We know, it's a little weird! But no worries. That $0.01 credit to your checking account is only to validate your debit card and associate it with your connected checking account. Think of it as us knocking on the door to your account and making sure somebody is home.
If you'd like access to Instant Floats, you'll have to connect your debit card number which allows FloatMe to send you them in a matter of minutes.