Payment Processing Times

In Snap! Spend you may see a Processing badge next to your payment. This is normal as we wait for the funds to settle before we mark the payment as paid. When payments are processing, teams see that you are in good standing. They also know that it takes a few days for the funds to settle.

Payment Processing Times

• Card payments will settle within 2-4 business days. 
• Bank payments take about 3-5 full business days to settle.

Note: Business days do not include weekends or holidays! 

If your payment is processing and it's still within the processing times described above, you'll want to give it the full-time window before worrying about it. 

**Please note payments may take 1-2 business days to process from the scheduled due date due to varying factors, such as the parent's banking institution. 

Still have questions or need help? Please reach out to us directly at spend.support@onsnap.com or by phone at 276-531-9260.

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.