Terms & Conditions

All genders welcome!

Access to Sequin banking services subject to eligibility. Sequin Financial Inc. is a financial technology company and is not a bank. Banking services provided by Thread Bank; Member FDIC.

^ Your deposits qualify for up to a minimum of $3,000,000 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 and a list of program banks at https://www.thread.bank/faq. Please contact customerservice@thread.bank with questions on the program.

* Full Rewards Terms & Conditions Apply (coming soon). Earn cashback rewards at a rate of 6% on "Pink Tax Categories" as defined by the following merchant category codes "MCC": Drug Stores & Pharmacies, Cosmetic Stores, Barber and Beauty Shops, Health and Beauty Spas, and Massage Parlors - in any qualifying month. A qualifying month is defined as a calendar month in which you make at least $1000 in settled debit transactions on the Sequin Visa® Rewards Debit Card. If you make less than $1000 in settled debit transactions on the Sequin Visa® Rewards Debit Card in a calendar month, you earn cashback rewards on debit transactions at a rate of 0.5% cashback on “Pink Tax Categories”. We do not control, and are not responsible for, what MCC gets associated with any Transaction.

** We are not affiliated, associated or endorsed by the brands we list on sequincard.com. All names, marks, emblems and images are registered trademarks of their respective owners. Any product names, logos, brands, and other trademarks or images featured or referred to within the Sequin website (sequincard.com) and/or on any social media forum are the property of their respective trademark holders. We declare no affiliation, sponsorship, nor any partnerships with any registered trademarks.

*** With a Sequin High-Interest Checking Account (available to Sequin Members), you get up to four international ATM fee reimbursements per month, up to $20.00. Sequin Members will receive their reimbursement by the 10th day of the following month.

**** Annual Percentage Yield (APY) Annual Percentage Yield (APY) of 3.56% for a Sequin High-Interest Checking Account & 1.00% APY for a Sequin Rewards Checking Account is accurate as of 10/27/2023. This is a variable rate and may change after the account is opened. Account fees may reduce earnings. No minimum balance to open account or to obtain APY (annual percentage yield). APY valid from account opening. Rates may vary. National average bank interest rate is 0.07% APY as of October 2023. Obtained from the FDIC.

***** Sequin University, Credit Tools, and Perks are not affiliated with Thread Bank. Sequin Member results are based on a 2022 study of 100 participants over a period of three weeks. Results may vary.

Sources:

‡ Women were granted rights to bank accounts and debit cards only 50 years ago, Forbes, 2023

‡ Everyday products and services cost women $188,000 more over our lifetimes, BankRate, 2023


‡ Women pay higher interest rates and more in fees - while investing less, FINRA, 2012

‡ Women pay higher interest rates and more in fees - while investing less, Magnify Money, 2019

‡ Women control 85% of all consumer spending, Girl Power Marketing, 2019


‡ Women pay more for the same everyday goods and services, such as razors, deodorant, and hair care 42% of the time, Daily Campus, 2024

‡ Women have more anxiety about finances than men, Morning Consult Pro, 2024

‡ 14% of Gen-Z women go into debt for beauty, Lending Tree, 2023

‡ Period products are still often taxed as “luxury goods”, NBC, 2024

‡ Women pay 30% more in overdraft fees as compared to men, BankingDive, 2019

Content for Educational and Informational Purposes Only. Our Service is designed to provide you with a general overview regarding finance, credit, and investing. 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. Given the risk involved in investing of almost any kind, there is no guarantee that the investment methods suggested will be profitable. 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.

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