We're excited that you have chosen to utilize Snap! Spend as your program's banking platform. Before we can dive into the platform, we will need you (as the Program Admin) to submit an application to our banking partner.
📧 The application link will be emailed to you by your Snap! Mobile Sales Rep. Please check your spam/junk folders if you haven't received it!
Application Approval
Approved ✅
The initial application will only require you to enter an EIN for verification—no business documents will be needed unless our banking partner is having trouble approving the application. If no additional documentation is required, you will receive immediate notification that your organization has been approved!
Awaiting Documents ⏰
In the case that our banking partner is having trouble verifying your organization, they might need us to upload additional documents after the initial application has been submitted.
| Business Type | EIN Verification | COI Verification |
| Clubs | IRS 147C Tax Return |
Articles of Incorporation SOS State Filing Certificate |
| Non-Profit | IRS 147C Tax Return |
Articles of Incorporation Articles of Conversion |
| Schools | IRS 147C Tax Return |
Private: Articles of Incorporation, Limited Liability Corp, or Partnership Agreement Public: Charter Document or proof of city/state government connection |
| Sole Proprietaries | No documentation needed | |
⏳ Please allow up to 2 business days for our banking partner to confirm approval once the documents have been uploaded!
What's Next?
✍️ Sign your contract! Your Sales Rep will be in touch with your contract and guide you through this process.
📆 Book your kick off meeting! Your Sales Rep will provide you with a link after the contract is signed to book an initial call with your Onboarding Manager.
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://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions on the sweep program.