Yes, you can automatically maintain a minimum balance in your AngelList Funding Accounts by using the Auto-Refill feature. This ensures funds are available for immediate investments and reduces delays from manual ACH transfers or wires.
How to Enable Auto-Refill:
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- Go to your Funding Accounts page.
- Ensure that an ACH bank account is already linked. If not, click “Add Bank Account” and follow the steps to link one.
- Select “Turn on Auto-Refill.”
- Select your U.S. bank account with ACH capabilities, input a minimum balance, and select “Apply Auto-Refill Settings.”
- When your balance falls below this threshold, AngelList will automatically initiate an ACH transfer to restore it.
Important Considerations:
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- Pending Transfers & Refill Logic – Auto-Refill only transfers the amount needed to bring your balance back to the Minimum Balance. If a pending ACH transfer is already in progress, another one won’t be triggered.
- ACH Reversals & Fees – Transfers may be reversed if there aren’t enough funds in your linked account, your bank declines the transaction, or if there’s suspected fraud. In these cases, a fee may apply.
- Turning Off Auto-Refill – You can disable Auto-Refill anytime from your Funding Accounts settings. Just note that if a transfer is already scheduled, it will still go through unless canceled at least three business days before the scheduled transfer date.
Note: Auto-Refill is only available for U.S. bank accounts with ACH capabilities and cannot be used with other payment methods.