Not an April Fool's joke: T-Mobile offers checking accounts

  T-Mobile Money T-Mobile

Weeks, after Apple introduced its credit service, T-Mobile is expanding its national banking service. Called T-Mobile Money, the Uncarrier check service offers the benefits to its subscribers who are worth looking at.

T-Mobile offers a four percent Annual Percentage Yield (APY) with zero fees for up to $ 3,000. Any money over it will have a percentage APY.

There is a catch though. Customers must sign up with their T-Mobile ID and deposit at least $ 200 in their account each month to take advantage of all the money they have to offer.

One of the added benefits of keeping to minimum deposit is the ability to use the service has got your call back protection back. With that, customers can spend up to $ 50 off-balance without fear of incurring fees.

Backing T-Mobile Money is BankMobile. As a customer's bank sharing, when you sign up for an account, you will be sent a MasterCard debit card. Customers can use this to make everyday purchases and withdraw money from Allpoint ATMs found worldwide.

As with other banking options, T-Mobile Money offers a mobile app for Android and iOS. With it, customers can transfer money, make mobile deposits and more. In addition, the service is compatible with digital wallets, so the card works with Google Pay, Samsung Pay and Apple Pay.

Anyone 18 years or older in the US can sign up for T-Mobile Money through the service app. You can download the Android version by clicking the button below. T-Mobile plans to extend money to more regions such as Puerto Rico later this year.

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