The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. The rating was last updated on 11/12/2025.
+ 8 WalletHub users submitted a rating without writing a full review
+ 12 ratings from across the web
Get answers to your questions about Poppy Bank below. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Yes, a Poppy Bank account is FDIC-insured up to $250,000 per customer, per account ownership category. This means that even if Poppy Bank fails, you will eventually be able to recover an individual account's balance up to $250,000.
If you have a joint account, each co-owner of the account is considered a separately insured customer. As a result, you can collectively recover the account's balance up to $500,000 in the event of a bank failure, assuming you have no other shared accounts.
Poppy Bank Products Covered by FDIC Insurance
The Poppy Bank Premier Online Savings account does not explicitly state a maximum deposit limit. However, it requires a minimum opening deposit of $1,000.
Keep in mind that Poppy Bank's savings accounts are FDIC-insured up to $250,000 per customer, per account ownership category. For the most up-to-date information, please contact its customer service by phone at (888) 636-9994.
You can check the best savings accounts available to ensure that whatever decision you make really fits your goals.
Currently, Poppy Bank does not have any branches in Miami Lakes, FL. Its locations are primarily in California.
However, you can open a Poppy Bank Premier Online Savings account online. To find the nearest branches or ATMs, visit Poppy Bank's website or contact its customer service at (888) 636-9994.
You can check the best savings accounts available to ensure that whatever decision you make really fits your goals.
The Poppy Bank Premier Online Savings account has a $2,000,000 opening deposit limit via Plaid; however, you can make additional deposits once the account is opened.
For the most up-to-date information, refer to Poppy Bank's website or contact their customer service by phone at (888) 636-9994.
You can check the best savings accounts available to ensure that whatever decision you make really fits your goals.
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