This page contains important disclosures about the Solid Card, banking services, and the Solid DeFi protocol. It is referenced from solid.xyz and from within the Solid app.

Solid is a financial technology company and is not a bank. Banking services are provided by SSB, Member FDIC. Customer funds are deposited at SSB in one or more custodial accounts established for the benefit of customers. Funds on deposit at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, for each ownership category, subject to applicable limitations and aggregation rules. Pass-through FDIC insurance coverage applies only to the extent permitted by FDIC regulations and only if the applicable requirements for pass-through coverage are satisfied, including proper account titling and recordkeeping. FDIC insurance protects against the failure of SSB. It does not protect against the failure of Solid and does not cover non-deposit products.

The Solid Card is provided by Issuer pursuant to a license from Visa. Any credit issued by the Solid DeFi protocol is subject to its separate terms and conditions. Issuer is not a party to any agreement with the Solid DeFi protocol and is not responsible for any loan or credit arrangement between user and the Solid DeFi protocol.

The Solid Card is a Visa credit card issued by Rain. It is separate from Solid's savings, yield, and borrowing features, which are provided through the Solid DeFi protocol and not by the card issuer.

Savings, yield, and borrowing features are provided through the Solid DeFi protocol. Rates are variable, are not guaranteed, and are not FDIC insured. Digital assets held through the Solid DeFi protocol are not deposits and are not covered by FDIC insurance.