Switch vs Keystone

Switch is the ultimate all-in-one payment app designed for you and your friends. Whether you’re splitting rent, planning a group trip, or organizing a charity event, Switch makes managing money together easy and hassle-free. Join over 100,000 college students and 1,000 Greek organizations who trust Switch to simplify their money and make something happen. Key Features Shared Bank Accounts & Debit Cards: - Create shared bank accounts with friends. - Instantly issue virtual and physical VISA debit cards to anyone. - Set spending limits, receive real-time notifications, and freeze or unfreeze cards with a tap. MoneyPools for Group Collections: - Easily collect money as a group with MoneyPools. - See who paid and who hasn’t in real-time. - Set collection goals, send out text blasts, and track contributions in real-time. - Enjoy seamless contributions via Apple Pay—no app download required for participants. - Perfect for events, weekend trips, rent, dinners and more. No Hidden Fees: - Enjoy a fee-free experience with no per-member, overdraft, account creation, or minimum balance fees. - Access 42,000+ fee-free ATMs at popular locations like Target, 7-Eleven, Walgreens, and more. - Transfer payments into Switch by bank (free), debit (1%), or credit (3%). Cash Back Rewards & Exclusive Perks: - Earn cash back rewards and enjoy exclusive offers at hundreds of retailers. Create business accounts for fraternities, sororities, and clubs - Create an account in less than two minutes. - Create spending accounts for every committee: social, brotherhood/sisterhood, meals, etc, each with their own permissions and controls. - Collect money faster with MoneyPools for philanthropies, dues, social events, formals, and merch drops. - Integrate with QuickBooks to simplify budgeting and accounting tasks. - Transfer account to new leadership super fast. Switch is the only free, organized way to manage group money—making it easier than ever to move money your way. Download Switch today and join the movement toward smarter, simpler financial management! ___________ PRIVACY AND SAFETY are our top priority. We're the most secure and HIPAA, SOC 2, & GDPR-ready chat out there. Regarding payments, we use Transport Layer Security (TLS) bank-grade encryption using 256-bit keys to keep your money safe. *Switch is a financial technology company and is not a bank. Banking services are provided by Thread Bank, Member FDIC. The Switch Visa Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions. Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the term and conditions of the sweep program at https://thread.bank/sweep-disclosure and a list of program banks at https://thread.bank/program-banks. Please contact customerservice@thread.bank with questions regarding the sweep program. Pass-through insurance coverage is subject to conditions.

Tired of chasing receipts and managing reimbursement requests through messy spreadsheets and chat threads? Keystone brings clarity and control to your group's finances. Perfect for student clubs, project teams, small businesses, and even roommates, Keystone simplifies everything from budget planning to final payment. Stop managing finances and start leading. With Keystone, you can spend less time on paperwork and more time on what matters. Key Features: FLEXIBLE HIERARCHICAL BUDGETS: Create main budgets for your organization and allow leaders to create nested sub-categories for their specific committees or events. Track spending in real-time at every level to ensure you never go over budget. PRECISE, ROLE-BASED PERMISSIONS: Delegate with confidence by inviting members as Admins (full control), Reviewers (manage specific budgets), or Submitters (submit expenses). You can grant a Reviewer control over a single category, and they will automatically have the same permissions for all of its sub-categories. CUSTOMIZABLE APPROVAL WORKFLOWS: Design a clear approval chain that fits your team's structure. Automatically route an expense from a team member to their manager for a first look, then to the treasurer for final sign-off. Admins always retain the power to override decisions for ultimate control. FRICTIONLESS GUEST SUBMISSIONS: Need a reimbursement from a guest speaker or a one-time contractor? Send them a secure, shareable link to submit their expenses and receipts. No app download or account creation is required on their part. COMPLETE AUDIT TRAIL: Never wonder about the status of a payment again. A crucial, immutable history shows every approval, note, and status change for each expense, providing a vital tool for accountability. AI-POWERED RECEIPT SCANNING: Snap a photo of a receipt, and let Keystone's AI automatically extract line-item details and totals. This minimizes manual data entry and saves everyone time. Download Keystone today and bring sanity to your shared expenses!