Paid offers free personal and business checking accounts to all Paid payroll customers - with industry-leading benefits like 2.50% annual percentage yield (APY), rewards points on deposits, free debit cards with rewards points on spend, and the ability to receive 25% of your pay 2 days early.
With Paid, you get rewarded with every paycheck and every time you spend with your Paid debit card:
Answer: We offer comprehensive support through various channels including:
Employees get all of the benefits of Paid!
There are no fees for using Paid - NO setup fees, account fees, or annual fees.
Can I still use my Paid checking account?
Absolutely. You will always have personal, private access to your Paid account, which can operate independently of your payroll interactions with your company.
Paid is a d/b/a of Keep Financial Technologies, Inc. ("Keep"). Keep is a financial technology company and is not a bank. Banking services are provided by Thread Bank, Member FDIC. The Paid Mastercard Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Mastercard U.S.A. Inc. and may be used anywhere Mastercard cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://go.thread.bank/sweepdisclosure and a list of program banks https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions regarding the sweep program. Pass-through insurance coverage is subject to conditions.