How do I add money to my Fold Prepaid Debit Card?

There are several free ways to add money to your Fold Prepaid Debit Card. Read the details about each one so you can pick the method that best suits your needs. These methods can take between 1-5 business days for the deposit to show up in your Fold account.

If you are interested in funding your Fold Card instantly with a 1.5% fee, please read our Instant Funding FAQ.

 

Within the app

One-Time Deposit (in-app ACH)

  • You can fund your Fold account by linking an external bank account via Plaid and get your deposits in 1-5 business days.

 

Recurring Deposits (in-app ACH)

  • Recurring Deposits allow you to deposit funds into your Fold Card from your bank account using a scheduled routine*. Set an amount and a frequency and that's it. Read more here: How do Recurring Deposits work?

 

Externally

Direct Deposit

  • Direct deposit is a convenient and free way to add your paycheck, tax refund, or government benefits check to your Fold Prepaid Debit Card. You'll just need the account and routing numbers. Your employer may also accept the direct deposit form here. Note: Direct deposits are subject to all limits, including $10,000 per deposit.

     

Bank Transfers (external ACH)

  • Add money from virtually any U.S.-issued bank account by transferring through ACH (wires are not supported). If you have a checking or savings account, use it to add money to your Fold Prepaid Debit Card account. You can manually link your bank from outside the Fold app to add and withdraw funds by following these steps:
  1. Log into your bank's online banking portal.
  2. Go to external transfer.
  3. Add external account (checking)
  4. Add the account and routing number found in Fold. (Open the Fold app, tap Cash, then tap Direct Deposit)
  5. If an address for Sutton Bank is required, enter: 1 South Main St Attica, OH 44807
  6. Within 1-5 business days, you'll get micro-deposits into your Fold account.
  7. Log back into your bank external transfer section.
  8. Verify the micro-deposit amounts.
  • To add money, select your bank in the "To" field and Sutton bank in the "From" field.

     

Third Party Apps

  • Venmo, Apple Cash, Paypal, and others may offer free ACH deposits and usually clear within 1 business day. (Note that they may also provide Instant Funding, but fees may be included). Methods may vary, but generally, you'll need to manually add your Fold account and routing information to the "Add a bank" section of their app and then verify micro-deposits via the process above. More detailed FAQ here.

 

Please note: You are able to deposit up to $15,000 in a 24-hour period. (More on Fold Prepaid Debit Card limits here.) Different methods may have different individual limits.

 

If you have any questions, or need further assistance, please email us at support@foldapp.com. 

Updated

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