---
title: "How KRAIN Delivers Accurate Owner Statements 8 Days Faster with Topkey"
description: "Learn how KRAIN cut month-end close from a full month to six hours, delivered owner statements 8 days earlier, and recovered a $5,000 lost receipt using Topkey."
canonical: "https://topkey.io/customer-stories/how-krain-delivers-accurate-owner-statements-8-days-faster-with-topkey"
language: "en"
---

[

Customers

](https://topkey.io/customers)

# How KRAIN Delivers Accurate Owner Statements 8 Days Faster with Topkey

PMS

Guesty

Accounting Software

QBO

Region

Coasta Rica

Listings

140+

The Impact

95%

Reduction in time spent on financial operations.

8 Days

Owner statements delivered to homeowners 8 days faster.

$5,000

Cash leakage recovered from one missed receipt.

> It went from a whole month-long process to maybe a six-hour process.

Danielle Young

General Manager

,

KRAIN

KRAIN is a Costa Rica-based property management company operating 140+ short-term and long-term rentals. Managing a portfolio of this size in an international market comes with a unique set of challenges. The financial tools available to most U.S.-based operators that simply weren't built with KRAIN's reality in mind. That gap meant every manual process was harder to manage, every missed receipt was harder to recover, and month-end close was a marathon the team ran every single month with no finish line in sight.

After implementing Topkey, month-end processing dropped from a full month of work to roughly six hours. Owner statements now go out eight days earlier. And cash that used to disappear is now being captured and recovered.

## **Before Topkey: A Manual Process That Couldn't Keep Up**

Before Topkey, KRAIN's accounting operation ran on patience and paper. Every expense, every receipt, and every owner statement passed through a fully manual process. One that was always one lost receipt away from falling apart.

### **Financial Workflows Were Too Manual**

Every single expense required its own individual journal entry inside Guesty. No bulk processing, no shortcuts, just one entry at a time across every property and every transaction.

Month-end close consistently pushed past the 15th deadline with no reliable way to speed it up. Before Guesty, it was even worse. Statements frequently missed the window entirely, leaving owners waiting and the team scrambling to catch up.

Danielle described the daily reality plainly: *"We were having to make individual journal entries for each expense. It was super tedious."*

### **A Receipt Workflow Built To Fail**

Field staff would make a purchase on a debit card, return with a paper receipt, write a note, and hand it off. It was a chain with too many places to break. There was no system to capture expenses in real time, no way to hold the field team accountable in the moment, and no reliable method to recover a receipt once it was gone.

When receipts went missing, the costs didn't disappear with them. They were absorbed by KRAIN, quietly eroding margins on expenses that should have been billed directly to property owners. Over time, those losses added up.

## **Finding Topkey: The Right Tool for a Non-Standard Operation**

KRAIN was actively shopping for an outsourced accounting firm when Topkey entered the picture. What started as an evaluation quickly became something more. A realization that the right software could do what outsourcing couldn't: give the team full visibility, full control, and a process they actually owned.

### **Choosing Topkey Over the Competition**

KRAIN evaluated Clearing and Ramp alongside Topkey before making a decision. The choice came down to UI, features, and a product roadmap that felt genuinely built for property management. Topkey's responsiveness to client feedback was a differentiator no enterprise competitor could match. For a tool the team would be living in every single day, how it looked and felt was not a small consideration.

For Danielle, the choice came down to something simple: *"I liked the look of your product better than Clearing and Ramp. If I have to be in there every day, I don't want it to feel clunky."*

### **Owner Statement Formats Were Non-Negotiable**

KRAIN's homeowners had just lived through a PMS migration. Another change to their statement format was not an option. Homeowners are sensitive to change, particularly when it comes to how their financials are presented. Clearing would have forced a full statement redesign. Topkey offered custom owner statements with no forced changes, protecting the homeowner experience without sacrificing the functionality the team needed.

### **QBO Continuity Was the Deciding Concern**

The team's biggest worry going in was whether switching to Topkey would break their existing QuickBooks sync flows. Losing that connection would have created an entirely new set of manual problems to replace the ones they were trying to solve. Topkey's CTO confirmed directly that any existing QBO features weren't going anywhere. That reassurance removed the last barrier to moving forward.

With the competition ruled out and QBO continuity confirmed, KRAIN was ready to move forward. The bigger question now wasn't whether Topkey was the right choice. It was whether it could actually work for an operation as non-standard as theirs.

## **The Solution: Built Around How KRAIN Actually Works**

Most software asks you to adapt to it. Topkey did the opposite. Rather than telling KRAIN their setup was too complicated, the Topkey financial technology consulting team rolled up their sleeves and built a workflow that fit KRAIN's reality. Costa Rican banking, Spanish-speaking field staff, and all.

### **A Custom Workaround for Costa Rican Banking**

Since Costa Rican bank accounts can't connect directly to Topkey, the team built a workaround from scratch. Bank screenshots are uploaded as bill pay, line items are captured automatically, and expenses are bulk pushed directly to Guesty owner statements. The same CSV that feeds owner statements is formatted and pushed into QBO for reconciliation. One source, two outputs, zero duplicate entry.

For a company operating entirely outside the U.S. banking infrastructure, this wasn't a minor convenience. It was the difference between the platform working and not working at all. What was once a month-long manual process collapsed into a single streamlined upload.

### **Topkey as the QuickBooks Bank Feed**

Transactions now arrive in QBO already coded with category, memo, receipt, and class. Fully populated with nothing left to enter manually. Pre-coded syncing eliminated the duplicate data entry that had consumed the team's time every single day.

### **Receipt Capture That Works In The Field**

Field staff now photograph receipts at the point of purchase on mobile. The paper receipt chain is gone entirely. Automatic notifications replaced the manual follow-up that used to consume management time, and the team no longer chases documentation after the fact.

Rolling out a new tool to a primarily Spanish-speaking field team required some creative thinking. Danielle took the Loom training videos that the Topkey team had created and recreated them in Spanish for her staff. The result was a low-friction rollout that got the team capturing receipts in the field immediately.

### **A CS Team That Builds Alongside You**

The Topkey financial technology consulting team co-built solutions rather than handing over a help document and walking away. Feature requests were turned around in days, not quarters. The product evolved around KRAIN's real needs, not a generic roadmap.

When Danielle wanted to sort by property under the Owner Expense section without downloading a CSV every time, she asked for it and it was built. A small request with a fast turnaround that is now part of her monthly review process every single month. For an international operator with a non-standard setup, that level of responsiveness made the difference between a successful implementation and an abandoned one.

The solution wasn't a single feature. It was a combination of smart integrations, custom workflows, and a team willing to solve for the hard stuff. With the foundation in place, the results came fast.

## **The Results: From a Month-Long Process to Six Hours**

The impact didn't take long to show up. Within months of implementing Topkey, KRAIN's month-end close looked completely different. Faster, cleaner, and for the first time, something Danielle could feel genuinely confident about.

### **95% Reduction in Time Spent on Financial Operations**

A full month of work compressed into roughly six hours. The team is no longer in reactive mode at month-end. The process is predictable, controlled, and leaves time for review before anything goes out.

Time reclaimed from manual entry is now available for higher-value work. What once required daily effort across the entire team is now handled in a fraction of the time, freeing the team to focus on the work that actually moves the business forward.

### **Owner Statements Delivered Eight Days Earlier**

Statements now go out by the 7th instead of the 15th. Every single month. Closing the books faster means more time to review before anything goes out, which means owners receive statements that are accurate, detailed, and on time.

A review window that simply didn't exist before is now a standard part of the process. Owners receive clean, accurate statements with no surprises and no after-the-fact corrections.

### **$5,000 Recovered from One Missed Receipt**

A $5,000 hardware store purchase was made by a field team member. The physical receipt was lost. But the team had already captured it in Topkey at the point of purchase. The expense was recovered in full.

*"Just being able to have the team upload the receipts in the moment, things aren't getting lost,"* Danielle noted. Without Topkey, that $5,000 would have been absorbed entirely by KRAIN. It is a window into how much was quietly slipping through before the team had a system built to catch it.

For Danielle, the biggest ROI wasn't just the time saved. As she explained, *"The fact that I can be confident it's going to get done on time and that I'll have time to review it is a huge relief."*

Time savings and recovered revenue are meaningful on their own. But the bigger shift is operational. KRAIN went from a team constantly catching up to a team fully in control. And that control starts showing up directly in the owner relationship.

## **Owner Transparency: Accuracy That Builds Trust**

Getting statements out faster is only half the story. For KRAIN's homeowners, what matters most is knowing that what's on the statement is right. With Topkey, that confidence is no longer something Danielle has to hope for. It's built into the process.

### **Statements That Go Out Right, Not Just on Time**

Books close sooner, which means time to actually review statements before they're sent. Owners receive accurate, detailed statements with no surprises and no after-the-fact corrections.

The confidence behind what goes out has changed the way the entire team approaches month-end. That confidence comes through clearly when Danielle talks about owner communications: *"We're confident in what's actually on the statement."*

### **Breezeway Integration: The Next Level of Transparency**

KRAIN is actively working toward linking Breezeway maintenance tasks directly to receipts inside Topkey. Once live, owners will be able to click into any charge and see the receipt and the maintenance task that generated it.

Full accountability in one place. What was once a guessing game for owners becomes a fully transparent, auditable record that answers questions before they are even asked.

### **Transparency as a Retention Tool**

Clearer expense documentation reduces owner disputes before they start. Owners who can see exactly what was charged and why are owners who stay.

In a market where property owners have options, better financial communication is a competitive advantage that compounds over time. Owner trust isn't built in a single statement. It's built over time, through consistency and clarity. Topkey gives KRAIN the foundation to deliver both every month without the scramble that used to define the process.

## **Looking Ahead: Infrastructure Built for Growth**

KRAIN isn't in growth mode yet and that's intentional. Danielle and her team are focused on getting every system right before scaling. Topkey is a big part of why they now feel ready to think about what growth actually looks like.

### **A Leaner Operation, a Stronger Foundation**

The team that used to spend a full month on month-end close now has capacity for higher-value work. KRAIN dropped their search for an outsourced accounting firm entirely. The in-house operation is something they are genuinely confident in.

Topkey didn't just save time. It gave the team back control of their own financial operations and shifted their entire approach from reactive to strategic. That shift changes how leadership thinks about the business and what is possible from here.

### **Scaling Without the Accounting Bottleneck**

Before Topkey, growth meant more manual work. More entries, more chasing, more risk of things slipping through. With the right financial infrastructure in place, the portfolio can grow without the operational burden growing alongside it.

When KRAIN is ready to scale, the foundation is already in place to support it. When asked about the road ahead, Danielle's answer was straightforward: *"We're confident we can do it in-house."*

For property managers who have ever felt like their accounting operation was the ceiling on their growth, KRAIN's story is proof that it doesn't have to be. The right tools don't just make today easier. They make tomorrow possible.

## **The Right Financial Infrastructure Changes Everything**

Lost receipts, late owner statements, and manual journal entries shouldn't be the cost of running a growing portfolio. KRAIN eliminated all three, and they did it without outsourcing or adding headcount. As Danielle puts it: *"It's a no-brainer.”*

[Schedule a demo](https://topkey.io/demo) to see how Topkey can do the same for you.

## More stories

[

Guesty

### How APEK Rentals Cut Month-End to under One Day with Topkey

](https://topkey.io/customer-stories/how-apek-rentals-cut-month-end-to-under-one-day-with-topkey)

[Read more](https://topkey.io/customer-stories/how-apek-rentals-cut-month-end-to-under-one-day-with-topkey)

[

Guesty

### How Otium Frees Up 100+ Hours a Month with Topkey

](https://topkey.io/customer-stories/how-otium-frees-up-100-hours-a-month-with-topkey)

[Read more](https://topkey.io/customer-stories/how-otium-frees-up-100-hours-a-month-with-topkey)

[

Guesty

### How Casago Sea Ranch & Gualala Closes Month-End in Hours

](https://topkey.io/customer-stories/how-casago-sea-ranch-gualala-closes-month-end-in-hours)

[Read more](https://topkey.io/customer-stories/how-casago-sea-ranch-gualala-closes-month-end-in-hours)

[

Streamline

### How Stay on 30a Cut Its Month-End Close from 8 Days to 2

](https://topkey.io/customer-stories/how-stay-on-30a-cut-its-month-end-close-from-8-days-to-2)

[Read more](https://topkey.io/customer-stories/how-stay-on-30a-cut-its-month-end-close-from-8-days-to-2)

[

Guesty

### How Curated Vacation Properties Saved $250K with Topkey

](https://topkey.io/customer-stories/how-curated-vacation-properties-saved-250k-with-topkey)

[Read more](https://topkey.io/customer-stories/how-curated-vacation-properties-saved-250k-with-topkey)

[

Guesty

### How Upkey Saves 100+ Hours a Month with Topkey

](https://topkey.io/customer-stories/how-upkey-saves-100-hours-a-month-with-topkey)

[Read more](https://topkey.io/customer-stories/how-upkey-saves-100-hours-a-month-with-topkey)

[

Guesty

### How River Town Rentals Spends 80% Less Time On Finances

](https://topkey.io/customer-stories/how-river-town-rentals-spends-80-less-time-on-finances)

[Read more](https://topkey.io/customer-stories/how-river-town-rentals-spends-80-less-time-on-finances)

[

Hospitable

### How Host My Home Cut Month-End Close by 5 Days

](https://topkey.io/customer-stories/how-host-my-home-cut-month-end-close-by-5-days)

[Read more](https://topkey.io/customer-stories/how-host-my-home-cut-month-end-close-by-5-days)

[

Streamline

### How Hilton Head Properties Realty & Rentals Closes Its Books 80% Faster

](https://topkey.io/customer-stories/how-hilton-head-properties-realty-rentals-closes-its-books-80-faster)

[Read more](https://topkey.io/customer-stories/how-hilton-head-properties-realty-rentals-closes-its-books-80-faster)

[

Hostaway

### How Leisr Stays Scaled to 110 Units While Cutting 36K in Yearly Costs

](https://topkey.io/customer-stories/how-leisr-stays-scaled-to-110-units-with-topkey)

[Read more](https://topkey.io/customer-stories/how-leisr-stays-scaled-to-110-units-with-topkey)

[

Streamline

### How Happy Palm Stays Scaled to 450 Units While Decreasing Financial Workload

](https://topkey.io/customer-stories/how-happy-palm-stays-scaled-to-450-units-while-decreasing-financial-workload)

[Read more](https://topkey.io/customer-stories/how-happy-palm-stays-scaled-to-450-units-while-decreasing-financial-workload)

[

Track

### How Innsbrook Vacations Saves 25+ Hours Per Month On Financial Operations

](https://topkey.io/customer-stories/how-innsbrook-vacations-saves-25-hours-per-month-on-financial-operations)

[Read more](https://topkey.io/customer-stories/how-innsbrook-vacations-saves-25-hours-per-month-on-financial-operations)

[

Guesty

### How Current Tides Reduced Accounting Time by 50%

](https://topkey.io/customer-stories/how-current-tides-reduced-accounting-time-by-50)

[Read more](https://topkey.io/customer-stories/how-current-tides-reduced-accounting-time-by-50)

[

Track

### How Host2Coast Saves $120k Annually with Topkey

](https://topkey.io/customer-stories/how-host2coast-saves-120k-annually-with-topkey)

[Read more](https://topkey.io/customer-stories/how-host2coast-saves-120k-annually-with-topkey)

[

Guesty

### How Blue Gems Eliminates Financial Guesswork to Grow with Topkey

](https://topkey.io/customer-stories/how-blue-gems-eliminates-financial-guesswork-to-grow-with-topkey)

[Read more](https://topkey.io/customer-stories/how-blue-gems-eliminates-financial-guesswork-to-grow-with-topkey)

[

Track

### How Western Property Management Closes the Books in Days Instead of 2 Weeks

](https://topkey.io/customer-stories/how-western-property-management-closes-the-books-in-days-instead-of-2-weeks)

[Read more](https://topkey.io/customer-stories/how-western-property-management-closes-the-books-in-days-instead-of-2-weeks)

[

Streamline

### How Coastal Vibe Vacations Recovered $10k in Missed Owner Expenses

](https://topkey.io/customer-stories/how-coastal-vibe-vacations-recovered-10k-in-missed-owner-expenses-with-topkey)

[Read more](https://topkey.io/customer-stories/how-coastal-vibe-vacations-recovered-10k-in-missed-owner-expenses-with-topkey)

[

Streamline

### How Elevated Tahoe Properties Saves Up to $90k per Year with Topkey

](https://topkey.io/customer-stories/how-elevated-tahoe-properties-saves-up-to-90k-per-year-with-topkey)

[Read more](https://topkey.io/customer-stories/how-elevated-tahoe-properties-saves-up-to-90k-per-year-with-topkey)

[

Streamline

### How Beachball Properties Saves 200+ Hours Per Year

](https://topkey.io/customer-stories/how-beachball-properties-saves-200-hours-per-year)

[Read more](https://topkey.io/customer-stories/how-beachball-properties-saves-200-hours-per-year)

[

Track

### How Luxury Properties Jackson Hole Cut Month-End Close to 4 Hours

](https://topkey.io/customer-stories/how-luxury-properties-jackson-hole-cut-month-end-close-to-4-hours)

[Read more](https://topkey.io/customer-stories/how-luxury-properties-jackson-hole-cut-month-end-close-to-4-hours)

[

Guesty

### How Seacoast 2 Summit Spends 75% Less Time on Finance Work

](https://topkey.io/customer-stories/how-seacoast-2-summit-spends-75-less-time-on-finance-and-admin-work)

[Read more](https://topkey.io/customer-stories/how-seacoast-2-summit-spends-75-less-time-on-finance-and-admin-work)

[

Streamline

### How Host & Home Saves 25+ Hours and $10k per Month with Topkey

](https://topkey.io/customer-stories/how-host-home-saves-25-hours-and-10k-per-month-with-topkey)

[Read more](https://topkey.io/customer-stories/how-host-home-saves-25-hours-and-10k-per-month-with-topkey)

[

LiveRez Ignite

### How Koloa Kai Vacation Rentals Supports Sustainable Growth with Topkey

](https://topkey.io/customer-stories/how-koloa-kai-vacation-rentals-supports-sustainable-growth-with-topkey)

[Read more](https://topkey.io/customer-stories/how-koloa-kai-vacation-rentals-supports-sustainable-growth-with-topkey)

[

Track

### How Lighthouse Vacation Rentals Cut Expense Management Work by 80%

](https://topkey.io/customer-stories/how-lighthouse-vacation-rentals-cut-expense-management-work-by-80)

[Read more](https://topkey.io/customer-stories/how-lighthouse-vacation-rentals-cut-expense-management-work-by-80)

[

Guesty

### How Andes STR Eliminated Receipt Chaos and Saved 20+ Hours Per Week

](https://topkey.io/customer-stories/how-andes-str-eliminated-receipt-chaos-and-saved-20-hours-per-week-with-topkey)

[Read more](https://topkey.io/customer-stories/how-andes-str-eliminated-receipt-chaos-and-saved-20-hours-per-week-with-topkey)

[

Track

### How Anna Maria Island Beach Rentals Saves 20+ Hours a Month with Topkey

](https://topkey.io/customer-stories/how-anna-maria-island-beach-rentals-saved-20-hours-a-month-with-topkey)

[Read more](https://topkey.io/customer-stories/how-anna-maria-island-beach-rentals-saved-20-hours-a-month-with-topkey)

[

Track

### How Juniper Holiday + Home Reduced Expense Reconciliation from Days to Hours

](https://topkey.io/customer-stories/how-juniper-holiday-home-reduced-expense-reconciliation-from-days-to-hours)

[Read more](https://topkey.io/customer-stories/how-juniper-holiday-home-reduced-expense-reconciliation-from-days-to-hours)

[

Guesty

### How Beachside VR Automates Financial Ops at Scale With Topkey

](https://topkey.io/customer-stories/how-beachside-vr-automates-financial-ops-at-scale-with-topkey)

[Read more](https://topkey.io/customer-stories/how-beachside-vr-automates-financial-ops-at-scale-with-topkey)

[

Guesty

### How Scenic Stays Achieved Real-Time Financial Visibility with Topkey

](https://topkey.io/customer-stories/how-scenic-stays-achieved-real-time-financial-visibility-with-topkey)

[Read more](https://topkey.io/customer-stories/how-scenic-stays-achieved-real-time-financial-visibility-with-topkey)

[

Streamline

### How Rent Branson Scaled to 350 Units without Adding Finance Headcount

](https://topkey.io/customer-stories/how-rent-branson-scaled-to-350-units-without-adding-finance-headcount)

[Read more](https://topkey.io/customer-stories/how-rent-branson-scaled-to-350-units-without-adding-finance-headcount)

[

Guesty

### How Grand Welcome of Orange Beach Automates Bookkeeping Work

](https://topkey.io/customer-stories/how-grand-welcome-of-orange-beach-automates-bookkeeping-work)

[Read more](https://topkey.io/customer-stories/how-grand-welcome-of-orange-beach-automates-bookkeeping-work)

[

Streamline

### How JZ Vacation Rentals Saved 15-20 Hours a Week with Topkey's Breezeway Integration

](https://topkey.io/customer-stories/jz-vacation-rentals-topkey)

[Read more](https://topkey.io/customer-stories/jz-vacation-rentals-topkey)

[

Guesty

### How VillaStay Recovers $19k Annually with Topkey

](https://topkey.io/customer-stories/how-villastay-recovers-19k-annually-with-topkey)

[Read more](https://topkey.io/customer-stories/how-villastay-recovers-19k-annually-with-topkey)

[

Streamline

### How Safiri Homes Reduced Accounting Time by 80%

](https://topkey.io/customer-stories/how-safiri-homes-reduced-accounting-time-by-80)

[Read more](https://topkey.io/customer-stories/how-safiri-homes-reduced-accounting-time-by-80)

[

Streamline

### How ERB Properties Saves $14k per Year with Expense Management Automation

](https://topkey.io/customer-stories/how-erb-properties-saves-14k-per-year-with-expense-management-automation)

[Read more](https://topkey.io/customer-stories/how-erb-properties-saves-14k-per-year-with-expense-management-automation)

[

Guesty

### How Traverse Hospitality's Accounting Firm Delivers More Value with Topkey

](https://topkey.io/customer-stories/how-traverse-hospitalitys-accounting-firm-delivers-more-value-with-topkey)

[Read more](https://topkey.io/customer-stories/how-traverse-hospitalitys-accounting-firm-delivers-more-value-with-topkey)

[

Streamline

### How My Ocean Rental Freed Up 20+ Hours Weekly During Busy Season

](https://topkey.io/customer-stories/how-my-ocean-rental-freed-up-20-hours-weekly-during-busy-season)

[Read more](https://topkey.io/customer-stories/how-my-ocean-rental-freed-up-20-hours-weekly-during-busy-season)

[

Guesty

### How Red Cottage Frees Up Two Days of Monthly Leadership Time with Topkey

](https://topkey.io/customer-stories/how-red-cottage-frees-up-two-days-of-monthly-leadership-time-with-topkey)

[Read more](https://topkey.io/customer-stories/how-red-cottage-frees-up-two-days-of-monthly-leadership-time-with-topkey)

[

Streamline

### How Elevated Homes Grew 67% while Cutting Accounting Costs by 25%

](https://topkey.io/customer-stories/how-elevated-homes-grew-67-while-cutting-accounting-costs-by-25)

[Read more](https://topkey.io/customer-stories/how-elevated-homes-grew-67-while-cutting-accounting-costs-by-25)

[

Streamline

### How Arrived Recouped $250k in Expenses with Topkey

](https://topkey.io/customer-stories/how-arrived-recouped-250k-in-expenses-with-topkey)

[Read more](https://topkey.io/customer-stories/how-arrived-recouped-250k-in-expenses-with-topkey)

[

Streamline

### How Solely Beachfront Eliminated Expense Leakage with Topkey

](https://topkey.io/customer-stories/how-solely-beachfront-eliminated-expense-leakage-with-topkey)

[Read more](https://topkey.io/customer-stories/how-solely-beachfront-eliminated-expense-leakage-with-topkey)

[

Guesty

### How Anchor Point Premier Vacations Removed Financial Fear with Topkey

](https://topkey.io/customer-stories/how-anchor-point-premier-vacations-removed-financial-fear-with-topkey)

[Read more](https://topkey.io/customer-stories/how-anchor-point-premier-vacations-removed-financial-fear-with-topkey)

[

OwnerRez

### How HeavenlyRez Removed 10 Hours of Manual Spreadsheet Work per Week

](https://topkey.io/customer-stories/how-heavenlyrez-removed-10-hours-manual-spreadsheet-work-per-week)

[Read more](https://topkey.io/customer-stories/how-heavenlyrez-removed-10-hours-manual-spreadsheet-work-per-week)

[

Hostaway

### How Hostwise Increased Profit Margin with Topkey

](https://topkey.io/customer-stories/how-hostwise-increased-profit-margin-with-topkey)

[Read more](https://topkey.io/customer-stories/how-hostwise-increased-profit-margin-with-topkey)

## Disclosures

\*Topkey 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 Topkey Visa debit 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. The Topkey Visa 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.

Accounts are eligible for pass-through deposit insurance only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. There may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.

\*\*Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program. Pass-through insurance coverage is subject to conditions.

1 | The interest rate on the High Yield Deposit Account will be 2.93% with an Annual Percentage Yield (APY) of 2.97%. The interest rate on the Regular Deposit Account will be 1.52% with an Annual Percentage Yield (APY) of 1.53%. These rates are effective as of 9/17/26. These are variable rates and are subject to change after the accounts are opened based on the Federal Funds Rate. Minimum opening deposit and average balance requirements may apply. Fees could affect earnings on the account.

Topkey does not provide tax, legal, or accounting services. All information on this site is for educational purposes only.
