**Disclaimer: The interest rate and annual percentage yield may change at any time and without prior notice. Interest rates and yields are effective as per the date on the applicable rate sheet. See applicable terms and restrictions and refer to the applicable rate sheet for additional information. Meow Technologies is a financial technology company, not an FDIC-insured depository institution, bank or credit union, and your account at Meow is not, itself, an FDIC-insured product.
Banking services are provided by Cross River Bank and Grasshopper Bank, N.A; Members FDIC.
Deposits held at Cross River Bank, Member FDIC, insured up to $250,000. Meow Technologies, Inc. is not an FDIC-insured bank. With Meow Technologies, Inc. you have the ability to sign up for the Cross River Bank IntraFi Cash ServiceSM, which affords you the maximum amount of $200 million in FDIC insurance. Under the terms of the Cross River Bank IntraFi Cash ServiceSM Cross River Bank may place some or all of the funds held in your Business Checking account(s) into an account at one or more other Participating Institutions. Each Participating Institution is an FDIC-insured depository institution that only covers the failure of insured banks. Funds are insured up to $250,000 per ownership category and per institution. Certain conditions must be satisfied for FDIC deposit insurance coverage to apply to any funds held at a FDIC-insured depository institution. You are responsible for monitoring where your deposits are held (available at https://DepositorControl.com/) to determine the extent of FDIC insurance coverage available to you.
Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi's network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi's network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount ("SMDIA") at any one bank, a depositor's balances at the institution that places deposits may be uninsured. The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits. IntraFi, ICS, and IntraFi Cash Service are registered service marks of IntraFi LLC.
***FDIC insurance coverage is only available to protect you against the failure of an FDIC-insured bank that holds your deposits (and does not protect you against the failure of Meow or other third party). Your account with Meow and all services provided to you are subject to the Meow Terms of Service (“Account Agreements”) and other applicable terms and no other representations or warranties, express or implied, are provided to you except as expressly set forth in those written Account Agreements. If you have any questions regarding your account, please contact team@meow.com. The FDIC's deposit insurance coverage only protects against the failure of an FDIC-insured bank.
†2% average savings are based on an average estimated fee rate of 3% for foreign currency conversion fee charged by Visa and most issuing banks. See here for more information. Currencies eligible for foreign exchange savings are available here.
Meow may receive compensation if you receive business financing through Lendio.
Financing amounts range from $50,000 to $20M, depending on the product. The amount you qualify for is based on your credit, industry, and location, and may be less than the maximum for the product.
‡Filling out an application for business funding and submitting to our funding partners will not impact your personal credit score, but, depending on the product, accepting an offer may result in a hard inquiry.
California loans made pursuant to the California Financing Law, Division 9 (commencing with Section 22000) of the Finance Code. All such loans made through Lendio Partners, LLC, a wholly-owned subsidiary of Lendio, Inc. and a licensed finance lender/broker, California Financing Law License No. 60DBO-44694.
