How Muchis A Reload At The Register? Bankmobile Vibe

Details

Features
Deposit methods

APY	Due north/A
Fee	$2.99 per month
To waive the fee	Take qualifying deposits totaling $300 or more per statement cycle
ATMs	Over 55,000 fee-gratuitous Allpoint ATMs
ATM transaction fee	$0
Out-of-network ATM fee	$three
Overdraft fee	$0

Review past

Katia Iervasi

katia.iervasi@finder.com

Katia Iervasi is a staff author who hails from Australia and at present calls New York home. Her writing and analysis has been featured on sites similar Forbes, Best Company and Financial Counselor around the earth. Armed with a BA in Communication and a journalistic heart for detail, she navigates insurance and finance topics for Finder, so yous can splash your greenbacks smartly (and be a pro when the bailiwick pops upwardly at dinner parties).

Expert review

BankMobile's checking account is designed specifically for students. The account offers cashback rewards, admission to free ATMs around the world and a seamless style to receive school refunds. You'll as well earn upwardly to i.5% APY on balances less than $ane,000.99, otherwise yous'll earn 0.01% APY.

Simply y'all'll pay $2.99 a month if you don't brand qualifying deposits of $300 each billing bicycle.

If yous're looking for a pupil account with minimal to zero fees, you'll desire to keep looking. As ever, compare your options when choosing a checking business relationship.

To qualify for this account, you lot must be a student receiving financial aid at one of BankMobile's partner universities or colleges.

You'll become a refund selection kit from your schoolhouse, and from there you can opt to receive your refunds through the BankMobile Vibe account. The kit will walk yous through the steps for opening the account and creating a username and countersign.

If you haven't yet received a refund pick kit or personal code, here's how you can go one.

Navigate to vibeaccount.com, and select Get started.
Under the box that says Enter your personal lawmaking, select Demand a lawmaking?
Enter your schoolhouse name and email address. You lot may as well be asked to provide your school ID number.
Select Continue and provide any farther information requested, including your mailing address.
One time complete, y'all should receive your refund pick kit within vii to ten business organisation days.

Required information

The awarding will ask for the following information:

Personal and contact details
Schoolhouse and student ID
Social Security number

You'll besides need to provide identifying documents, such equally:

Your student ID
A valid regime issued-ID
Proof of your physical accost

Uninterrupted refund delivery. If you receive financial aid or other coin from your school, the bank promises you'll become it on time — every time.
Balances earn involvement. Balances less than $one,000.99 earn 1.50% APY, and whatever amount beyond that will earn 0.01% APY.
Incentive to save. Through the Passport Recognition Plan, students tin can receive deals and discounts and win cash prizes for smart money management.
Supports wire transfers. This is unusual for an online bank. Transfers received earlier 6 p.m. ET are candy the same business day.
Greenbacks back promotions. The banking company regularly offers 1% cashback rewards for shopping at participating grocery stores and gas stations. For details, get to the website.
Check-writing privileges. You lot tin can club a pack of three starter checks from BankMobile. If you want to gild a full checkbook, they'll direct you to a third-party provider.
Budgeting tools. The BankMobile app features Money Meter and Snapshot to assist you to monitor your spending habits.
Financial health assessment. BankMobile has teamed with Prudential Fiscal to help Vibe business relationship holders understand how well they're spending, planning and protecting their money and assets.

These drawbacks may sway your decision:

Monthly service fees. It costs $2.99 a month to maintain your account — but BankMobile will waive the fee each billing cycle where you have qualifying deposits of $300 or more than.
No alive conversation office. BankMobile offers no online client service in existent fourth dimension, which is unusual for an online depository financial institution. BankMobile does have a Facebook page, and Messenger states that replies typically come in within minutes.
Cash deposit fee. You may be charged upwardly to $4.95 when you load cash onto your card at participating retailers.
Expensive outgoing wires. Incoming domestic and international wires are free, but you'll pay $25 when you send a wire.
Lack of overdraft protection. BankMobile won't cake transactions that will put your account in the red.

Dip your debit card into 55,000 AllPoint ATMs effectually the earth for costless. In the U.s., the ATMs are located in major retailers, such as Target, Costco, CVS, Kroger, Walgreens and Safeway. To notice ane near you, search by ZIP code on the AllPoint website.

If you withdraw cash from an out-of-network ATM, yous'll have to pay a fee of $3. The ATM provider may charge additional fees. If you're only checking your residue, yous won't be charged a fee by BankMobile.

The maximum daily ATM withdrawal limit is $500.

Deposit or withdraw funds to and from your Vibe account in several ways.

Direct deposit. Enroll in straight eolith to transport a portion of your paycheck or regime benefits straight to your checking business relationship.
Wire transfers. Transfer and receive funds from a checking or savings account at another bank.
Internal transfers. Motion money between BankMobile accounts online or on the app.
Cash deposits. Reload your carte du jour at participating Green Dot retailers — similar Walmart — or purchase a money order and mail service information technology to:
BankMobile
P.O. Box 445
Phoenixville, PA 19460
Checks. Upload mobile checks directly on the app, or mail newspaper checks to the address to a higher place.
Cash back with merchant transactions. Some merchants offer greenbacks back at the annals for Pin-based debit card purchases. BankMobile supports this, and doesn't charge a fee.
ATM withdrawals. Admission whatsoever ATM in the AllPoint network for free. There'due south a $3 fee for using out-of-network ATMs.
Teller withdrawals. Become to a Customers Bank branch to withdraw cash. Yous may be subject area to a fee.
Western Union Direct to Bank transfer. Utilize Western Union's service to receive funds in your BankMobile account.

What happens to the account when I graduate, or if I stop receiving financial aid?
Go on your BankMobile Vibe account open for every bit long as you like.

How can I contact BankMobile?
At that place are a few ways to reach the customer service team:

Phone. To chat with a customer service agent, call 877-327-9515 from 8 a.m. to 11 p.m. ET, 7 days a week. The interactive service is bachelor 24/seven.
Email. Log into your account and select E-mail support team.
Social. Tweet @AskBMD or send a message to the BankMobile Disbursement Facebook folio. Facebook Messenger reports that messages are usually answered inside minutes, and its hours are weekdays from 8 a.m. to 5 p.1000., Saturday 9 a.m. to 11 p.m. and Sunday 12 a.g. to xi p.m. ET.
Mail. The address is:
115 Munson Street
New Haven. CT 06511

Who issues the debit card?
The BankMobile Mastercard debit carte du jour is issued past Customers Bank, which is a fellow member of the FDIC.

What are the spending limits?
You may spend upwards to $2,500 per twenty-four hour period. This can be a combination of swipe-and-sign purchases, Pin-based transactions and teller withdrawals.

However, you tin can't spend more than $500 a day in PIN-based debit card transactions — including merchant purchases and ATM withdrawals.

What do I do if I see an unauthorized transaction on my account?
Firstly, log onto the BankMobile app and temporarily turn off your menu using the Debit carte on/off switch.

And then, contact customer intendance at 877-327-9515 to report the transaction, and cancel your card if necessary.

Checking account ratings

★★★★★ — Excellent

★★★★★ — Expert

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to 5 stars based on factors that are most of import to yous. These factors include: monthly fees, the ease at which monthly fees tin be waived, the breadth of ATM access, ATM and overdraft fees, and client service.

Read the total methodology of how nosotros rate checking accounts.