Here’s the criteria I used to determine the best fintech banks:
- Earn at least 1.6% APY on their checking/cash account
- Unlimited ATM fee reimbursements (or something close)
- Must have a physical debit card
- Must allow you to withdraw and deposit cash
- Ideally, connects with a budgeting platform, such as Mint or YNAB
- No requirement to open a second account (as a contingency), in order to access the potentially superior account.
FinTech Bank Accounts that are mentioned:
- SoFi Money:
- Betterment Checking / Cash Reserve:
- Wealthfront Cash Account:
- M1 Spend Checking Account:
- Robinhood Cash Management:
- Simple Online Checking Account:
- Varo Bank Account:
#FinTech #FinTechBank #FinTechApp
DISCLOSURE: I am not a financial advisor. The ideas presented are personal opinions and for entertainment purposes only. You are responsible for the financial decisions that you make.
0 Comments