The Instant Deposit feature allows you to deposit funds in real time using a linked external debit card. Instant Deposits are processed through card networks rather than through the ACH network (with your Yotta account numbers), allowing funds to transfer almost instantly.

Note: The initial limits for Instant Deposits are $250 per day and $1,000 per week.

Is there a fee to use the Instant Withdrawal feature?
Yes. Instant Deposits come with a 1.5% fee. For Instant Deposits that are less than

$33.33, there is a $0.50 fee.

Sometimes, saving time is worth a little added cost. With Yotta Instant Deposits, we’ve empowered you to make that decision.

Where does the fee come from?

The fee is taken out of the total deposit amount from your external debit card. If you deposit $50, then there would be a $0.75 fee taken out of the $50, making your "net deposit" amount $49.25.

Note: If you have a $0 balance in your Yotta account, then we will not charge the 1.5% fee for your initial deposits totaling up to $200.

Is it really instant? How fast will the Instant Deposit feature process?

Withdrawal speeds are typically real time, but depends on your external bank and could take up to 30 minutes.

What cards can I link?

You can use a prepaid debit card or any Visa or Mastercard debit card.

Did this answer your question?