Is my money FDIC insured?

The funds in your Digit Account are held at FDIC insured banks for your benefit and are insured up to a balance of $250,000.

Digit itself is not a bank therefore does not have an FDIC insurance number.

The funds are FDIC-insured on a “pass through” basis. This means that each individual user's balance is protected by FDIC insurance, up to the limits established by the FDIC.

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