Roommate expenses, without the spreadsheet.
Use one dedicated Pool for utilities, groceries, household supplies, and other shared expenses. Collect contributions, set access, and pay from one place.
A dedicated place for shared money
Turn financial chaos into organized collaboration. Invite collaborators, assign spending roles, and manage money the right way.
Collect money
You keep what you collect. Pool does not take a percentage or charge fees to collect money.
Spend seamlessly from across your Pools
Nothing extra to track. Simply spend directly out of the Pool with virtual and physical debit cards.
Granular control over who’s able to spend
Use our membership tools to set limits on who can spend and manage debit card access.
How does Pool work?
It's the simplest way to manage money as a roommate group.
Get StartedSeparate rent from the rest of the household budget
Use a separate Pool for rent, then keep the rest of the household budget organized without mixing it into personal spending.
Handle utilities, groceries, and shared supplies
Set aside a clear place for utilities, groceries, supplies, and the other costs of sharing a home.
Decide who can contribute or spend
Give the right roommates access to contribute or spend, based on what the household needs.
Keep a record of household expenses and payments
See contributions and spending in one place instead of piecing together separate transfers and receipts.
Safety first
Our system is designed with a security-first mindset, and we work hard to keep your money safe and personal data protected.
Pool partners with First Internet Bank, Member FDIC, and Pool accounts are eligible for FDIC insurance up to $250,000 per depositor, per ownership category.*
Answers to your questions
Does Pool charge fees?
Pool does not have mandatory monthly fees or minimum balance requirements. It’s free to start a Pool, invite people, fund your Pool and use virtual and physical debit cards. Pool charges transaction-based fees for certain types of opt-in transactions such as Instant Transfers. All transaction-based fees will be clearly labeled, and our Customer Support team is happy to answer any questions about fees.
How does Pool make money?
Pool makes money in a few different ways. First, we charge a transaction fee for certain types of premium transactions like Instant Transfers. Second, we collect a small fee from merchants whenever the Pool Visa debit card is used. The debit card is free for Pool’s customers, and this fee is called an “interchange fee”. It’s paid by merchants in the Visa network, not by Pool customers.
Is Pool a bank? Are my funds FDIC-insured?
Pool is a financial technology company, not a bank. All banking services are provided by First Internet Bank, Member FDIC. At Pool, the ability to protect your funds and transact safely are top priorities. Earning your trust is important to us, and as a company we invest a lot of time, effort, and spend into keeping your money safe every day. Your deposits are held at our partner bank, First Internet Bank, Member FDIC. Funds deposited into Pool accounts are insured up to $250,000 per depositor by the FDIC, provided requirements for pass-through insurance coverage are met. Your share of funds in your Pools are maintained at First Internet Bank in a manner intended to qualify for this insurance protection. We partner with an FDIC-insured institution to ensure your funds are safe. Our Customer Support team is happy to answer any questions related to safety or FDIC Insurance.
How can I get in touch?
You can email our team at hello@poolmoney.com. We would love to hear from you!
How is Pool different from other payments and splitting apps (Venmo, Cash App, Splitwise, PayPal, etc.)?
Pool offers a full financial account that can support multiple users who have shared access to funds (if you allow it). That’s the big difference. Instead of “sending money” or “splitting a transaction,” Pool operates with the core principle that money should be shared. You won’t need to catalog transactions, or collect money every time your rent is due. Instead, you can add multiple users who all have access to the same account. Fund your Pool, invite your members, and manage your money together. Pool is great for ongoing relationships and ongoing transactions—living together, extended family expenses, schools, HOAs, caregivers, and on and on. Finally, Pool allows you to set rules and permissions for how your Pool operates. You can add Spenders and Viewers to your Pool, depending on the access you want to allow. Give debit card access, if you want. Every shared financial relationship is different, and we want to enable you to set yours up in your own way.