The BankMobile Vibe Checking Account has been built to be the right account for you, not the right-now account for you.
The BankMobile Vibe Checking Account is only available to eligible students attending our partner colleges and universities.
Use the interactive chart below to see how the BankMobile Vibe Checking Account compares to the other institutions!
1 Allpoint ATM location, availability, and hours of operation may vary by merchant and is subject to change.
2 Funds from payroll-related direct deposits may be made available up to two days early. Early access to payroll deposits applies to the direct deposit of funds from your employer. Employer direct deposits vary and, as a result, it is not possible to guarantee early access to your pay. Factors that will affect this include the sender’s deposit description used and the timing of their submission of deposit. In order to provide this service, we generally post such deposits on the business day we receive notice that the deposit is scheduled, which may be up to two (2) business days earlier than the payer’s scheduled payment date. In general, benefit checks (direct deposit or otherwise) from the federal or state government will not be eligible for early access based on the parameters we use. As an example, benefits that generally would not receive early access include but are not limited to unemployment, retirement, pension, civil service, railroad retirement and veteran’s payments.
Data is current as of 1/5/2024.
© 2024 BMTX, Inc., a wholly owned subsidiary of BM Technologies, Inc. All Rights Reserved. BankMobile banking products and banking services are provided by First Carolina Bank, Member FDIC & Equal Housing Lender.
Wells Fargo Bank of America BankMobile Vibe Checking Everyday Checking Monthly service fee Account name Options to waive monthly service fee$6 ($12, Effective 3/17/2024) monthly service fee OR $0 Monthly Service Fee up to the graduation date provided at account opening (5 years maximum) OR $0 monthly service fee when you have any one of the following each monthly statement period 6 :
1 The Monthly Service Fee is $2.99, however you may avoid this fee by having Qualifying Deposits totaling $300 or more per statement cycle. Qualifying Deposits include direct deposit, transfers from external bank accounts, check deposits, point-of-sale deposits and cash deposits such as those made via Green Dot® Reload @ the Register™. Financial aid refunds or other refunds issued by your school, interest earned on your account, promotional credits, such as cash back rewards, internal account transfers, fee waivers, fee credits, returned items or dispute credits are not eligible toward the $300 total deposits.
2 BankMobile Vibe Checking Account holders who make Qualifying Deposits totaling $300 or more per statement cycle, will qualify for interest on their BankMobile Vibe Checking Account. Qualifying Deposits include direct deposit, transfers from external bank accounts, check deposits, point of sale deposits and cash deposits such as those made via Green Dot® Reload @ the Register™. Financial aid refunds or other refunds issued by your school, interest earned on your account, promotional credits such as cash back rewards, internal account transfers, fee waivers, fee credits, returned items or dispute credits are not eligible toward the $300 in total deposits. Annual Percentage Yield (APY) accurate as of 11/9/2022. An interest rate of 0.50 % will be paid for average daily balances up to $1,000.99 with an APY of 0.50 %. An interest rate of 0.01% will be paid only on the portion of the average daily balance that is greater than $1,000.99 resulting in an APY range of 0.50 % to 0.06 %, depending on the balance in the account, assuming a maximum average daily balance of $10,000.00. Interest rates and APY are variable and may change at our discretion at any time without notice. Fees may reduce earnings. A withdrawal from your account will reduce earnings. For more information see the BankMobile Vibe Checking Account Fee Schedule and Interest Rate Information and Terms and Conditions.
3 Wells Fargo Everyday Checking: A qualifying electronic deposit is a deposit of funds, such as your salary, government benefit payment, or other income, that has posted to your account and is (1) a direct deposit made through the Automated Clearing House (ACH) network, (2) an instant payment processed through the RTP® network (real-time payment system) or FedNowSM Service, or (3) an electronic credit from a third party service that facilitates payments to your debit card using the Visa® or Mastercard® network (e.g. an Original Credit Transaction). Transfers from one account to another, mobile deposits, Zelle®, or deposits made at a branch or ATM are not considered a qualifying electronic deposit.
4 When the primary account owner reaches the age of 25, age can no longer be used to avoid the monthly service fee.
5 Only available at participating schools.
6 Chase College Checking account Service Fee: There is no Monthly Service Fee up to the graduation date provided at account opening (five years maximum). Students must be 17-24 years old to open a Chase College Checking account and must provide school name, and expected graduation date at account opening; a valid student ID or proof of enrollment/acceptance may also be required. The Monthly Service Fee after expected graduation date is $6 or $0 when you do at least one of the following each statement period: Option #1: Have an electronic deposit made into this account, such as a payment from payroll providers or government benefit providers, by using (i) the ACH network, (ii) the Real Time Payment or FedNow℠ network, or (iii) third party services that facilitate payment to your debit card using the Visa® or Mastercard® network; OR, Option #2: Keep an average ending day balance of $5,000 or more in your checking account. New and converted accounts will not be charged a Monthly Service Fee for at least the first two statement periods. After that the Monthly Service Fee will apply unless you meet one of the ways to avoid the Monthly Service Fee each statement period (if applicable).
7 Fee waiver only applies for the first 4 checking accounts. Visit the Preferred Rewards page for a list of no-fee banking services.
Data collected is current as of 1/5/2024.
© 2024 BMTX, Inc., a wholly owned subsidiary of BM Technologies, Inc. All Rights Reserved. BankMobile banking products and banking services are provided by First Carolina Bank, Member FDIC & Equal Housing Lender.
