Savings maxxing starts here
Most people keep all their savings in one account. It's simple, but it can mean missing out on higher earnings, mixing emergency money with vacation savings, or leaving long-term savings in an account that's built for everyday access.
Savings maxxing is about giving each dollar a job. Instead of relying on one account to do everything, you use different accounts for different goals. Your money can earn more while staying available when you need it.
If "maxxing" sounds like a word your teenager invented, you're not alone. It simply means getting the most out of something. When it comes to your money, we're all for that.
Is this the right strategy for you?
This approach works well if you're building savings over time and like having separate buckets for different goals.
It may not be the best fit if you:
- Need frequent access to all your savings
- Prefer keeping everything in a single account for simplicity
- Aren't able to consistently set money aside each month
If saving every month isn't realistic right now, focus on building a small emergency fund first. Once saving becomes part of your routine, you can expand your strategy over time.
A simple savings strategy
Think of it like this:
- Step 1: Earn 6.00%* when you save your first $700 in Six7 Savings**
- Step 2: Continue building your emergency fund or another savings goal with Bonus Saver
- Step 3: Earn interest on the money you keep in Bonus Checking for everyday spending
- Step 4: Once you've built your emergency fund, move money you won't need for several months into certificates to earn a competitive fixed rate
Not everyone's savings journey will look the same, and that's okay. The goal is simply to match the right account to the right purpose.
Step 1: Build your first savings milestone with SIX7 Savings
Start by building your savings. Six7 Savings helps your first $700 grow faster by earning 6.00% APY* on balances up to $700. APY means annual percentage yield.
Whether you're creating your first emergency fund or saving for holiday shopping, car repairs, or another short-term goal, this account gives your dollars a powerful boost.
Maxxing tip: Turn on Round Up to Savings. Every time you make a purchase with your Numerica debit card, we'll round it up to the next dollar and automatically deposit the difference into your Six7 Savings account. It's an easy way to grow your savings without thinking about it.
Once you've reached $700, you're ready for the next step.
Step 2: Grow your emergency fund with Bonus Saver
Once your Six7 Savings account reaches $700, keep the momentum going.
Bonus Saver rewards consistency by earning 2.05% APY** on balances up to $2,500 when you deposit at least $25 each month and make no withdrawals for 6 consecutive months.
It's a great place to continue building your emergency fund or save toward a larger goal.
Quick Tip: DreamUp is a handy Numerica tool for automating your savings and tracking your progress.
Maxxing Tip: Once your Six7 Savings account reaches $700, direct your Round Up deposits into your Bonus Saver account. This keeps your savings growing automatically while helping you stay on track to earn the bonus rate.
If you need to tap into your savings, consider using funds from your Six7 Savings account first so you can continue working toward your Bonus Saver qualifications.
Step 3: Make your everyday money work harder
Your checking account doesn't have to sit idle. With a qualifying Bonus Checking account***, the money you use for everyday expenses can also earn interest while remaining available whenever you need it.
Earn 2.00% APY* on balances up to $25,000 by:
- Making at least 12 Numerica debit or credit card purchases of $5 or more each month
- Enrolling in eStatements
If you're already using your Numerica cards for everyday purchases, you may already be doing most of the work.
Maxxing Tip: Use your Numerica debit or credit card to pay recurring expenses like streaming services, utilities, insurance, and phone bills to help meet your monthly transaction requirements.
Step 4: Put long-term savings to work with certificates
Once you've built your emergency fund and have money you don't plan to use for several months or longer, certificates can help you earn even more. Choose a term from 3 to 60 months and lock in a competitive rate on deposits of $1,000 or more.
Maxxing Tip: Consider certificate laddering. Instead of putting all your savings into one certificate, split it among several certificates with different maturity dates such as 6, 12, and 18 months. As each certificate matures, you can use the money if you need it or reinvest it, giving you access to portions of your savings while continuing to earn competitive rates.
Put your savings strategy to work
Savings maxxing isn't about opening every account just because you can. It's about matching the right account to the right goal.
Your everyday spending, emergency savings, and long-term savings all have different jobs. When each has the right home, your money can work harder without making your finances more complicated.
Whether you're saving your first $100 or looking to earn more on the money you've already saved, we're here to help you build a strategy that fits your goals.
Ready to build your savings strategy?
Visit a branch, make an appointment, or chat with us online to get started.
Written July 2026
Written by the Numerica Financial Education Team: Helping members grow their money across Spokane, North Idaho, Wenatchee, and the Tri-Cities.
