Step Product Disclosures
̍ Step Visa Card is designed to help build positive credit history. Positive history is reported on and related only to your Step Visa card activity, subject to your account remaining in good standing, to Transunion®, Experian®, and/or Equifax®. Step users can build credit history for up to two years before turning 18. We do not have control over your credit scores generated by the credit bureaus. Even when we report positive credit history on your Step Visa card, your overall credit history and scores, as built by the credit bureaus, may be impacted by your financial activity outside of your Step Visa card (including any other Step loan products or other external activity).
͆ Average based on analysis conducted by TransUnion of 594 Step users ages 21-27 who experienced a positive increase in their credit score within a 360 day period beginning from the first instance of Step reporting to the credit bureau. The 57-point figure is the average among those users whose scores increased; it is not an average across all Step users. Individual results vary — users may see a larger increase, a smaller increase, no change, or a decrease. Step does not control credit scores generated by the credit bureaus.
̾ Your Step account is not an interest bearing product. The savings percentage is not interest, but instead earned as cash rewards funded by Step. The rewards, if calculated as an APY, would be 3.00%. This percentage is variable and may change over time. See terms for more detail. Requires Step Black status. Step Black is an earned status available at no cost. To qualify, receive at least $300 in qualifying direct deposits within a monthly period, or make at least $500 in card spend within a monthly period. See the Step app for full terms and eligibility.
̾̾ The national average rate referenced is from FDIC's published national average savings rate, accurate as of March 4th, 2026. See the FDIC website for more information: https://www.fdic.gov/resources/bankers/national-rates
˖ The rewards program is not offered by or affiliated with Evolve Bank & Trust. It is fully managed by Step. See terms here.
˖˖ 10% cashback on purchases with select Step Black Partners, and unlimited 1% cashback on everything else. Requires Step Black status. Step Black is an earned status available at no cost. New users receive a limited preview upon joining. Full status is earned by receiving at least $300 in qualifying direct deposits within a monthly period, or making at least $500 in card spend within a monthly period. See the Step app for full terms and eligibility.
ʱ Step Black is an earned status available at no cost. To qualify, receive at least $300 in qualifying direct deposits from a payroll provider or employer within a monthly period, or make at least $500 in card spend within a monthly period. Status is evaluated monthly. We may offer promotions for new or existing customers from time to time. See the Step app for full terms and eligibility.
* Step is a financial technology company, not a bank. Banking services provided by Evolve Bank & Trust, Member FDIC. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. The Step Visa Card is issued by Evolve Bank & Trust pursuant to a license from Visa U.S.A., Inc. Visa is a registered trademark of Visa International Service Association.
** Visa’s Zero Liability policy does not apply to certain commercial card and anonymous prepaid card transactions or transactions not processed by Visa. Cardholders must use care in protecting their card and notify their issuing financial institution immediately of any unauthorized use. Contact Step for more detail.
*** The FDIC provides deposit insurance to protect your money in the event of a bank failure. Your deposits are automatically insured to at least $250,000 at each FDIC-insured bank. The standard maximum coverage is $250,000, unless otherwise agreed by Evolve in its sole discretion in limited circumstances, such as for eligible Step Black users, who are eligible up to $1,000,000. A Program Bank is a bank partner of Evolve that holds your deposits in an account opened at the bank on your behalf by Evolve. Evolve maintains the first $250,000 of your deposits, and all funds in excess of $250,000 are deposited on your behalf with one or more Program Banks, subject to the terms of the Bank Deposit Custodial Program here. Deposits to certain Program Banks designated as Priority Banks will be eligible for Federal Deposit Insurance Corporation (FDIC) insurance up to a total of $250,000 or such other greater amount (Insurance Eligibility Limit) as disclosed to you by Evolve. End users are able to opt out of Program Banks at their discretion, however, FDIC insurance may be reduced or forfeited.
͑ Ability to earn $500+ in the form of credits on purchases or statement credits for purchases with select Step Black partners, as will be advertised. Step does not provide, endorse, or guarantee any third-party product, service, information or recommendation listed above. The third parties listed are solely responsible for their products and services, and all trademarks listed are the property of their respective owners. Step Black status may be required.
̊ Early access to direct deposit funds depends on the timing of the submission of the payment file from your payer. While not guaranteed, Step generally makes these funds available on the day the payment is received, which may be up to 2 days earlier than the scheduled payment date.
ˆ A): Investment Products: May lose value | Not FDIC Insured B): Investing and advisory services for the purchasing and selling of stocks (including certain ETFs) are provided by Step Advisers LLC, a SEC-Registered Investment Adviser (“Step Advisers“). Investment accounts are held by DriveWealth, LLC, a member of the Financial Industry Regulatory Authority (FINRA) . We provide investment advisory services by making non-discretionary recommendations on a client's investment outlook. We do not manage client funds or hold custody of assets. The information presented herein is for educational purposes only and does not constitute investment advice or an offer to buy or sell any security, investment or other product. C): Securities (stock and ETF) services powered by Drivewealth, LLC. Your assets are custodied by Drivewealth, LLC, not Step, and is insured by the Securities Investor Protection Corporation (SIPC), up to $500,000 (including $250,000 for claims for cash). Your stock account is not FDIC insured. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Past performance, historical returns, future projections, and statistical forecasts are no guarantee of future returns or future performance. While we believe the information presented here to be accurate, we do not guarantee its accuracy or completeness. Any examples are hypothetical and for illustrative purposes only. Hyperlinks to third-party content are intended to provide additional perspective and should not be construed as an endorsement of any services, products, guidance, individuals or points of view outside Step.com. See additional risk disclosures here: https://step.com/policies/securities-risk-disclosures
͂ Based on a Harris Poll survey conducted with Zillow, published January 2024, in which 36% of Gen Z renters and 49% of Millennial renters reported being very confident they know their credit score. See: https://www.stagwellglobal.com/what-the-data-say-only-36-of-gen-z-and-49-of-millennials-are-confident-they-know-their-credit-score/
͌ Based on Motley Fool Money's 2026 Financial Stress, Anxiety, and Mental Health Survey, published May 2026, in which 56% of Gen Z respondents reported not having enough saved to cover one month of expenses. See: https://www.fool.com/money/banks/articles/56-of-gen-z-and-50-of-millennials-dont-have-a-1-month-emergency-fund-heres-where-to-start/
͛ See here for more information: https://www.cnbc.com/2015/05/05/credit-invisible-26-million-have-no-credit-score.html
֕ Average point difference based on analysis conducted by TransUnion (TU) based on the national average of users ages 17-20 within the TU database and 3006 Step users within that age group. Step users with only Step trade line on their credit report were considered as part of this analysis.
֠ 721 is the median credit score at the time trade was first reported to Transunion for Step consumers ages 17-99. Only those consumers who had 1) only a Step trade and 2) a score available at trade first report date and a score post 30 days, 90 days, 180 days, 270 days and 360 days available for analysis are included.
† Testimonials reflect individual experiences and are not guarantees of future results. Results vary based on individual spending habits, account activity, and other factors. Testimonials may have been edited for length and clarity.
‡ Referral amounts are subject to change.
˅ This website contains affiliate links. If you click on a link and make a purchase, we may earn a commission at no extra cost to you. We only recommend products and services we believe will add value to our visitors. Our opinions are our own, and we strive to provide accurate information.
͚ The information provided is for general informational purposes only and is not intended to be, and should not be construed as, tax advice. Step is not a tax advisor and does not provide tax, accounting, or legal advice. You should consult a qualified tax professional regarding your individual tax situation and any questions you have about your tax obligations or the tax consequences of any actions you take. Nothing here creates a professional-client relationship between you and Step.
༛ If you find an error in the tax preparation that entitles you to a larger refund (or smaller liability), we will refund any fees you paid us to use our service to prepare that return and you may use our service to amend your return at no additional charge. To qualify, the larger refund or smaller tax liability must not be due to differences or inaccuracies in data supplied by you, your choice not to claim a deduction or credit, positions taken on your return that are contrary to law, or changes in federal or state tax laws.
༜ If our tax preparation software makes a mathematical error that results in your payment of a penalty and/or interest to the IRS that you would otherwise not have been required to pay, April will reimburse you up to a maximum of $10,000.
Step EarlyPay
‵ Pay us back when you get paid or in 2 weeks, whichever is earlier.
˟ The availability and amount of Step EarlyPay loans are subject to your eligibility and creditworthiness. Minimum Step EarlyPay loan amount is $20, and maximum amount is $250.
̌ Not everyone will qualify. Must be 18 years or older. To be eligible for loans over $100 a minimum qualifying direct deposit to your Step account is required. Offer can go up with on-time payments.
‶ Instant Transfers are optional and available for a fee. They typically occur in seconds, but may take up to 30 minutes. There’s no fee to receive your Step EarlyPay loan by ACH transfer to your Step Account.
‷ Step does not charge you any fee to receive your Step EarlyPay to your Step Account in up to three business days. You may choose to receive your loan instantly by Instant Transfer, for a fee.
֒ Not all users will qualify.