Daily limits / Availability of funds

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For security reasons, and to guard you against identity theft, we have the following limits in place for your first 30 days as an account holder:

Daily Limits for the first 7 calendar days:
$100 Outgoing Transfers (ACH/Bank Transfers)
$1,000 Incoming Transfers (ACH/Bank Transfers)
$500 ATM Withdrawal limit
$4,000 Total PIN & Signature based limit

Then, for the remaining 23 calendar days:
$500 Outgoing Transfers (ACH/Bank Transfers)
$1,000 Incoming Transfers (ACH/Bank Transfers)
$500 ATM Withdrawal limit
$4,000 Total PIN & Signature based limit

After this initial 30 day timeframe:
$5,000 Outgoing Transfers (ACH/Bank Transfers)
$1,000 Incoming Transfers (ACH/Bank Transfers)
$1,000 ATM Withdrawal limit
$4,000 Total PIN & Signature based limit

Please note the above transfer limits only apply to transfers scheduled within the Aspiration online platform. Transfers scheduled from an external account are subject to the limits of the external financial institution.

After you’ve been with us for 90 days, your incoming ACH transfer limits may vary depending on your account. If you attempt to schedule a transfer over your limit, we’ll let you know in the app.

You may transfer between Aspiration Spend and Aspiration Save up to 50 times per day. These transfers can be scheduled any time and are only subject to the amount available within the account. 

 

Electronic transfers:

Electronic transfers (also known as ACH transfers) process through the Federal Reserve. Incoming transfers scheduled on our website or mobile app take 3-4 business days to post to ensure all funds have processed fully through the Federal Reserve.

The daily cutoff time for scheduling incoming electronic transfers is 8pm PT. If you schedule an incoming transfer on a business day before 8pm PT, it will begin processing that same day and the funds will post to your account 3-4 business days later. If you schedule your transfer after that cutoff time on a business day, or at any time on a non-business day, it will begin processing the next business day and the funds will post to your account 3-4 business days after that.

 

Wire transfers:

To request an outgoing wire transfer, please click here.

Outgoing domestic wire transfers must be scheduled on a business day before the applicable cutoff time to be debited same-day. Domestic wire transfers must be scheduled by 1pm PT.

Outgoing international wire transfers must be scheduled by 11am PT to be debited the same-day, and take about 2-4 business days to go through.

Incoming wire transfers received by 12pm PT should be credited the same day, but are subject to the sending bank’s processing times.

 

Mobile check deposits:

"For mobile deposit only to Aspiration Financial" must be written on the back of your check, under your endorsement, to be accepted. Checks deposited via the mobile app become available 1-2 business days* after being deposited.

If deposited before 2pm PT on a business day, the funds will become available 1 business day after the day of deposit. If deposited after that daily cutoff time, or on a non-business day, the funds will become available 2 business days after the day of deposit.

Check funds should reflect in your available balance for use by 5 pm PT on the day the deposit is set to be available.

* Please note that checks deposited within the first 30 days an account is open are subject to a 5 business day hold. Checks deposited after the 30 day mark may also be subject to a 5 business day hold on a case-by-case basis.

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