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How to use the Rapid Payment option when off-ramping on Spritz in the US.
How to use the Rapid Payment option when off-ramping on Spritz in the US.

Information about Rapid Payment

Ley avatar
Written by Ley
Updated over a year ago

What is the Spritz Rapid Payment Feature?

The Spritz Finance Rapid Payment Feature is a service that allows users to make faster payments to their US bank accounts via Checkbook. Users have the option to choose between "ACH" and "Rapid" payment methods. The "Rapid" payment method provides rapid delivery to your bank account within the hour.

Please note that rapid payments come with an additional 1% fee on top of regular Spritz fees.

How can I determine if my bank account is eligible for Rapid Payment?

You can check with your bank to confirm if your account is eligible for Rapid Payments. Additionally, Spritz Finance maintains a list of US banks that accept Rapid

Payments. Please refer to the list below for some examples of eligible banks.

Can you provide a list of US banks that accept Rapid Payments from Spritz?

While the list of eligible banks may change over time, here are some examples of banks that have accepted rapid payments in the past:

  • JPMorgan Chase Bank

  • Bank of America

  • Wells Fargo Bank

  • Citibank

  • U.S. Bank

  • PNC Bank

  • Capital One Bank

  • TD Bank

  • Santander Bank

  • SunTrust Bank

How do I choose between "ACH" and Rapid Payment methods?

When initiating a payment on Spritz, you will have the option to select your preferred payment method. Simply choose "Rapid" for eligible accounts or "ACH" for standard delivery. If the option is not listed, your bank may not accept Rapid Payments.

Is there an extra cost for using the Rapid Payment method?

Yes, there is an additional 1% fee for using Rapid Payment on top of regular Spritz fees. This fee covers the cost associated with the instant delivery of funds through rapid payments.

How quickly will the funds be available in my bank account with the Rapid Payment method?

Funds sent through Rapid Payment will be available in your account within the hour.

Are there any limitations or restrictions on Rapid Payments?

Rapid Payments are subject to the terms and conditions of your bank and may have certain limitations or restrictions imposed by your bank. Please contact your bank for details regarding rapid payments and any potential restrictions.

How can I get further assistance or support regarding Rapid Payments and the Spritz Finance Rapid Payment Feature?

For additional assistance or support, please reach out to Spritz Finance customer support through our contact channels, which can be found on our website or within the Spritz Finance web app. Our team will be happy to assist you with any questions or concerns.

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