*Thombar is a financial technology company and is not a bank. Banking services are provided by i3 Bank, Member FDIC. The Thombar Visa Debit Card is issued by i3 Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted.
Accounts are eligible for pass-through deposit insurance only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. Deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the i3 Bank deposit sweep program. There may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.
**Annual Percentage Yield (APY) is variable and subject to change after account opening. Rate is compounded monthly and credited monthly. Total balances less than $50,000 earn up to 1.00% APY. Total balances between $50,000 and $249,999 earn up to 1.875%. Total balances of $250,000 or more earn up to 2.5% APY.
***Lines of credit are provided by Fundbox. Fundbox makes capital available to businesses through business loans and lines of credit originated by First Electronic Bank or Lead Bank. California businesses: Fundbox makes business loans and lines of credit loans pursuant to California Financing Law license 60DBO-48774. All financing is subject to credit approval of a completed application. Fundbox and its bank partners base loan eligibility on their respective credit and risk policies, applicable legal requirements, and other business considerations. Financing may not be available in all states and may be subject to local restrictions where applicable.
****No account or domestic transaction fees. Some foreign transaction fees may apply in limited circumstances.