An installment credit builder account is a cash secured credit builder loan where the loan funds are deposited in a deposit account in your name and locked to secure the loan.
You make monthly payments of principal and interest; the principal builds your saving and is returned to you when your account is closed, the interest is how we earn money to provide the service.
While you will build savings with your installment credit builder account, CS Max and MAGNUM accounts are optimized for building larger amounts of credit, not building savings.