Found Review 2026

The Found Free tier has no monthly maintenance fee, no minimum balance, no overdraft fees, and unlimited free ACH transfers. You get a physical and virtual Mastercard business debit card at no cost. Incoming domestic wires are free.

The fees that do apply are transactional. Instant payments you send cost 1.75% of the amount, with a $0.50 minimum. Express transfers (next business day) cost 1% capped at $25. Outgoing domestic wires cost $15, or $10 if you pay for the Pro plan. Cash deposits cost a flat $2.00 each. If you accept card payments from clients through Found's built-in Stripe integration, the processing fee is 2.9%.

There is a $10 dormancy fee if your account sits unused for 12 consecutive months. That is easy to forget about if you open an account and do not use it right away.

We signed up in under five minutes. Found asks for your name, email, phone number, SSN, and business type. No credit check is required. The account was active the same day, and we received routing and account numbers immediately.

The physical debit card arrived in about seven business days. Virtual card details were available instantly, which meant we could start making purchases and linking the account to payment apps the same afternoon.

You can fund your Found account via ACH transfer, direct deposit, mobile check deposit, cash deposit at retail locations, or incoming wire. Direct deposits can arrive up to two days early, though that is not guaranteed.

The limits are tighter than traditional banks. Check deposits are capped at $3,000 per week. Cash deposits max out at $2,000 per week and $4,000 per rolling 30 days. ATM withdrawals are limited to $550 per day, and debit card purchases are capped at $5,000 per day. You can request increases, but approval is not automatic.

Found does not support Zelle. You can send payments to recipients via phone number or email, but they need to claim the payment within seven days or it is returned.

The Mastercard business debit card works anywhere Mastercard is accepted. Found Plus and Pro subscribers can issue team cards with spend controls, which is a nice touch for contractors or a virtual assistant.

The app also supports tap-to-pay for in-person payments from clients, powered by Stripe. This eliminates the need for a separate Square or Stripe terminal if you do occasional in-person work. The 2.9% processing fee is standard for card-present transactions through Stripe.

This is where Found earns its reputation. Every transaction is automatically categorized into IRS-recognized expense categories. You can create custom rules to route recurring vendors into the right bucket. The app generates profit-and-loss statements, expense reports, and auto-fills Schedule C data.

For taxes specifically, Found estimates your quarterly self-employment tax and sets aside money into a dedicated pocket. Found Plus users ($35 a month or $315 a year) can pay quarterly federal taxes directly from the app, and Found generates 1099-NEC forms for contractors you pay through the platform. If you have historically been surprised by your tax bill, this feature alone may justify opening an account.

The iOS app rates 4.8 stars and the Android app rates 4.6. The interface is clean, and most tasks take two or three taps. Several Android users report a recurring bug where biometric login fails and the app will not load, which is a real problem when you need to check your balance quickly.

Phone support is available Monday through Friday, 8am to 5pm Pacific. No weekend or evening hours. Found Plus and Pro subscribers get priority support. The critical issue: if your account is frozen, phone support is not available. You are limited to email. Multiple BBB complaints describe waiting weeks for a response during a freeze. For a tool that holds your operating cash, that is a serious gap.

Found is not a bank. It is a software company. As of September 25, 2026, the money in your Found account sits at Lead Bank, a state bank in Missouri and a member of the FDIC. We read the bank name in the small print on its home page and checked the bank's regulator on FDIC BankFind.

That setup matters in two ways. FDIC insurance pays out when a bank fails. It does not pay out when Found fails, freezes your account or closes it. The cover is also pass-through insurance. It reaches you only if the records that show which dollars are yours are kept right, as the FDIC explains in its guide to banking with third-party apps.

Those records have failed before. Synapse, a firm that linked several finance apps to their banks, went bankrupt in April 2024. The banks held $60 million to $90 million less than its records showed, and many customers waited weeks or months for their money, according to the CFPB. That was a different company, but Found rests on the same split between app and bank.

Closure and freeze stories about apps like Found read the same way. Work through these steps in order.