T-Mobile MONEY is a new, exclusively mobile bank of the operator



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T-Mobile offers many services. In addition to its primary wireless service, Un-Carrier also offers data plans for your car, digital parenting tools to monitor the use of your family's gadgets, and more. The latest T-Mobile offer is now … a bank?

Yes. It's called T-Mobile MONEY, and it's a current mobile account that you can sign up for right away. T-Mobile subscribers and non-T-Mobile subscribers can register, but if you use TMO for your wireless phone service, an APY of 4.00% on your account will be offered to you if you perform a deposit of at least $ 200 / month. This is good for balances of up to $ 3000, with anything that exceeds this 1.00% gain (the same rate that non-T-Mobile users will earn on their total balance).

T-Mobile MONEY has no overdraft, account, maintenance or minimum balance charges. You can use more than 55,000 Allpoint ABMs for free, and T-Mobile's wireless T-Mobile Got Your Back feature gives you $ 50 overdraft protection. T-Mobile MONEY also supports Google Pay, Samsung Pay and Apple Pay and includes a physical debit card with an EMV chip.

Giving even more money to a mobile operator might not seem like an ideal situation for many who read this. It is worth mentioning that T-Mobile has not only created its own banking solution. It's actually a BankMobile service that T-Mobile has essentially customized with its own user interface and branding. BankMobile has an A + rating from the Better Business Bureau, so do it the way you want.

What is your opinion on T-Mobile MONEY? Is this something you would consider joining? Let us know in the comments below.

Learn more about T-Mobile MONEY

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