Tangem Pay Now Takes ACH and FedWire Bank Top-Ups

Tangem Pay accounts can now be funded by bank transfer from the US, not only by crypto deposit. Each payment account gets its own US virtual account details, and money sent there arrives as USDC on Polygon.

The two rails differ in cost and speed. ACH batches transfers and settles them on scheduled runs: Tangem lists a flat $1 fee and 1 to 3 business days. FedWire settles each transfer individually in real time, costs $11 flat, and usually lands the same business day. Both convert 1:1 once the transfer clears, and the fee comes off before conversion — so $1,001 sent by ACH becomes 1,000 USDC, while the same 1,000 USDC costs $1,011 by FedWire.

Once it arrives, a bank-funded balance behaves like any other: spendable on the card, movable into Yield Mode, swappable into another asset.

The fee only applies on Basic. On Plus — $29.99 a month, waived at $4,500 of monthly spend or $65,000 in Yield Mode — both rails are free, leaving the sender's own bank as the only thing still charging. Plus also halves the ATM withdrawal rate to 2%. For someone topping up by bank every month the gap compounds: a $1,000 monthly ACH deposit alone runs $12 a year on Basic and nothing on Plus.

What this does not do is move money out. Tangem's documentation is explicit that bank withdrawals are planned but not yet supported, so a balance built through ACH or FedWire still has to leave through the card, a swap, or a transfer to the Tangem Wallet. It is a funding rail, not an offramp.

Two conditions decide whether the option appears at all. Eligibility follows the country on the KYC record rather than the IP address, and the rails are US-only — a SWIFT transfer sent to those virtual account details is returned to the sender rather than credited.

Sources: Tangem: Top Up Tangem Pay from your bank, Tangem funding, withdrawals and fees, Tangem Pay product page, X trigger.