Toast Checking*

*Toast is not a bank. Banking services provided by Thread Bank, Member FDIC. The Toast Checking Account Debit Mastercard is issued by Thread Bank pursuant to a license from Mastercard Inc. and may be used anywhere Mastercard is accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.

The Toast Checking Account is a checkless bank account that does not issue any physical or digital checks.

**Only purchase transactions processed through the Mastercard network are eligible for cash back rewards. Ineligible transactions include transactions that are not processed through the Mastercard network, cash withdrawals, peer-to-peer debit transactions refunds, or any transaction that is not consistent with lawful use of your Toast Checking Account. We reserve the right to modify or terminate this rewards program at any time.

***Interest rate of 2.47% and Annual Percentage Yield (APY) of 2.50% for accounts with total balances of $15,000 or more is effective as of 3/3/2025 for new Toast Checking account customers.  You will not earn any interest or APY if the total balance across your accounts is less than $15,000.  The interest rates and APYs are variable and may change at any time. Fees may affect earnings on the account.