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The Official Purple Blog

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© 2025 Purple Financial, Inc. All rights reserved.

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Purple is a financial technology company, not an FDIC-insured bank. Banking services provided by OMB Bank, Member FDIC. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

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The Purple Mastercard® Debit Card is issued by OMB Bank, Member FDIC, pursuant to license from Mastercard.

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APPLE and the Apple Logo are trademarks of Apple Inc. GOOGLE PLAY and the Google Play Logo are registered trademarks of Google LLC. Third-party trademarks referenced for informational purposes only; no endorsements implied.

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Out-of-Network cash withdrawal fees apply. Third-party and cash deposit fees may apply.

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By clicking on some of the links above, you will leave the Purple website and be directed to a third-party website. The privacy practices of those third parties may differ from those of Purple. We recommend you review the privacy statements of those third party websites, as Purple is not responsible for those third parties' privacy or security practices.​​

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¹ Early access is not guaranteed, depends on payer timing, and standard processing times may apply. We generally make funds available on the day we receive the payment file, which may be up to 4 days early for government benefits like SSI or SSDI, and up to 2 days early for other deposits. Early access is available at no additional cost.

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