Wave Money is currently available to single-owner businesses in the United States with a Wave account. If you don’t have one already, simply create an account, log into it from your desktop, download the Wave app, and sign up under the app Banking tab.

We mean no monthly fees, account minimum, transaction fees, or ATM withdrawal fees if you withdraw from our network of 55,000 surcharge-free ATMs. You’ll find a list of them in the Wave Money app.

_{Note that if you use an out-of-network ATM, that ATM operator may charge a service fee. It's always best to use one of our 55,000 surcharge-free ATM's, which you can search for in the Wave Money app.}

Each time you use your debit card or virtual card, we earn a portion of the card processing fee that's paid by the merchant who is accepting your card.

Wave is not a bank, but we are a banking alternative⁵. We partner with Community Federal Savings Bank (CFSB) to issue the Wave Visa® Business Debit Card. CFSB holds all Wave Money deposits, which are insured up to $250,000 through the Federal Deposit Insurance Corporation (FDIC).

The Federal Deposit Insurance Corporation (FDIC) is a government agency that insures against loss of deposits in the case of bank failure. Our bank partner, CFSB, is FDIC-insured, and each Wave Money account is insured up to $250,000, limitations apply⁵.

No, Wave does not perform a credit check when opening a Wave Money account and your credit score will not be affected.

Wave Money currently supports single-owner businesses in the US. We look forward to letting you know when this changes.

You can use your Wave debit card anywhere Visa® is accepted. When you’re shopping online, just choose Visa® and enter your card information as you would normally.

Your virtual card is a digital debit card that can be added to the most popular digital wallets to pay online or anywhere tap is accepted.

Wave partners with the largest surcharge-free ATM network in the world to offer you free withdrawals. You can find the list of ATMs near your location in the Wave Money app.

Wave will never sell our customers’ data. We only share data with our banking partner, Community Federal Savings Bank (CFSB), as required under federal banking laws and as outlined in our Privacy Policy, Terms of Use, and the Wave Visa Business Debit Cardholder and Account Agreement.

If you use an ATM not owned by us for any transaction, including a balance inquiry, you may be charged a fee by the ATM operator even if you do not complete a withdrawal. This ATM fee is a third party fee amount assessed by the individual ATM operator only and is not assessed by us. This ATM fee amount will be charged to your Wave Business Debit Card account.