Payments are automatically withdrawn from your linked bank account at the end of each day. It can take 3–5 days to settle payments and reset your limit if you use a non-Nav bank account.
If you use Nav Business Checking, repayments are processed instantly, ensuring your updated daily limit is available the next day.
Nav Technologies, Inc. is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC Insurance available for funds on deposit through Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. The Nav Prime charge card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. See Cardholder Terms for additional details. All other features of the Nav Prime membership are not associated with Thread Bank.