funds for planned expenses - whether that's a business emergency reserve, a large upcoming payment, or simply separating operating cash from longer-term savings. Funds in your Savings Account earn interest and remain fully accessible at any time.

While Lili can automatically move a percentage of incoming deposits into your Savings Account, you can also add funds manually at any time in just a few steps.

Before you transfer

• Funds transfer instantly from your Checking Account to your Savings Account.
• You can transfer up to your full available Checking Account balance in a single transfer.
• Your Savings Account has a $1,000,000 deposit limit. You cannot manually transfer funds that would cause your balance to exceed $1,000,000. Interest earned on your account may cause your balance to exceed this limit — this is expected and will not affect your account.
• There are no fees for internal transfers between your Lili accounts.

How to add funds — Web App

 - Choose the Dashboard option found at the top of the Main Menu (left panel), go to the Savings Account Balance widget and click on 'Manage'

 - Under the Savings Account Balance, click on the 'Deposit' option 

 - Enter the amount you wish to deposit / transfer into your Savings account / Emergency bucket (the amount can be up to your total checking account balance)
- Click on Deposit

How to add funds — Mobile App

1. Go to the Main Menu > Savings Account / Emergency Bucket or tap here if you have the app open on your mobile device.
2. Under the Savings Account Balance, tap on the 'Deposit' option
3. Enter the amount you wish to add to the Savings Account / Emergency Bucket (the amount can be up to your total checking account balance)
4. tap on Continue to complete the transfer
    

How to confirm the transfer went through

Once complete, the transfer will appear in both your Checking and Savings Account transaction history.

1. Open the Lili app or sign in at app.lili.co.
2. Navigate to your Savings Account.
3. The deposit will appear as an internal transfer from your Checking Account.

If the transfer does not appear within a few minutes, contact Lili Support.

Save automatically instead

If you find yourself manually moving funds on a regular basis, consider setting up automatic savings. Lili can automatically set aside a percentage of every deposit directly into your Savings Account — no manual action required.

To set it up, go to Main Menu then Savings Account then Settings and enable automatic savings.

Lili is a financial technology company, not a bank. Banking services are provided by Sunrise Banks, N.A., Member FDIC. The Lili Visa® Debit Card is issued by Sunrise Banks, N.A., Member FDIC, pursuant to a license from Visa U.S.A., Inc. The Card may be used everywhere Visa debit cards are accepted. 

Wire Transfer services are provided by Column Bank N.A., Member FDIC. All wires are subject to acceptance criteria and risk-based review and may be rejected at the sole discretion of Column Bank N. A. or Lili App Inc.