The Wayflyer debit card currently has hard spend account limits for debit cards. The limits are the following:
Daily card transactions: $5,000 daily limit
Daily ATM cash deposits: $2,000 daily limit
Daily ATM cash withdrawals: $2,000 daily limit
Please note these limits encompass transaction volumes for all cards on a single account. Because of this, multiple debit cards on a single account may hit these limits together, but debit cards for a separate banking account with Wayflyer will not be affected.
There are no monthly card limits.
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.