Legal
Terms &
Conditions.
Last updated: January 1, 2024
By accessing or using any Sable product or service, you agree to be bound by these Terms and Conditions and our Privacy Policy. If you do not agree, please do not use our services.
1. About Sable
Sable Money Inc. ("Sable") is a financial technology company, not a bank. Banking services are provided by Coastal Community Bank, Member FDIC, pursuant to license by Mastercard International Inc. Your Sable account is FDIC-insured up to $250,000 per depositor.
2. Eligibility
- Be at least 18 years of age
- Have a valid U.S. address or be in the process of relocating to the U.S.
- Provide a valid government-issued ID (passport, driver's license, or equivalent)
- Not be prohibited from using financial services under U.S. law
U.S. citizens must provide a Social Security Number. Non-U.S. citizens may apply with a passport and U.S. visa.
3. Sable Secured Credit Card
- No annual fee and no monthly maintenance fee
- 2% cash back on qualifying purchases at Sable partner brands; 1% cash back on all other purchases
- The 2X first-year cash back match applies to the first 12 months of card membership
- Sable reports payment activity to Equifax, Experian, and TransUnion monthly
4. Sable Debit Card & Bank Account
- No minimum balance requirement; no monthly maintenance fees
- Free ACH transfers and check sending within the U.S.
- International wire transfers may be subject to fees from receiving banks
5. Prohibited Activities
- Illegal activities, money laundering, or terrorist financing
- Fraudulent transactions or misrepresentation of identity
- Any activity that violates applicable federal, state, or local laws
6. Limitation of Liability
To the maximum extent permitted by law, Sable shall not be liable for indirect, incidental, special, or consequential damages arising from your use of or inability to use our services. Sable's total liability shall not exceed the amount held in your Sable account at the time of the claim.
7. Governing Law
These Terms are governed by the laws of the State of New York, USA. Banking services provided by Coastal Community Bank are subject to applicable federal banking laws and regulations.