Zurp launches new credit card and banking platform
By Leandra Monteiro
Zurp, a consumer FinTech company on a mission to redefine finance and promote financial wellness, announced the public availability of the Zurp Card, a credit card and banking platform offering experience-focused rewards. The card is available for individuals 18 years and older and is specifically built with Gen Z in mind.
Powered by Mastercard with banking service provided by First Pryority Bank, Member FDIC, Zurp is offering a bank and credit card product designed to help cardholders lay the foundation for a solid financial future. Its cardholders build credit while earning points on purchases they’re already making to earn rewards they actually want all without a typical credit check. In this way, the Card aims to provide broader access to a caliber of card features and points that are typically contingent upon credit scores.
“Banking doesn’t have to be boring,” said Troy Osinoff, co-founder and co-CEO. “We’re on a mission to provide experience-driven financial services, enabling people to live the life they’ve always desired. With the Zurp Card, powered by Mastercard, we’re encouraging users to adopt positive financial habits but in a way that is engaging, fun, and rewarding.”
Purchases made using the Zurp Card are funded from a Cardholder’s linked FDIC-insured Zurp Cash Account. Cardholders set their own credit limit by depositing funds into their Zurp Cash Account and are not required to maintain a minimum account balance. The account offers a 5.00% Annual Percentage Yield (APY¹).
The Zurp Card does not have an annual fee and does not charge any ATM fees. It also comes with features designed to keep cardholder accounts secure, including Mastercard ID Theft Protection™, Zero Liability Protection, and Global Services for emergency assistance.
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