Card/Payments/Bonuses
Do donation payments have to be claimed when filing taxes?
Although compensation earned from donating plasma is considered taxable, Parachute does not provide members with a 1099 form. For guidance on the proper way to report this, we recommend speaking to your tax advisor.
Do you report donation payments to the IRS?
We do not report your donation payments to the IRS. Although compensation earned from donating plasma is taxable, Parachute does not provide members with a 1099 form. For guidance on the proper way to report this, we recommend speaking to your tax ...
Do I get paid by the volume of plasma collected?
At Parachute, compensation is not based on donation volume. Our top priority is your safety. The amount of plasma we collect is determined by your weight and height, which gives us a very accurate understanding of your total blood volume. This means ...
How do time incentives work?
Time incentives are $1-$14 bonuses for scheduling a donation when our centers are less busy. These higher value appointments are marked in the app. In order to receive your time incentive bonus you would need to arrive and check in for your ...
How soon will I be paid?
Your donation payment will be loaded onto your card as soon as you complete your donation.
Can I use the card on Venmo, PayPal, Cash App?
Unfortunately, the card will not work with peer-to-peer payment platforms like Venmo, PayPal, or Cash App.
How can I use the Parachute Visa card for online purchases?
You would use the card by entering the 16-digit number when purchasing. If you are asked for a zip code, you will need to use the zip code provided to your donor center when registering, just like any other online purchase.
Can my employer deposit my paychecks onto the Parachute Visa card?
Unfortunately, no. This is not a feature that our card can support. The only way to receive funds on our Parachute Visa card would be through donation payments at Parachute.
How do I check my card balance?
You can view your card balance by tapping on the ‘Wallet’ icon in the navigation bar. Your card balance will be displayed on the top right corner of the card image. Please note that due to delays in merchant processing times, there may be a ...
How do I get paid?
When you come in for your first visit you’ll receive a Parachute Visa card, which has ATM access and can be used as a debit card. All donation payments will be automatically loaded onto this card each time you donate and can be tracked through the ...
How much can I earn for a donation after the new member bonus?
Members can earn between $25 - $40 as their donation base payment. As you donate more often your base payment will increase. Our app offers multiple ways to boost your earnings through challenges, referrals, and time incentive bonuses—bonuses for ...
How much will I earn in my first three visits?
As a new member, you’ll earn a $25 bonus (”First Donation Bonus”) on your 1st donation and a $60 bonus (”Welcome Offer”) on your 3rd donation. Total bonus value = $85 or earn up to $200 on your first 3 donations.
Why didn’t I get my Time Incentive?
Our centers use Time Incentives to help balance the number of donors checking in at the same time so if you check in outside of that time window, you will forfeit your time incentive.
I'm having issues activating my card.
For assistance activating your card, please call (844) 948-2062 and follow the automated prompts.
I received a message saying I referred someone, but no one is listed under my referrals. Why?
The text message that you received was letting you know that you shared your referral link. This does not necessarily mean that the person you referred used the link when they signed up. While we cannot retroactively connect two accounts, we offer ...
I am having trouble setting/resetting my PIN.
For assistance with your PIN, please call (844) 948-2062 and follow the automated prompts.
How will I receive my referral bonus?
The way our referrals program works is that any earned referral bonuses will be automatically added to your next donation total. They are not issued as separate, standalone payments. If you are deferred, you would have to wait until the next time you ...
Will I receive a $10 bonus each time my referral levels up?
No, you will receive the $10 bonus the first time your referral reaches a new level. For example, if your referral reaches Level 3, drops down to Level 2, and reaches Level 3 a second time, you would only receive a bonus for that first level up. The ...
How do I refer someone to Join Parachute?
To refer someone, tap the ‘Home’ icon in the app menu and scroll down to the module that says ‘Refer. Sign Up. Level Up.’ Then tap the ‘Share Link’ button to share your link via text, e-mail, social media, etc. Important: Your referral must open your ...
What are referrals?
Referrals are a way for you to help save lives while earning rewards. When you refer a friend to Parachute through the app, they'll get a $5 bonus upon completing their first donation, and you'll get $10 added to your next donation total. You'll ...
Does the Parachute card have a PIN?
Yes, your card does have a PIN. When you first receive your card, you’ll be prompted to set your PIN within the Parachute app. You are also able to reset the PIN of an active card in the Wallet section of the app. If you need any assistance resetting ...
Birthday Bonus FAQ
Q: Do I get anything extra for my birthday? A: At Parachute we love to celebrate birthdays with our donors! If you complete a successful donation on your birthday, we will add a $5 Birthday Bonus to your paycard within 2 business days. Q: What if I ...