How to automatically save a % of each deposit

My goal is to take a % of each deposit from square and automatically save it for a separate investment account. Since I can only deposit into one bank account what would be the best way to do this?

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You can't do that automatically since, as you stated, Square will only deposit into your linked bank account.  You would need to set up a separate bank account and transfer x% of each deposit from Square into it.

 

One dodge you could use would be to obtain a Square debit card.  That way, your deposits are not made automatically into your bank account, so you could keep a portion with Square, and request deposits as you want/need them into your bank account.  Just be aware that funds held in your Square account are neither FDIC insured (currently) and don't generate any interest.

Judy T Shumway
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