Wisconsin earned wage access bonds.
$500 flat.
Wisconsin requires a licensed earned wage access services provider to file a $25,000 surety bond with the Department of Financial Institutions' Division of Banking before offering earned wage access in the state. Ours is $500 flat, and the price you see is the checkout price.
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How much does a Wisconsin earned wage access bond cost?
$500 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
An NMLS license bond is one of the simpler filings in surety once the paperwork is in front of you. Here's the entire process:
Apply online
Business details, ownership, and an effective date — the same information your NMLS license record already carries.
Pay & e-sign
Bonds like this are among the thousands of bond types that issue right after purchase. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
File through NMLS
Your executed bond and power of attorney arrive by email, ready to upload to your NMLS license record for the Division of Banking. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Wisconsin licenses earned wage access services providers — companies that let workers access wages they've already earned before the regular payday — through the Department of Financial Institutions' Division of Banking, using the Nationwide Multistate Licensing System (NMLS). A provider may not offer earned wage access in Wisconsin, even from outside the state, without holding that license.
Licensure is conditioned on a $25,000 surety bond running in favor of the State of Wisconsin for the benefit of any person damaged by a violation of the earned wage access chapter, and separately in favor of any such damaged person directly. It's a three-party arrangement: you (the principal), the surety carrier, and the state (the obligee), protecting workers and other harmed parties.
It is not insurance for you — if the surety pays a claim, you repay the surety, and the surety's liability is capped at the $25,000 bond amount and limited to actual damages, not punitive damages. The bond must stay in force for as long as the license is active, so we track it and notify you 60 and 30 days out to keep the filing continuous.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $25,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File through NMLS. Your executed bond and power of attorney arrive by email, ready to upload to your NMLS license record for the Division of Banking. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $500 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued fast.
These are the actual issuing fields — including the credit-consent authorization the application collects.
Start the application →Common questions.
Other Wisconsin bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Get your DFI license bond filed today.
$500 flat, soft pull only, bond often issued in the same sitting. Free until issued.