BankMobile is a no-fee mobile banking app that offers free checking and savings accounts without any fees.
The BankMobile app is available for iOS and Android, and you can even access the BankMobile online banking app from your tablet or computer.
About BankMobile Mobile Banking
BankMobile offers a Totally Free Checking Account, a High Yield Savings Account, a Line of Credit, and No-Fee Overdraft Protection.
There are absolutely no fees for these accounts, and you’ll earn higher interest rates than other top brick-and-mortar banks.
BankMobile makes banking simple, as you can simply snap a photo to upload your driver’s license, deposit checks, and pay bills.
You’ll receive access to over 55,000 surcharge free ATMs nationwide to get money whenever you need it.
BankMobile even allows you to pay anyone that you want with P2P Payments by using their cell phone number or email address.
BankMobile Totally Free Checking Account
- No minimum balance requirement.
- No direct deposit requirements.
- No debit card transaction requirements.
- No monthly fees.
- No per check charges.
- No overdraft fees.
- No transfer fees.
- No late payment fees.
- No fees period.
- Free Remote Check Deposit and Picture Bill Pay.
- Free personal banker to answer any of your questions.
- Free P2P Payments – Pay anyone using their email address or phone number.
- Free 55,000 ATMs across the country.
- Free Financial Education and Friendly Support.
- Free Online Banking with many of the same capabilities as their mobile and tablet apps.
- Free Text Alerts for Debit Card transactions, deposits, and low balance notifications.
- Free Check balances without logging in, or login fast using a 4-digit PIN.
- Free Lock or unlock your Debit Card for security in a single swipe.
- Member FDIC.
BankMobile High Yield Savings Account
BankMobile offers a free savings account with high interest rates.
There are no fees for this savings account.
BankMobile No Fee Overdraft Protection
BankMobile will not charge you an overdraft fee, but they still provide you with fee-free overdraft protection.
You simply connect your checking account with your savings account or line of credit, and you’ll be protected against your card being declined or your checks bouncing due to insufficient funds.
They will not charge you a fee to transfer your money.
BankMobile Line of Credit
You can use your BankMobile personal line of credit when you’re a little short on cash or to help avoid a bounced check or debit card denial.
The line of credit application is free.
Bank Mobile will not charge you a fee, even if you make a late payment.
The line of credit is subject to credit approval.
BankMobile College Ambassador Program
If you are a college student who wants to be a brand ambassador for BankMobile, you can gain real world experience in marketing and business.
You’ll also have the opportunity to get paid and win cool prizes.
Additionally, the top ambassador will receive a guaranteed internship with BankMobile.
Check out BankMobile for a free online banking service with no-fee checking and savings accounts.
You may also consider Capital One 360 for more free online bank accounts.