But then you're saying that it's the water that saves.The Bible teaches that when we have believed in the Gospel, repented of our sins, and confessed the Name of Jesus as Lord, and are then immersed into water, at that point the Blood of Christ is applied to us, the Holy Spirit cuts our sins from us, we are added to the Church, and we are resurrected with Christ to a new life (Acts 2:38, Col 2:11-15, Rom 6:1-6, Acts 22:16, Eph 5:25-26, and others).
The water does not save. There is no mystical power in "holy water". The power is in the Death, Burial, and Resurrection of Christ, our belief in it, and our obedience to God's commands in Scripture (faith). It is the Spirit of God that "saves" us, but He does not do so until we meet Him in the water of immersion.
Two questions:
What does John 3:5 refer to when speaking of water?
If I become a believer today, and die next week and have not been baptized...
what is my fate?