Updated February 17th, 2023
Below are the Disclosures, Business Deposit Agreement, Business Debit Cardholder Agreement, and Rewards Terms for Banking on the AngelList for Startups product.
AngelList is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank, N.A.; Member FDIC. The AngelList Business Visa® Debit Card is issued by Blue Ridge Bank, N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
Click here to view the Business Deposit Account Agreement
Click here to view the Business Debit Cardholder Agreement
The Interest Rate on account on the "Banking" tier is 1.86% with an Annual Percentage Yield (APY) of 1.88%. Growth plan customers with active cap tables (i.e., have invited all stakeholders to their dashboards) are eligible for an Interest Rate of 4.25%, an Annual Percentage Yield (APY) of 4.33%. The interest rate on the Scale tier is 4.50% with an annual percentage yield of 4.59%. The Interest Rates and Annual Percentage Yields are variable and may change at any time at our discretion. For more information, consult the deposit agreement.
Fees are subject to change at any time.
|Monthly Account Fee||$0|
|Incoming Domestic Wire||$0|
|Outgoing Domestic Wire||$0|
|Incoming International SWIFT Wire||$0|
|Outgoing International SWIFT Wire||$0|
|Physical Debit Card||$0/card|
|Virtual Debit Card||$0/card|
|ACH Transaction Fee||$0|
|International Debit Card Transactions||Visa conversion fees may apply|
AngelList and/or its affiliates receives referral income from one or more of the banks referred to herein based on the amount you deposit with such a bank
Payment services are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: The Steward Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199). In the US Currency Cloud operates in partnership with CFSB. CFSB fully owns the bank program and services are provided by The Currency Cloud Inc.
Banking Services in the United States provided by Community Federal Savings Bank
FX Transactions will be charged a 1% conversion fee.
If you have questions, we would be happy to chat with you and clear things up for you.