Connecting your bank to your Altruist account allows you to deposit funds via ACH to your investment account and set up recurring deposits.
The easiest way to connect your bank in Altruist is via Plaid! A quick and secure third-party platform that uses your online banking credentials to connect different financial accounts. This is the same platform that many other financial account aggregators such as Venmo use.
- Log into Altruist.
- Click on your initials in the top, righthand corner of the screen.
- Go into "Settings," then switch from the "Profile" tab to "Accounts."
- Scroll down to the section titled "Funding Accounts" and click "Add Funding Account."
From here, you will be prompted to use Plaid. Look up your banking institution and enter your online banking credentials. Plaid will instantaneously connect your accounts and allow you to make transfers to and from your bank and investment account!
Don't feel comfortable using your online banking credentials?
Check out the alternative method here.