GrabrFi is a product of Grabr, Inc. Grabr, Inc. is a financial technology company, not a bank.
Banking services are provided by Regent Bank, Member FDIC. FDIC insurance only covers the failure of insured depository institutions. Certain conditions must be satisfied for pass-through FDIC deposit insurance to apply.
The boost wallet rewards you earn are a promotional incentive funded by GrabrFi, not interest, yield or investment returns. The rewards rate used in content reflects the current rate at the time it was sent or published. Refer to the in-app rate for the current rate, it is subject to change. This feature is available to all GrabrFi customers excluding the U.S. and E.U..
The GrabrFi Mastercard® Debit Card is issued by Regent Bank pursuant to a license from Mastercard U.S.A. Inc. and may be used everywhere Mastercard debit cards are accepted.
The Prepaid Debit Visa Card (the “Card”) is issued by Lead Bank pursuant to licensing by Visa U.S.A. Inc. and may be used everywhere Visa is accepted. Must be 18 or older to apply. Fees may apply. See the Cardholder Agreement and GrabrFI website for more details.
Bridge Ventures LLC (“Bridge”) is not a bank. Bridge is a financial technology company and is the Program Manager responsible for managing and operating the Card on behalf of Lead Bank. GrabrFI is not a bank. GrabrFI is a financial technology company and is the Platform Provider responsible for the application, access, and management of/for the card.
Virtual currency services are provided by Bridge Building Inc. (NMLS # 2450917). Virtual currency accounts and value balances are not subject to FDIC or SIPC protections.