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SkyFi is a financial technology company, not a bank. Bank accounts and services provided by Grasshopper Bank, N.A. Member FDIC. The FDIC’s deposit insurance coverage only protects against the failure of an FDIC-insured bank.
Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and IntraFi Cash Service is a service mark, of IntraFi Network LLC.
Cash back is earned on qualifying business purchases made with your SkyFi business debit card. Exclusions may apply. Rewards are subject to change.
The SkyFi business debit card is issued by
Grasshopper Bank, N.A.,
Member FDIC, pursuant to a license from
Visa U.S.A. Inc.
Usage of the card is subject to eligibility and approval. SkyFi is a financial technology company, not a bank.