Yotta is a financial technology company, not a bank. Banking services provided by Evolve Bank & Trust, Thread Bank; Members FDIC and Synapse Brokerage LLC Program Banks. Please visit https://synapsefi.com/list-of-program-banks for the full list of Program Banks. The Yotta debit card is issued by two financial institutions:
- The Yotta Visa® Debit Card is issued by Thread Bank, member FDIC pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. - The Yotta Mastercard Debit card is issued by Evolve Bank & Trust, member FDIC, pursuant to a license from Mastercard. Lending services are offered via Synapse Credit LLC. Yotta does not own or collect on any debt at any phase of the lending cycle.
Lending services are currently only available in Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Tennessee, Utah, Virginia, West Virginia, and Wyoming. Please see here for more details on the states that Yotta loans are available in.
1) Early access to direct deposit depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
*Please note that odds for percentage cash or tickets back on a per transaction basis depend on a variety of factors including but not limited to transaction size, category and point of sale.
**Please note that the approximate Average Annual Savings Reward of 2.70% is a statistical estimate based on the probabilities of matching numbers each night. The Annual Savings Reward will vary from member to member depending on one’s luck in the Daily Drawings and is subject to change in the future.