I was recently asked the question, "Does water baptism save?"
No, water baptism does not save the soul. Under the New Covenant of Christ, the word "save" has to do salvation or salvaging the soul. The water baptism has no power to effect change within the soul. The water was symbolic and a sign of discipleship which the apostles stopped using after seeing that it was causing problems. We can see this in 1 Corinthians 1:12-17 which concludes with Paul writing, "For Christ sent me not to baptize, but to preach the gospel: not with wisdom of words, lest the cross of Christ should be made of none effect."
Jesus also said to Peter, "After you are converted" for he was not yet baptized with the Spirit which is the point of our new birth in Christ. (Luke 22:32)
And Jesus also said to them before His ascension, "wait for the promise of the Father...For John truly baptized with water; but ye shall be baptized with the Holy Ghost not many days hence." (Acts 1:4-5)
If you go to this link on my website, you'll see my two videos as well as a link to a lesson that has a link to a free eBook on the SEAL of the Spirit: