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T-Mobile creates T-Mobile Money with no minimum, no fee checking

Techstination feature for Tuesday, April 30, 2019

Techstination, your destination for gadgets and gear.   I’m Fred Fishkin.     T-Mobile wants to be more than your mobile phone company.    Not only is it branching out into home TV service…it is jumping into banking as well with T-Mobile Money.   T-Mobile’s Director of Marketing for Financial Services Tiffany Minor says the idea was to take some of the pain points out of personal checking…

“And so we created a no fee, no minimums, checking account paying 4 percent interest up to three thousand dollars and 1 percent thereafter for the everyday checking account and with an ATM network bigger than B of A, Chase or Wells.”

Through a partnership with Bank Mobile.  To get the higher interest rate, you do need to be a T-Mobile phone subscriber.   There’s more info at www.T-MobileMoney.com.

You can find us at Techstination.com.   I’m Fred Fishkin.

Categories: Mobile Devices | Online