Your security is our top priority

Mayfair is designed top to bottom to protect your information and account from security threats. We work with independent auditors and experts to review our systems and processes so you can sleep easily.

Minimize Risk

Protecting your funds

FDIC insurance*

By depositing your funds at our partner banks, you receive pass-through FDIC insurance coverage, so your funds are safe no matter what happens to Mayfair.

Regulated bank partners

Your deposits are held by federally regulated banks and nobody else (including us) touches or takes custody of your funds.

No investment risk

We never invest or lend out your funds. Your cash will not be put at risk no matter matter what happens in financial markets.

ACCOUNT SECURITY

Safeguarding your account

Robust authentication

Your account is safeguarded with enhanced platform security using mandatory organization-wide MFA.

Access controls

Your account provides just the right level of access to the right people with our intuitive user permission tiers.

Penetration tested

We regularly engage the industry’s best application security experts for third-party tests and vulnerability scans.

DATA SECURITY

Shielding your data

SOC 2 coming soon

Our security protocols and processes undergo rigorous independent auditing on an ongoing basis.

End-to-end encryption

We leverage industry best practices and encrypt your data at rest and in transit to keep your information safe and confidential.

Need to know basis

We only collect information required by our bank partners and for KYB / AML compliance. We never sell your data.

INTRODUCING MAYFAIR

The cash app that gets you paid, securely.

4.0%

APY on idle funds

account fees

∞

automated fee-free transfers

ABOUT THE alternatives

Don’t risk it with money markets

Federal reserve board

Money market funds (MMFs) are vulnerable to disruptive waves of redemptions and runs. MMFs, like other investment funds, are not eligible for the protections provided to modern bank deposits. Read report

Mar 8, 2022 • 30 min read

NEW YORK TIMES

In March 2020, the Federal Reserve had to step in to save the [money market funds], which seem safe until there’s a crisis. Read article

Apr 27, 2021 • 8 min read

Mayfair partners with Stripe Payments Company for money transmission services and account services with funds held at Evolve Bank & Trust, Member FDIC.The cash account is not a deposit account, and Mayfair is not a bank.

The cash balance in the Mayfair cash account is automatically eligible for pass-through FDIC insurance. For more information on FDIC insurance coverage, please visit www.FDIC.gov.*

The Annual Percentage Yield (APY) for the Mayfair cash account may change at any time, before or after the cash account is opened. Currently, you can earn 4% APY. Rates will vary based upon prevailing economic and business conditions. Furthermore, Mayfair may receive a fee from Stripe, and the amount of the fee, if any, may affect the rate paid on the cash accounts.

The information contained in this communication is provided for general informational purposes only, and should not be construed as investment or tax advice. Nothing in this communication should be construed as tax advice, a solicitation or offer, or recommendation, to buy or sell any security.

Any links provided to other server sites are offered as a matter of convenience and are not intended to imply that Mayfair or its affiliates endorses, sponsors, promotes, and/or is affiliated with the owners of or participants in those sites, or endorses any information contained on those sites, unless expressly stated otherwise.

By using this website, you understand the information being presented is provided for informational purposes only and agree to our Terms of Service and Privacy Policy. Mayfair relies on information from various sources believed to be reliable, including customers, partners, and third parties, but cannot guarantee the accuracy and completeness of that information.

Contact Mayfair by phone at (415) 906-5292 or by email at help@getmayfair.com for any customer service issues.