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Onyx Membership Plan Schedule of Fees

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Onyx Membership Plan Schedule of Fees

Last Updated: May 22th, 2023

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Onyx offers two different Membership Plans (“Plan”or “Plans”): Basic and Premium. The different benefits of Plans can be viewed by visiting the following link: https://www.onyxprivate.com/onyx-membership .We encourage you to carefully assess the membership options before committing to the Premium membership plan.

Fees are required to maintain priority support and services. All fee amounts will be withdrawn from your Account and will be assessed as long as your Account is open, except where prohibited by law.

  • Basic Membership Fee: $0 
  • Premium Membership Fee: $480 annually; or $50/month with an annual commitment (You commit to pay the Premium Membership Fee for 12 consecutive months after sign up). By subscribing to the Onyx Premium Membership Plan, you acknowledge and agree that you are not eligible for a refund if you choose to cancel or downgrade your Plan during their subscription term. 


Plan Upgrade

You may upgrade your Plan from Basic to Premium at any time. To do so, you can:

  • do it yourself by clicking your account > Plan > Upgrade  
  • ask our support team through the Onyx App 
  • Send and email to support@onyxprivate.com 

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Plan Cancellation or Downgrade

You can end or downgrade your Premium Plan at any time. However, you may have to pay a fee. You'll still be able to benefit from the services you get for your subscription until the end of the month you have paid a subscription for. After then, you'll be subject to the Basic Plan features.
If you are an Onyx Premium Annual Plan member and decides to downgrade or cancel your Plan, we will put an order to cancel your membership at the end of the 12-month period and won’t renew in the following year, however we don’t give refunds for annual payments.

If you are an Onyx Premium Monthly Plan member and decides to downgrade or cancel your Plan within the first 6 months, a cancellation fee of $250 will be applied. If you are an Onyx Premium Monthly Plan member and decides to downgrade or cancel your Plan after the first 6 months, a cancellation fee of $100 will be applied.
By opting for the Premium Membership Plan, you accept the features, benefits, and pricing associated with it and expressly waive their right to request a refund. This waiver remains valid throughout the entirety of your Premium membership term, irrespective of any changes in your personal or financial circumstances.
If you'd like to downgrade or cancel your Onyx Membership Plan, you can let us know by sending a message:

  • to our support team through the Onyx App 
  • by email to support@onyxprivate.com

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Consumer Deposit Agreement

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Onyx Rewards Program Agreement

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Consumer Debit Cardholder Agreement

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Consent Electronic Disclosures

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Onyx Membership Plan Schedule of Fees

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1. Onyx is a financial technology company and is not a bank—banking services provided by Piermont Bank; Member FDIC. Deposits are insured to the maximum amounts permissible by law. Visit https://edie.fdic.gov/indes.html to learn more. The Onyx Visa® Debit Card is issued by Piermont Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
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2. The interest rate on your checking account is 1.46%, with an APY of 1.47%. Your interest rate and annual percentage yield are variable and subject to change based on the target range of the Federal Funds Rate. Fees could reduce earnings.
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3. Onyx is not an investment adviser. However, we've partnered with Helium Advisors LLC (“Helium”), an SEC-registered investment adviser, to bring you investing features. Helium provides all investment advisory services. We are not affiliated with Helium, but w receive compensation as a percentage of assets managed by Helium for promoting Helium’s investment advisory services. Investing involves risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. Helium accounts are not bank-guaranteed or FDIC-insured. View Full Disclosures

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