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QLife Money partners with Stripe Payments Company for money transmission services and account services with funds held at Fifth Third Bank , Member FDIC.
Stripe Treasury Accounts are eligible for FDIC pass-through deposit insurance if they meet certain requirements. The accounts are eligible only to the extent passthrough insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. The FDIC insurance applies up to 250,000 USD per depositor, per financial institution, for deposits held in the same ownership capacity.
QLife Money Business Visa® Commercial Credit cards are issued by Celtic Bank, a Utah-chartered Industrial Bank, Member FDIC.