T-Mobile Launches Checking Accounts
T-Mobile is now offering its own branded checking accounts as a new offering called T-Mobile Money. The accounts bear no monthly, overdraft or transfer fees, and no ATM fees. Accounts earn 4% interest on the first $3,000. The product is digital-only and mobile-first, accessed primarily through a phone app. The debit card is compatible with Google Pay, Apple Pay, and Samsung Pay, although customers receive a physical debit card as well. It supports direct deposit, mobile deposit, bill payment, and customers can send checks. The product is created and operated by BankMobile, a division of Customers Bank (Member FDIC). BankMobile has over 2 million customers, mostly college students using a similar product offered in partnership with over 800 colleges and universities.
Nov 29, 2018
T-Mobile has rolled out a digital banking service called T-Mobile Money. T-Mobile says T-Mobile Money is available to T-Mobile customers as well as non-customers.
Jun 22, 2018
YouTube is expanding the features offered to its top creators in an effort to help them put their fan base to use. First, it is adding Channel Memberships.
Nov 14, 2016
Samsung today announced the pending launch of Samsung Rewards, a loyalty program for its Samsung Pay mobile payment service. Moving forward, people who sign up for Samsung Rewards will be able to earn points with Samsung when they use Samsung Pay to pay for goods and services.
Jun 18, 2019
Facebook today announced Libra, a new digital currency that aims to combine the best features of other cryptocurrencies in order to be more consumer-friendly. The currency will be administered by the Libra Association, a new non-for-profit based in Geneva.