**Sequin University, Sequin Credit Tools, and Sequin Rewards are not affiliated with Thread Bank.
Sequin Financial Inc. is a financial technology company and is not a bank. Banking services provided by Thread Bank; Member FDIC. FDIC Insurance is provided by Thread Bank; Member FDIC.
^FDIC Insurance is available on up to $250,000 of funds on deposit through Thread Bank; Member FDIC.
The Sequin Rewards Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted
*Annual Percentage Yield (APY)
Our Annual Percentage Yields (APYs) are accurate as of July 27, 2023. These rates are variable and may change after the account is open. The APYs for other banks are provided by mybanktracker.com and are accurate as of July 2023. The APYs in this table are for the state of California. The overdraft fee data for other banks is provided by mybanktracker.com and is accurate as of April 2023.
National average bank interest rate is 0.07% APY as of July 2023. Obtained from the FDIC.
Annual Percentage Yield (APY) of 3.56% is accurate as of 07/27/2023. This is a variable rate and may change after the account is opened.
Access to Sequin banking services subject to eligibility.
Sequin Member results are based on a 2022 study of 100 participants over a period of three weeks. Results may vary.
Account fees may reduce earnings.
***Sequin does not charge any ATM fees, but the ATM you are using likely does. With Sequin, you get up to four domestic ATM fee reimbursements per month, up to $20.00. Sequin members will receive their reimbursement by the 10th day of the following month.
Content for Educational and Informational Purposes Only. Our Service is designed to provide you with a general overview regarding finance and credit. It is not designed to be a definitive finance guide or to take the place of advice from a qualified financial planner or other professional. We will not assume liability of any kind for any losses that may be sustained as a result of applying the methods suggested through the Service, and any such liability is hereby expressly disclaimed.