What is T? T-Mobile MONEY is an online banking service that offers no account fees, no overdraft fees, and no minimum balances. It allows users to get their paychecks early with direct deposit, make payments and transfers without fees, and withdraw cash at over 55,000 no-fee Allpoint® ATMs. The app also offers industry-leading interest rates on checking and savings balances, personalized debit cards, and the ability to deposit checks on your phone or add cash at select merchants.
- No account fees, no overdraft fees, and no minimum balances
- Direct deposit to receive your paycheck up to 2 days sooner
- Earn 1.50% Annual Percentage Yield (APY) on all checking and savings account balances
- Send instant payments to other MONEY customers without fees
- Withdraw cash at 55k no-fee AllPoint® ATMs
- Make purchases with a personalized debit card or enable Apple Pay for mobile payments
- Deposit checks on your phone or add cash at select merchants (third-party fees may apply)
- Pay bills: pay by check or set up recurring transfers
- Talk to T-Mobile MONEY specialists every day of the year, with help available in Spanish
- Anyone can apply, not just T-Mobile wireless customers
- Stay connected to your money with transaction and balance notifications
- Easily transfer money to and from your external accounts
- Temporarily disable your debit card from your phone or browser if lost or stolen
- Prevent unauthorized account access with multi-factor authentication and biometric login
- Accounts are FDIC-insured up to $250,000
- Zero Liability Protection from Mastercard® for protection against fraud.
this app-Mobile MONEY is the online banking service that puts you and your money first! There are no account fees, no overdraft fees, and no minimum balances. Get your paycheck early with direct deposit⁺, make payments and transfers without fees, and withdraw cash at over 55,000 no-fee Allpoint® ATMs.^ Download the app today and start banking better with this app-Mobile MONEY! • No credit checks. No account or overdraft fees. No minimum balances. • Payday comes earlier! Set up direct deposit to receive your paycheck up to 2 days sooner⁺ • Earn industry-leading interest on checking and savings balances • Send instant payments to other MONEY customers without fees • Withdraw cash at 55k no-fee AllPoint® ATMs^ • Make purchases with a personalized debit card, or enable Apple Pay for mobile payments • Deposit checks on your phone or add cash at select merchants (third-party fees may apply) • Pay bills: pay by check or set up recurring transfers • Talk to this app-Mobile MONEY specialists every day of the year. Y ayuda también disponible en español. • Not just for this app-Mobile wireless customers, anyone can apply! this app-Mobile MONEY is a banking service powered by BMTX. Accounts provided by Customers Bank, Member FDIC. All Rights Reserved. YOUR MONEY WORKS HARDER Everyone earns 1.50% Annual Percentage Yield (APY)* on all checking and savings account balances. Plus, qualifying customers who register for perks and make at least 10 qualifying transactions per month can earn 4.00% APY* on checking account balances up to $3,000 and 1.50% APY after that. SAFE & SECURE Stay connected to your money with transaction and balance notifications. Easily transfer money to and from your external accounts. Temporarily disable your debit card from your phone or browser if lost or stolen. Prevent unauthorized account access with multi-factor authentication and with biometric login. Accounts are FDIC-insured up to $250,000. Plus, with Zero Liability Protection from Mastercard® you’re protected when fraud occurs. ^The location, availability, and hours of operation of Allpoint® ATMs may vary by merchant and is subject to change. ⁺Subject to description and timing of the employer payroll-based direct deposit, we typically make funds available the business day received, which may be up to 2 days earlier than scheduled. *How APY works: Checking account customers earn 4.00% annual percentage yield (APY) on balances up to and including $3,000 in your Checking account per month when: 1) you are enrolled in a qualifying wireless plan; 2) you have registered for perks with your this app-Mobile ID; and 3) at least 10 qualifying transactions using your this app-Mobile MONEY card and/or instant payment to friends have posted to your Checking account before the last business day of the month. Qualifying transactions posting on or after the last business day of the month count toward the next month’s qualifying transactions. The first time you fund your account, as an additional added value, you will receive 4.00% APY on balances up to and including $3,000 in the statement cycle in which you make your first deposit of greater than $1, as well as in the cycle that follows that deposit provided all other requirements are met. These added value benefits are subject to change. Balances above $3,000 in the Checking account earn 1.50% APY. The APY for this tier will range from 4.00% to 3.00% depending on the balance in the account (calculation based on a $5,000 average daily balance). Customers who do not qualify for the 4.00% APY will earn 1.50% APY on all Checking account balances for any month(s) in which they do not meet the requirements listed above. Savings account customers earn 1.50% (APY) on all Savings account balances per month. You must have a this app-Mobile MONEY Checking account that is in good standing and funded to open a Savings account. APYs are accurate as of 7/15/22 but may change at any time at our discretion. Fees may reduce earnings. For details see Terms and Conditions or FAQs.
By Yera Vargas
I started my account with this app-mobile money a little over a 1 week ago with $3000. I got $3.22 on interest today, 02-01. This is wayyyyy more of what I get with my other checking account that I have with my other bank. this app-mobile money is paying 1% on the $3.22 interest I got today 😱!! . I am planning on keep depositing $200 each month, so I can meet that requirements and keep getting my 4% on my $3000, and 1% on anything over it. I know everybody’s situation is different, but this works well for us. This is money that I don’this app really need, so I am no going to use it. There are banks out there that will give you bonuses for opening checking account with them. Some require a direct deposit, a minimum per month to avoid paying maintenance fees, and the account need to stay open for some time or you will have to pay a penalty for closing your account early. There are many ways to make extra money, but you need to do your homework and do some research first.
By Davidjess22
They have not even tested their own app functions before releasing them on unsuspecting account holders to which they have fiduciary duty. I just now attempted 40 times to set an automatic recurring house payment where each date was rejected for being a weekend whether I changed the year, month, or day. They need to test the app and lighten up on the validation—make sure they have thought about each possible situation before blocking a transaction setting. A banking app is not allowed to have a fatal flaw, because it affects your finances and your life. The app warns you to deposit money the same day to bring your balance over $0, and asks if you are doing it now, but then provides no function to do that. All deposit methods given take several days to post. Good things: Smooth processes otherwise. Nice to have your banking in an app without having to register separately. $10 per month interest if you have this app-Mobile service and keep $3000 deposited. this app-Mobile also lets you have freebies in the this app-Mobile Tuesday’s program. 0% interest on phones. And flat-rate unlimited data plans. A great Invitation to have a buffer. Not only do you get charged no over-draft fees, but also you rarely overdraft at all, because when you accept the invitation to have a buffer (or reservoir, or reserve), and keep $3000 in the account (or any smaller or larger amount), then you rarely have any accidental overdrafts.
By Batmansdad37
Do you like your bank, or at the very least, tolerate them? Especially with their novel size book of fees, high interest rates and very little return on YOUR money that they use to make windfall profits... Well, I’m here to give you some examples of my experience with this app-Money. $50 protection overcharge security with no penalty! My other bank charged $35 for an overdraft and the customer service was far less than stellar. I also receive the 4% return on my account up to $4000. And when I had a mixup with one of my mobile deposits, the staff was kind, courteous and genuinely helpful in resolving it. These are just but a few perks I’ve received and appreciated since switching over. Because of the attentiveness they provided, I tell my family and friends every chance I get to switch over and enjoy their money instead of their fee/interest hungry banks that they currently do business with. Keep up the great work this app-Money...