GrabrFi is a product of Grabr, Inc. Grabr, Inc. is a financial technology company, not a bank.
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.
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.
Digital dollar services are provided by Bridge Ventures LLC or one of its regulated affiliates (together, "Bridge"). The assets in your digital dollars account are not FDIC insured, are not bank deposits, and are subject to issuer and de-pegging risks that might affect its value. Its value is backed 1:1 by cash and short duration US Treasuries through Bridge or Circle.
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 Cardholder Agreement and GrabrFi website for more details.
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. Grabr, Inc. is the Platform Provider responsible for the application, access, and management of/for the services and card.
Boost earnings are a promotional incentive funded by GrabrFi, not interest, yield or investment returns. The 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. It is available to all GrabrFi customers excluding the U.S. and E.U.