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If you have money with PayPal venmo cash app wealthfront etc, you should know it may not be FDIC insured (even though they say it is).
Post Reply RetroFed Forum Forum Index » Personal Finance
AuthorMessage
lemonhead2 lemmy.world lemonhead2@lemmy.world
Joined: 2026-01-04
Quote
Link: https://www.youtube.com/watch?v=csPQBNvWuP0
24   Original
bamboo lemmy.blahaj.zone bamboo@lemmy.blahaj.zone
Joined: 2023-06-20
#2 · Quote Reply

It's pretty insane that they can advertise as FDIC insured while not being insured. Pretty much erodes faith in that claim which is the opposite of why FDIC exists.
12
michaelscott lemmy.world michaelscott@lemmy.world
Joined: 2026-07-28
#3 · Quote Reply

That’s fucked up.
4
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