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Qualifications

Qualifications to open a Swell Cash account and a Swell Credit line are set by Central Pacific Bank, Member FDIC (“CPB”). To qualify, applicants must have a valid and verifiable identity, have a valid and verifiable Social Security Number or Tax ID Number, have a valid and verifiable email address, be of legal age to contract according to the laws of their state of residence, be a resident of states we service, and, for Swell Credit, have a valid and verifiable source of recurring income. The foregoing is not an exhaustive list of product qualifications; other requirements apply from time to time as determined by CPB in its discretion.

From time to time CPB may review your continuing eligibility for the Swell Credit account by reviewing your account activity and credit report; CPB may increase the interest rate applicable to your account with advance written notice. The APR disclosed on your Swell Credit account opening disclosures will be the APR until such time as CPB provides notice of a rate increase. See Section 28 and Section 33 of the Swell Credit Account Terms and Conditions www.swellmoney.com/swell-credit-terms.

Swell Cash and Swell Credit are available in the following states: 

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • Delaware
  • Florida
  • Hawaii
  • Idaho
  • Indiana
  • Iowa
  • Kansas
  • Kentucky 
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Ohio
  • South Carolina 
  • Tennessee
  • Utah
  • Virginia 
  • Washington
  • Wyoming

Swell Cash is available in the following states: 

  • Colorado
  • Connecticut
  • Georgia
  • Illinois
  • Louisiana       
  • Maine
  • Massachusetts
  • Nebraska
  • Nevada       
  • New Hampshire        
  • New Jersey
  • New York       
  • North Carolina
  • North Dakota
  • Oklahoma
  • Pennsylvania
  • Rhode Island
  • South Dakota
  • Texas
  • Vermont
  • West Virginia
  • Wisconsin

 

Last updated March 21, 2023

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Swell Financial, Inc. is a technology company, not a bank. Swell is not a member of the FDIC, and not all products and services promoted and supported by Swell benefit from FDIC deposit insurance.


*Banking services and line of credit services are provided by Central Pacific Bank, Member FDIC.  Click here  to view CPB's Privacy Policy for the Swell program. The Swell Cash deposit account product, for which Central Pacific Bank is the depository, is FDIC-insured for deposits up to $250,000 per depositor. The Swell Debit Mastercard® is issued by Central Pacific Bank pursuant to a license from Mastercard and may be used everywhere Mastercard debit cards are accepted. Qualifications to open a Swell Cash account and Swell Credit line are set by Central Pacific Bank. See here for more details on product qualifications.

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