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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.
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 acount |
| ATM Withdrawal* | $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. |
| 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:
- Real, Unit-powered, cards work with ATMs on the Visa, Plus, Interlink, and Accel networks. Real, on behalf of their customers, covers any fees the ATM might charge.
- We’ve also partnered with Allpoint, which enables us to offer you a fee-free ATM experience at over 55,000 locations globally.
- End-customers can make cash deposits at any eligible, US-based Allpoint ATM
- Deposits are limited to $1,000 per transaction, and there are also daily limits (set at your account level)
- Allpoint ATMs do not accept checks, envelopes, or non-US dollars
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 |
*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
If further assistance is needed, please reach out to wallet@therealbrokerage.com.
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