BEWARE huge red flags with this app
I opened an account in 2020 when my daughter was born thinking this would be an easy way for friends and family to send money directly to her brokerage account. It wasn’t. There’s no way for an adult to send money without opening an account for THEMSELVES first or they could wire it but most banks have a $30-40 wire charge.
I set up a $100 monthly auto investment for my daughter and largely forgot about it for a while. I’d log on now and then and would see the balance increasing so I thought everything was fine. One time it said the Plaid connection with my bank was broken and needed refreshed so I connected it and it withdrew HUNDREDS of dollars from my bank BY ITSELF. Apparently they had been crediting her account $100/month *without* withdrawing it from my bank so when the bank connection was reestablished the backlog of transactions were pushed through. HUGE HUGE HUGE RED FLAG PEOPLE. So I decided to withdraw her money and just use something I feel safer about like E*Trade. THE WITHDRAW BUTTON DIDN'T WORK. I had to open multiple support tickets and over a week for it to work and get the money out. It literally felt like a scam like FTX or MtGox where the withdraw buttons just stopped working. HUGE HUGE RED FLAG. I wouldn’t trust this place to be a custodian of any meaningful amount of money, you’ve been warned.
I set up a $100 monthly auto investment for my daughter and largely forgot about it for a while. I’d log on now and then and would see the balance increasing so I thought everything was fine. One time it said the Plaid connection with my bank was broken and needed refreshed so I connected it and it withdrew HUNDREDS of dollars from my bank BY ITSELF. Apparently they had been crediting her account $100/month *without* withdrawing it from my bank so when the bank connection was reestablished the backlog of transactions were pushed through. HUGE HUGE HUGE RED FLAG PEOPLE. So I decided to withdraw her money and just use something I feel safer about like E*Trade. THE WITHDRAW BUTTON DIDN'T WORK. I had to open multiple support tickets and over a week for it to work and get the money out. It literally felt like a scam like FTX or MtGox where the withdraw buttons just stopped working. HUGE HUGE RED FLAG. I wouldn’t trust this place to be a custodian of any meaningful amount of money, you’ve been warned.
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Bad Communication and No Customer Support
I enjoyed the app for a short time but no longer needed it. Now that I need to close my account the support is horrendously slow to nonexistent. I’ve reached out through several methods to get this resolved. I’ve been trying to do this since 2022. I just want to close my account. I supported this company. I even told a few friends but after this I looked them up on BBB to find out they are not accredited and have a D rating. Let me warn my friends before signing up.
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This is great
I’m just a kid and I have not used a lot of money because of this I highly recommend using this company for another company. This company has earned me so much and I only spent like a couple hundred and now I have thousands Use this company no other companies Will earn you this much
Makes unauthorized withdrawal from your checking. Will not return your.
I have used this app for a little over a year. Their primary issue is money movement. It takes longer than it should to move money from your checking to Flyte and back. I decided to withdrawal funds from Flyte and send to my checking. Instead, Flyte withdrew money from my checking. They have not returned it. They did not credit my Flyte account with the money they withdrew from checking. Their customer service reps respond every other day. You cannot speak to anyone by phone. They apologize. They promise to fix this but nothing has been done for 15 days.
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Wont close my account out
This service refuses to close out an account I don’t use and they have seemingly lost the money they were transferring into my account… Say it with me folks… it’s a SCAM
Update: it baffles me Apple let’s this app stay on the App Store
I now see why it’s taking 2 months to close an account out the Dev is too busy responding to people on the App Store they can’t check internal messages from multiple chat requests to close out my account it’s actually unbelievable, not to mention my transfer is somewhere in limbo since they claim they’ve sent it to my account…. Please do yourself a favor and DO NOT DO BUSINESS WITH THIS JOKE OF A TRADING COMPANY
Update: it baffles me Apple let’s this app stay on the App Store
I now see why it’s taking 2 months to close an account out the Dev is too busy responding to people on the App Store they can’t check internal messages from multiple chat requests to close out my account it’s actually unbelievable, not to mention my transfer is somewhere in limbo since they claim they’ve sent it to my account…. Please do yourself a favor and DO NOT DO BUSINESS WITH THIS JOKE OF A TRADING COMPANY
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