TRUTH IN SAVINGS DISCLOSURE

  • Rate Information

    • The Annual Percentage Yield (“APY”) on the Unifimoney Cash Account is 3.655%, effective 03/21/23.

      • The APY is calculated as follows: APY = (1+r/n)^n-1, where r = Interest Rate (defined below) and n = `#` of compounding periods per year (e.g. 12 for 1 per month).

      • The Interest Rate is 3.59%. The Interest Rate is subject to change at our discretion at any time.

      • Interest will be accrued daily on end of day balance of the previous day, based on a calculation using 365 days per year.

      • Interest will be accrued on both principal and unposted interest (compound)

      • Interest will post once a month to customer’s USD wallet

      • Interest posting will occur on the last day of the month

  • Minimum Balance Requirements

    • There is no minimum balance required to open a Unifimoney cash account and and no monthly maintenance fees are charged for accounts that are defined as active.

  • Transaction Limitations

    • Maximum withdrawal limitations apply. See the “Electronic Fund Transfers Your Rights and Responsibilities” Notice section labeled “Limitations on Transfers” for more information regarding these limits.

  • Your ability to withdraw funds.

    • We do not accept cash and checks for deposits to be credited to Program Accounts. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them.

    • For determining the availability of your deposits, every day is a Business Day, except Saturdays, Sundays, and federal holidays. If you make a deposit before the close of business on a Business Day that the Bank is open, we will consider that day to be the day of your deposit. However, if you make a deposit after the close of business or on a day the Bank is not open, we will consider that the deposit was made on the next business day the Bank is open.

  • Fee Schedule

    • All fee amounts will be automatically withdrawn from your Program Account, except where prohibited by law. Any time your remaining balance is less than the fee amount being assessed, the balance of your Program Account will be applied to the fee amount resulting in a negative balance on your Program Account.

UNIFIMONEY CASH ACCOUNT FEES
After an initial 60-day grace period, a monthly service fee is applicable to all Unifimoney Accounts, HOWEVER this fee will be waived for “active” accounts. Whereby “Active” means there is at least one (1) transaction (deposit, asset purchase or sale) per month or a total balance of $1,000, or more, is maintained across all asset types within the Unifimoney app. The fees will be assessed based on activity during each calendar month. $1.00
Insufficient Funds: We reverse a debit when your Unifimoney Inc. Account does not have enough money $5 per occurrence
Processing Fee: Processing of any garnishment, tax levy, or other court or administrative order against your Accounts, whether or not the funds are actually paid $100 per order
Account Opening Fee $0
Overdraft Fee No overdrafts of the Unifimoney Cash Account are allowed

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Unifimoney Cash Account Disclosures

Last updated on 12/05/23

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Unifimoney Cash is offered through Unifimoney Tech QOZB, LLC (Unifimoney). Unifimoney is not a bank. Bank deposit products provided by First Fidelity Bank (FFB), Member FDIC. To participate in the program, you must open an account at Unifimoney, through which your funds will be placed in accounts at First Fidelity Bank in an omnibus account under their custody.

The advertised APY are paid by FFB. Your funds will be FDIC insured up to the applicable limit. Unifimoney receives a fee from FFB in connection with the Program that is based on the aggregate daily closing balance of deposits held in Program Accounts by FFB. The fee may vary and will generally increase as the aggregate amount of funds held by FFB on behalf of Unifimoney customers increases.

The Unifimoney Cash Account Annual Percentage Yield (APY) as of 03/21/2023 is 3.72% APY (3.655% interest rate). The calculation for APY is rounded to the nearest basis point. Both the interest rate and APY are variable and subject to change at our discretion at any time without notice.

The information provided in your account application is being provided by you to Unifimoney and our platform partners simultaneously. Each of Unifimoney and platform partners may use this information in accordance with its respective privacy policy. Upon acceptance of the application, an account will be opened with Unifimoney.

1 - FDIC insurance up to $250,000 (including principal & interest) per depositor. 


For more information on FDIC insurance coverage, please visit www.FDIC.gov. Funds you place in your Unifimoney Cash Account are not covered by SIPC.

2 - There are no limits on the number of deposits or withdrawals you can make under the Program. 

For Bank and Credit Union customers who open their Unifimoney account  through their online banking platform funds may only be moved from their respective financial institution to Unifimoney Cash Account and back. There are no limits on deposits or withdrawals.

For customers who open their Unifimoney account using the Unifimoney app or web site the maximum deposit limit per transaction is $25,000 but there is no limit on the number of transactions you can make.

Transaction limits are subject to change at our discretion at any time.

Frequently Asked Questions

What’s the Unifimoney Cash Account?
What is the interest rate and Annual Percentage Yield on the Unifimoney Cash Account?
Is there a cap on how much money can earn interest?
Can I invest funds held in my Unifimoney Cash Account?
What do I need to do to take advantage of the  interest rate?
Are the Unifimoney Cash accounts FDIC-insured?
Are there any fees to open a Unifimoney Cash account?
Are there any balances, deposit or withdrawal restrictions on the Unifimoney Cash Account?
Stay up to date on unifimoney news and product updates

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All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Please see our Legal Library for important details.

Investment advisory services are provided by Unifimoney RIA QOZB, LLC, an SEC-registered investment advisor. For important information and disclosures relating to the robo-investment account, visit https://www.unifimoney.com/legal.

Free and simple tools are available to research firms and financial professionals at https://adviserinfo.sec.gov/ or INVESTOR.GOV/CRS, which also provides educational materials about broker-dealers, investment advisors, and investing.

‍Bank Products: Unifimoney is not a bank. The Cash Account is provided by First Fidelity Bank (FFB) www.ffb.com member FDIC. The cash balance in the Cash Account may earn a variable rate of interest and is eligible for FDIC insurance. FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Cash deposits are not covered by SIPC.

Brokerage account services are offered through Apex Clearing and Custody, Inc. ("Apex"), a registered broker dealer, member of FINRA and SIPC. Your cash and investments are protected by SIPC up to $500,000, with a limit of $250,000 for cash. Deposits at Apex are NOT deposits or other obligations of and are NOT guaranteed by First Fidelity Bank. Not FDIC insured-May lose value.

Digital Asset Products: Investing in digital assets involves risk, including risk of loss. Digital assets are highly volatile, can become illiquid at any time, and is for investors with a high-risk tolerance. Investors in digital assets could lose the entire value of their investment. Custody and trading of digital assets are provided by Gemini Trust Company, a New York State-chartered limited liability trust company. Digital assets are not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation (“SIPC”)." and is NOT a deposit or other obligation of FFB Bank

Precious Metal Products: Precious Metal trading is offered through GBI, a New-York-based precious metals dealer. Deposits at GBI are NOT deposits or other obligations of and are NOT guaranteed by First Fidelity Bank NOT FDIC insured.

The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. Unifimoney does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Unifimoney's web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

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• You must be a Shop Your Way member to be eligible for this promotion. Membership is free. Sign up here.
• Must be a new Unifimoney customer and pass KYC (verification) processes for all partners to be issued an account.
• Existing Unifimoney customers are not eligible at this time.
• You must fund your account using Astra and/or P2P transfer.
• Users must hold at least $100 initial funding, at least $100 in crypto, at least $100 in metals, and at least $100 in equities in their account for more than 60 days.
• All missions must be completed within 30 days after account registration and before the offer expires.


**Terms and Conditions of the Shop Your Way Missions Promo. Offer only available to users who have previously created an account with Shop Your Way. Offer only available to US residents (excluding residents of Hawaii). Limited time offer. Promotion begins on PLACEHOLDER and may end any time at the discretion of Unifimoney. Offer not available to new users who were not referred to Unifimoney through the Shop Your Way referral program. Offer not available if a Unifimoney account was previously opened using the same(or different) contact information. Limitations exist on max payout per user at the discretion of Unifimoney. Rewards will be recognized on a mission-by-mission completion basis. First Mission must be completed before an account is credited with a reward. Eligible customers must complete all missions in order to receive the max reward. Max payout requires the opening of an account,  funding of said account, and completion of all Missions set forth by Unifimoney Inc. before the end of the promotional period. The promotional period is determined at the sole discretion of Unifimoney. Unifimoney may update the terms and conditions for eligibility at any time. Rewards distribution will be in Gemini dollars (GUSD) and credited, if applicable, to your Unifimoney cryptocurrency account and is tradable only within the Unifimoney app. Reward recipients are able to convert GUSD to BTC immediately. Conversion of GUSD to Cash may take two or more days to reflect. No refunds are available. Users may contact Unifimoney at appsupport@unifi.money with further questions.
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• You must be a Shop Your Way member to be eligible for this promotion. Membership is free. Sign up here.
• Must be a new Unifimoney customer and pass KYC (verification) processes for all partners to be issued an account.
• Existing Unifimoney customers are not eligible at this time.
• You must fund your account using Astra and/or P2P transfer.
• Users must hold at least $100 initial funding, at least $100 in crypto, at least $100 in metals, and at least $100 in equities in their account for more than 60 days.
• All missions must be completed within 30 days after account registration and before the offer expires.


**Terms and Conditions of the Shop Your Way Missions Promo. Offer only available to users who have previously created an account with Shop Your Way. Offer only available to US residents (excluding residents of Hawaii). Limited time offer. Promotion begins on PLACEHOLDER and may end any time at the discretion of Unifimoney. Offer not available to new users who were not referred to Unifimoney through the Shop Your Way referral program. Offer not available if a Unifimoney account was previously opened using the same(or different) contact information. Limitations exist on max payout per user at the discretion of Unifimoney. Rewards will be recognized on a mission-by-mission completion basis. First Mission must be completed before an account is credited with a reward. Eligible customers must complete all missions in order to receive the max reward. Max payout requires the opening of an account,  funding of said account, and completion of all Missions set forth by Unifimoney Inc. before the end of the promotional period. The promotional period is determined at the sole discretion of Unifimoney. Unifimoney may update the terms and conditions for eligibility at any time. Rewards distribution will be in Gemini dollars (GUSD) and credited, if applicable, to your Unifimoney cryptocurrency account and is tradable only within the Unifimoney app. Reward recipients are able to convert GUSD to BTC immediately. Conversion of GUSD to Cash may take two or more days to reflect. No refunds are available. Users may contact Unifimoney at appsupport@unifi.money with further questions.
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