To access Payhawk credit cards, you need to become a Payhawk customer. You must go through our compliance and contracting processes to become a customer. If you’re looking to submit an emergency credit card application, please contact us at email@example.com
Payhawk credit cards come with zero interest rates but a fixed payment term of 30 days, subject to standard credit checks. If the balance is not cleared in full by the relevant payment due date, Payhawk may begin to accrue late payment fees on the outstanding balance.
When contacting us, specify the credit amount and currency you want. Then submit a few financial documents to initiate the underwriting process. Once our teams successfully evaluate your application, we’ll contact you with the outcome.
Existing Payhawk customers and SVB customers will benefit from fast-tracked applications.
Your money is protected by a process known as safeguarding, which is a regulatory requirement for all EMIs. Under this process, all e-money balances must be segregated from all other cash balances. These segregated balances are held with a safeguarding bank and are routinely reconciled to ensure that the sum of all issued e-money balances is the same as the sum of cash held by the bank in the segregated account.
Payhawk is not a bank; we simply partner with them in order to enable you to control spend and manage your capital. As such, we can offer diversification across multiple financial institutions, which is traditionally challenging for offline banks to achieve.