How Lump works
Lump turns a single deposit into a stream of guaranteed daily payments. Choose how much you want to receive each day, pick a duration, fund it once, and watch it arrive every morning.
How much can I receive each day?
Between $5 and $300 per day, in $5 increments.
How long can a Lump last?
From 3 to 30 days. You choose the start date and the duration.
When are deposits delivered?
Every morning before 8 AM ET, until your Lump is complete.
Can I send deposits to someone else?
Yes. Just tell us which Interac email address to send the deposits to — it doesn't have to be your own.
What if Autodeposit is not enabled on the recipient email?
Each Lump gets a unique 5-digit Lump code. Daily deposits use the Interac security question "Enter your Lump code" and that code as the answer. Your "Your Lump has been funded" email includes both.
How can I fund my Lump?
Through Interac e-Transfer (no Lump fee), cards and mobile wallets such as Visa, Mastercard, Google Pay, and Apple Pay (15% Lump fee), or Klarna and Afterpay (20% Lump fee).
Can I cancel a Lump?
Yes. You can cancel any time and receive your unused funds back without penalties.
Is Lump regulated?
Yes. Lump Financial Services is registered with FINTRAC, Canada's Financial Intelligence Unit.