Purple - Banking & Benefits

Start saving for a better life with Purple.

Purple is a financial technology company, not a bank. Banking services are provided by OMB Bank, Member FDIC. The Purple Mastercard® Debit Card is issued by OMB Bank, Member FDIC, pursuant to license from Mastercard.

CHECKING ACCOUNT View your balance, transactions and how much money you've spent in the past month at a glance.

EARLY DIRECT DEPOSIT Get your Social Security benefits faster. Switch your SSI or SSDI direct deposit to Purple and your benefits may arrive up to 4 days early¹. Other direct deposits, like paychecks, may arrive up to 2 days early¹.

SPENDING CONTROLS Take control of your spending. Spending controls let you set daily, monthly, and category-specific limits. They put you in charge of how much you spend, when you spend it, and where.

INCOME MONITORING² Working and receiving benefits? Purple will monitor your bank account to help you stay under the SSA’s Substantial Gainful Activity (SGA) income limit.

EBT ACCOUNT Link your SNAP EBT (food stamps) card to Purple so that you can view your SNAP and EBT Cash balances in one spot. Gone are the days of dialing the number on the back of your EBT card.

MEET PURPLE COMPANION³: YOUR FINANCIAL GUIDE Navigating finances doesn’t have to be complicated. Your Purple Companion is here to simplify it. Whether you have questions about disability benefits, ABLE accounts, EBT SNAP eligibility, or anything else, get the answers you need - when you need them.

DOCUMENT STORAGE Securely store SSA notices, appointment notes, receipts and other documentation in app. View your uploads on an organized timeline for accurate record keeping. Export and share documents with ease whenever you need to.

ABLE SAVINGS (Coming Soon) The Purple ABLE Savings account is a way to save for eligible expenses and keep the benefits you rely on every day.

SMART QDE ROUTING (Coming Soon) No need to worry if your purchase is a Qualified Disability Expense (QDE). Turn on Smart QDE Routing and Purple will automatically fund a purchase from the most tax-advantaged account.

AUTO SAVE (Coming Soon) Enable Auto Save to move money from your Checking account to your ABLE Savings account at the end of the month to stay under the $2,000 asset limit.

¹ Early access is not guaranteed, depends on payer timing, and standard processing times may apply. We generally make funds available on the day we receive the payment file, which may be up to 4 days early for government benefits like SSI or SSDI, and up to 2 days early for other deposits. Early access is available at no additional cost.

² Income Monitoring is for informational purposes only and may not capture all income sources or reporting requirements. Please continue to track your income and consult the SSA for any concerns about your benefits.

³ Purple Companion is intended for informational purposes only and should not be considered legal, financial, or tax advice. Please consult a qualified professional for personalized guidance.

Coming soon features are currently in development and subject to change without notice.