No, you cannot use your Spend Card for personal, family, or household expenses. You also may not use your Spend Card to make purchases at your own business, to make ATM cash withdrawals, or to fund cash transfers (e.g. PayPal, Venmo, etc.).
Additionally, you cannot use your card at certain types of merchants. Below are the prohibited merchant categories:
- Bitcoin and cryptocurrencies
- Securities brokers/dealers
- Dating and escort Services
- Massage parlors
- Betting/track/casino/lotto
- Non-financial institution money orders
- Wire transfer money order
- Government-owned or lotteries
- Government-licensed or other online casinos (including online gambling)
- Government-licensed or other horse/dog racing
- Colleges, junior colleges, universities, and professional schools
- Elementary and secondary schools
- Political organizations
- Religious organizations
- Civic/social/fraternal organizations
- Charitable organizations
- Bail and bond payments
- Gun and ammunition shops
- Direct marketing - Outbound telephone
Please note that your card cannot be used for transactions with foreign currency.
Parafin is a financial technology company, not a bank. Spend Cards are issued by Column N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc., and are powered by Marqeta. Approval is not guaranteed and is subject to checks. Terms and conditions apply.