The application is typically finished quickly, and most applicants should receive a decision within a few minutes of completing the application. Some applicants may be asked for additional information that requires an additional 2-3 business days of processing time.
Once you've been approved, the virtual card is ready for immediate use. If you choose to order a physical card, one should arrive within 8-11 business days.
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.