In the cards tab of your Wayflyer account you will be able to create a new debit card for your account. From the cards tab there will be the option to “Add new card” in the top right corner of the screen.
Enter in the required information for the card holder, including:
Card holder name
Email address
Date of Birth
Valid US phone number for the user
You will then need to select the card type (physical or virtual), as well as the associated banking account for the card. You will need to have already created the banking account before associating the card with the account.
Finally you will need to enter the address. This can either be the business address for your company, or the physical address for the card holder. There will also be an option to enter in the shipping address for physical cards, if it is different from the entered address.
If you were creating a digital card it will be immediately available to access via your cards tab. You will be able to click into the card line of the cards tab to see the card number, expiration date, and other relevant information. If you requested a physical card it will be sent to your entered address, and you should receive it within one to two weeks.
Frequently Asked Questions:
How many debit cards can I create per account?
Currently you are able to generate 3 different digital cards and 1 physical card per banking account.
If I am creating a digital card, why do I need to enter in an address?
An associated address is required for any debit card, even if the card does not need to be shipped.
I created a digital card, and would like to change it to a physical card. How can I do that?
If a card was created as a digital card we are unable to transition it to a physical card. If you do need a physical card please create a new physical card and close out your digital card.
For support questions for the Wayflyer Banking product, please do not hesitate to reach out to [email protected].
Wayflyer is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. The Wayflyer Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.
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://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact [email protected] with questions on the sweep program. Pass-through insurance coverage is subject to conditions.
