Yes, your money is safe and secure with Tellus. We use bank-level encryption to store and transact any sensitive or personally identifying information, and we work with only reputable, trustworthy companies.
We currently partner with FDIC-insured banks, Stripe, and Plaid — all leaders in payment and financial technology — so your information and money are always safe and secure.
All user deposits held on Tellus' balance sheet are custodied by leading banks, each member FDIC insured. There are no fees for opening or using Tellus; however, your bank may charge fees based on their terms of service.