1. Signing up
It’s free, make sure you have all of your organization’s information handy; EIN, Legal Entity Name, and Business Address.
2. Depositing funds
When you deposit funds into your Crowded from an existing bank account, transfer through ACH instead of by wire transfer or check for no fees.
3. Creating Collections
When you create a collection, make sure to select the option “have payers absorb processing costs.” This will have your supporters/members covering the fee so your organization doesn’t incur any.
4. Creating Debit Cards
Create unlimited virtual debit cards for free for your members. There are no costs associated with creating a virtual debit card or using it to spend (within the US). Your organization can spend your funds as you wish! Virtual cards are also much less prone to fraud, and loss.
5. Avoiding Charges
Avoid spending through ACH or check and use a digital debit card instead. Sending an ACH or check comes with a fee (check our fee schedule for the updated feed). If you need to make a transaction of more than $5k, issue multiple virtual debit cards to make a transaction in $5k batches.
6. Withdrawing Cash
If you need to withdraw cash, do so at any Allpoint Network ATM, located around the country for free.
7. Earning Free Donations
Sign up for Crowded Rewards and earn free donations for your nonprofit! Its a shop-to-give cashback program at 100,000 merchants such as Walmart, Nike, any other brand you can think of. Cashback is split 50-50 between the person spending and your organization.