Fees
There are no fees associated with the Real business checking account.
Limits
| Card Purchases* | $10,000 Daily limit | |
| Card Transactions* | $10,000 Daily limit |
This includes credit and debit amounts from the account. Resets at midnight est. Real Wallet debit card has built-in authorization thresholds: $1,000 per transaction $2,000 per day |
| ATM Withdrawal* Or Manual Cash Disbursements | $1,000 Daily limit |
You may be charged a fee, including for balance inquiries, by the operator of an out-of network ATM. You can avoid fees by using an in-network ATM. You can identify an in-network ATM by looking for the Allpoint logo on or near the ATM. see: ATM Withdrawal and Deposit for Real Wallet Accounts *Some ATMs may restrict the withdrawal amount per transaction. |
| ATM Deposit* | $1,000/transaction, $2,000 Daily limit |
You can use your debit card to make deposits at in-network ATMs. You can identify an in network ATM by looking for the Allpoint+ logo on or near the ATM.You cannot make cash deposits at out-of-network ATMs. |
| ACH Transfers* | $100,000 Daily Limit | $500,000 Monthly Limit |
*These are set for the entire card program and can't be adjusted per cardholder account.
**The cut-off time for both inbound and outbound transfers is 3:00 PM ET.
ATM's
- We’ve also partnered with Allpoint, which enables us to offer you a fee-free ATM experience at over 55,000 locations globally.
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You can use your debit card to make deposits at in-network ATMs. You can identify an in network ATM by looking for the Allpoint+ logo on or near the ATM.
- You cannot make cash deposits at out-of-network ATMs.
- Here is a link of their locations: Allpoint ATM Locator
International Transactions
You can use your Real Wallet Business Checking account anywhere Visa is accepted. Visa charges a fee called ISA. This fee is 1% of the total transaction value, and it's added automatically. International wire transfers are not supported.
Deposits
| Deposit Method | Limitations for Your Account |
| Direct Deposits* | No limits |
| Check Deposits* | $50,000 Daily Limit $100,000 Monthly Limit |
*The recipient’s name on any direct deposit or check transfer must match the name on the Account or the deposit may be returned to the originator. Direct deposit is the deposit of funds electronically into your Account by wire transfer or ACH credit transactions. You may transfer funds between your Account and another bank account. The connected bank account must be located in the United States.
Declined Transactions
There are other cases where our banking partner may block a transaction. You could have also hit one of the limits listed above.
- Vendor is a high fraud risk / marked for fraud
- Multiple attempted purchases near the limit
- Purchase of illegal item
- Gambling sites
Is it possible to over draft with the card?
No, it is not possible to over draft using the Real card. The card can only use the funds available on the card. If you have a transaction that is $50 but only have $20 in the account the transaction will decline as invalid funds available.
If further assistance is needed, please reach out to wallet@therealbrokerage.com.
The Real Brokerage is a real estate technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC Insurance available for funds on deposit through Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. The Real Wallet Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its 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. Pass-through insurance coverage is subject to conditions.