Your first group has a full roster, and you're ready to start collecting season dues! Let's walk through building a payment schedule.
Step 1: Module Learning
Building a payment schedule for your group will apply to the entire group roster, so as you add invoices, ensure you enter invoices that generally apply to all participants. Don't worry—we learn how to customize payment schedules for individual participants in the next module! After you watch Module 3, complete the action items below to continue setting up your account!
Step 2: Action Items
✔️ Build and publish your payment schedule
Snap! Spend is a financial technology company and is not a bank. Banking services provided by Thread Bank; Member FDIC. The Snap! Spend Visa Debit is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa cards are accepted.
Your deposits qualify for up to a maximum of $2,500,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity.
You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program.