Are there fees for banking?

There are no overdraft fees or account fees, and ATM fees are reimbursed when using your Ellevest debit card¹ in the US.* If you make a purchase with your debit card outside the US, any international transaction fees will be charged to your account. If you use an ATM outside the US, an International ATM withdrawal fee of $5 will be applied.

*Domestic ATM Transaction Fees will be reimbursed if a payroll direct deposit has been received within the prior 30 days of the ATM transaction settlement. International ATM withdrawal fee of $5 will apply.

¹Ellevest’s banking services, the Ellevest Save and Spend accounts, are provided by Coastal Community Bank (“Coastal”), Member FDIC. Ellevest Debit Card is issued by Coastal Community Bank, pursuant to license by Mastercard International. Your Ellevest Save and Spend account deposits will be insured to the regulatory limits by the FDIC.

Funds held in your Ellevest investment accounts are not FDIC‐insured, not guaranteed by Coastal, and may lose value. Ellevest does not guarantee investment performance. Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.