Skip to main content
All CollectionsHausMoney™ ExperienceYour HausMoney Card
HausMoney™: What is the Nightly Lending Payoff?
HausMoney™: What is the Nightly Lending Payoff?

This transaction is a combination of your transactions today, this is NOT a credit nor a debit taking money out or into your account.

Sebastián Jordan avatar
Written by Sebastián Jordan
Updated over a week ago

The HausMoney Card makes your tips instantly available to spend on your card. To do this, we spot you for card purchases and then pay that money back the next day. Here is how it works:

  • Each time you use your HausMoney Card, we spot you for those purchases and cash withdrawals.

  • Each night, we use the Nightly Lending Payoff to pay that money back from your HausMoney checking account.

  • You will see these transactions marked clearly in your transaction history in the App.

That way, you can use your card instantly – even before funds have even hit your accompanying bank account.

Each month, your card purchases are reported to the credit bureaus as credit-worthy payments. This positive payment history builds your credit history and can improve your credit score!

Still have questions? Contact your HausMoney Card customer support at support@upwardli.zendesk.com or 1 (888) 789-1482

Did this answer your question?