A smarter way to pay and save

Pay anywhere, earn cashback, and grow your money — all from one modern financial app.

Parallel

Good morning, Alex

Available balance
$4,827.63
Send
Pay
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Rewards

Recent

Coffee House

Today

-$5.40

+$0.27 back

Grocery Market

Yesterday

-$67.23

+$3.36 back

Transfer from Sarah

Dec 4

+$50.00

Banking services provided by partner financial institutions. Parallel is a financial technology company, not a bank.

Everything you need in one app

Payments, savings, and rewards — built for how you actually use your money.

Payments

Pay anywhere, your way

Use your Parallel card or mobile wallet to pay in-store, online, or across borders — with lower fees and instant notifications.

  • Tap to pay with Apple Pay and Google Pay
  • Virtual and physical debit card
  • Pay online at millions of merchants
  • Real-time transaction notifications
  • Split bills with friends instantly
  • International payments with low fees

Payments visual coming soon

Savings

Watch your money grow

Earn competitive yield on your balance automatically — no lockups, no minimums, withdraw anytime.

  • Competitive interest on your balance
  • No minimum balance required
  • Withdraw anytime with no penalties
  • Automatic savings goals and roundups
  • Instant transfers between accounts
  • FDIC insured through partner banks

Savings visual coming soon

Rewards

Earn on every purchase

Get cashback on purchases, access exclusive offers from top brands, and refer friends to earn bonuses.

  • Cashback on qualifying purchases
  • Boosted rewards at partner merchants
  • Exclusive offers and deals
  • Referral bonuses for you and friends
  • Rewards tracked in real-time
  • Redeem for cash or statement credit

Rewards visual coming soon

Why choose Parallel?

Built for people who want more from their money — without the complexity.

Your money is protected

FDIC insured through our partner banks. Bank-grade security on every transaction.

Instant everything

Instant transfers, real-time notifications, and no waiting for your money.

Earn on every swipe

Cashback rewards on purchases plus competitive yield on your savings.

0

Monthly fees

5%

Cashback rewards

4.5%

APY on savings

$0

Minimum balance

Ready to upgrade your wallet?

Join the waitlist and be the first to get Parallel.

Parallel is a fintech company, not a bank. Banking services provided by our partner banks, members FDIC.