Why CapWay

Access and opportunities

Learn more about CapWay on our About Us page
Banking Security

We work overtime to make sure you are safe and secure with CapWay.

Card Protection
  • Our debit cards come with chip technology for extra card protection.
  • Easily temporarily freeze and unfreeze your card in the event of misplacing it, losing it, or suspicious activity.
  • High-level monitoring that comes with suspicious activity alerts to cardholders.
Account Protection
  • We add an extra layer of security with our 2FA / multi-factor authentication.
FDIC Insured
  • The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks for at least $250,000.
Contact Us
  • Contact support at any time, and someone will be happy to assist you.
Transparency

There are many reasons people are looking for a trusted alternative option to traditional banking. It could be due to no access to banking (banking desert), an increase in digital transactions, too expensive (overdraft and minimum balance fees), or simply a lack of trust in the traditional banking system.


With a clear understanding of these issues, CapWay is committed to building a transparent financial ecosystem of products and services that put you on the path to making the money moves needed for financial freedom.

We Collect Data

We care about your transactional data and other financial behavior, but let us be clear about why.

We are using your data to challenge the current financial system. From changes in how money is handled since the pandemic to the next generation thinking about money differently, data plays an important role in this new pathway. We are using our platform and your data to change how money services work in your favor versus against you.

No Hidden Fees

CapWay has no hidden fees and no surprises along the way. That means no overdraft or minimum balance fees and no added financial stress if you fall on hard times or a tough moment. On the other hand, there are some fees associated with the CapWay Money Account, such as a fee if you use an ATM outside the MoneyPass ATM Network.

The CapWay, Inc Debit Visa Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.

1. For Money Account holders with a negative balance, the CapWay debit card will go into freeze until funds are deposited to bring account back to current. See terms and conditions

2. Sending or receiving money from other CapWay account holders will be instant. Transfers from other accounts could take up to 48 hours, depending on the financial institution.

3. Early access to funds requires direct deposit. Early payment is not guaranteed and is dependent on the timing of payer's submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer's scheduled payment date.

4. Money Goals allows account holders to save money towards financial goals created within the CapWay platform. Funds can be transferred from your Money Account or saved through the rounding up of your transactions from purchases.

5. CapWay offers financial content through Learn Money free of charge, but may include advertisements through affiliates. Phunds, CapWay's literacy program and session, is paid content or co-branded content.

© 2019-2022 CapWay Inc. All Rights Reserved.