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Funding your Giftbit Account

Information on the variety of ways you can fund your Giftbit account to send rewards.

Andrew Flaro avatar
Written by Andrew Flaro
Updated over 4 weeks ago

In order to send rewards, your Giftbit account will need funds to fulfill the rewards that you are sending. There are three different options available for funding your Giftbit Account:

💡If you are sending rewards outside of USA and Canada, you will need to set up a default currency or fund your account by wire. Giftbit offers wire options for USD, CAD, GBP, EURO, AUD, and MXN currently. Further info can be found here.


Credit Cards 💳

Giftbit accepts the following credit cards for adding credits to a Giftbit account

  • USA: Visa, MasterCard, American Express, JCB, Discover, and Diners Club

  • Canada: Visa, MasterCard, and American Express

A 3.5% fee applies to credit card payments.
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Credit card funding can take place at the same time as placing an order!


Wire, Bank Transfer, ACH, EFT 🏦

Giftbit does not apply any additional fees to bank transfers.
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When sending a Wire Transfer include a note on the transfer that includes your Giftbit username (Email).
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​Giftbit Recommends: Allowing 2-5 business days for processing, if the funding has not been applied after this time period contact finance@giftbit.com
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👉 Giftbit Recommends: If you require a receipt/invoice follow the steps listed in Finance: Request an invoice/receipt
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Wire Transfer Information

🇺🇸 Bank Transfer Details (USA)

  • The following Instructions are for American funds only:

  • Bank: BMO Harris Bank
    111 West Monroe Street
    Chicago, IL 60603

  • Routing/Transit: #071000288

  • Account: 3098613

  • SWIFT: HATRUS44

  • Beneficiary Name: Giftbit, Corp.

  • ⚠️ Important: include a note on the transfer with your Giftbit username (the account where the credits should be deposited).

🇨🇦 (Canada) Bank Transfer Details

  • The following Instructions are for Canadian funds only:

  • Bank: Bank of Montreal

  • Transit: 00120

  • Institution: 001

  • Account: 1994419

  • SWIFT: BOFMCAM2

  • Beneficiary Name: Giftbit Inc.

  • ⚠️ Important: include a note on the transfer with your Giftbit username (the account where the credits should be deposited).

🇬🇧 (UK) Bank Transfer Details

  • The following Instructions are for GBP funds only:

  • Bank: Revolut Ltd

  • Address: 7 Westferry Circus, E14 4HD, London, United Kingdom

  • Currency: GBP

  • Sort Code: 04-29-09

  • Account No: 53596927

  • Beneficiary Name: Giftbit, Corp.

  • ⚠️ Important: include a note on the transfer with your Giftbit username (the account where the credits should be deposited).

🇪🇺, 🇦🇺, 🇲🇽 (Europe, Australia, Mexico) Bank Transfer Details

  • The following Instructions are for EURO, AUD, and MXN funds only:

  • Bank: Revolut Technologies Inc

  • Address: 107 Greenwich Street, Floor 20, New York, NY, 10006, United States

  • Currency: EUR

  • Wire / Routing No / Swift: REVOUS31

  • Account No: 213080852276

  • Beneficiary Name: Giftbit, Corp.

  • ⚠️ Important: include a note on the transfer with your Giftbit username (the account where the credits should be deposited).

💡 Bank Transfer information is also listed on the Giftbit dashboard!

  1. On the drop-down menu on the left-hand side select Account

  2. Click the Wire Transfer Information button

  3. Select desired currency you need!

Direct Debit ➡️

🇺🇸 Direct Debit is currently only available for USD Funding

Direct Debit is a hassle-free payment option for your Giftbit account that securely links to your bank, facilitating withdrawals of specified amounts.

  • Auto-Withdrawal: Set up automatic withdrawals when your account reaches a predefined threshold, streamlining your payment process.

Who Can Sign Up?

Direct Debit is available for accounts funding for USD sending.

How to Get Set Up

To enable Direct Debit for your Giftbit account, you need to complete a contract. Contact our support team (support@giftbit.com), your Sales Representative, or your assigned Customer Success Manager (CSM) to initiate the setup process.

The contract is necessary for Giftbit to withdraw from your account, nevertheless, your account still has access to all benefits; no minimums or subscription fees.

Processing times

The timeline for processing Direct Debit payments, from the moment of withdrawal to posting in your account, is comparable to wire transfers. Anticipate a processing window of approximately 5-7 business days.

⛔ PayPal is not an accepted form of payment with Giftbit.

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