Re:LineageOS 24.0
by phillc73 on Sunday October 11, 2026 @12:30PM
(#50044978)
That’s right. Wise works with partner banks. However, their accounts are still covered by up to $250k of FDIC insurance.
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Re:LineageOS 24.0
by kevin_thibedeau on Sunday October 11, 2026 @02:12PM
(#50046056)
Insurance against collapse of the bank. FDIC doesn't insure against fraud because you expanded your trust relationship across multiple third parties with credentials to access your account.