At FloatMe, it's our mission to help our members make better informed financial decisions and change their relationship with money for the better. With that in mind, we've intentionally designed Floats to benefit your financial health based on your positive financial behaviors.
Starting out, every FloatMe member can access Float amounts between $10 - $20, which can increase based on a number of factors including, but not limited to:
Money Management
Consistently maintaining a positive bank balance
Spending less money than you make (and having funds left over each payday)
Float Repayment
Positive repayment history on your Floats is key towards increasing your Float limit
Income
Higher-income levels
Longer employer deposit history
Consistent income amounts (aka low-income volatility)