T-Mobile MONEY: Better Banking

T-Mobile USA

About this app

T-Mobile MONEY puts you & your money first, with no account or overdraft fees, high-yield interest & exclusive partner offers. Get your paycheck early with direct deposit* and withdraw cash at 55k+ no-fee Allpoint® ATMs.^ Download the app & start banking better today!

• No account or overdraft fees. No minimum balances.
• Set up direct deposit to receive your paycheck up to 2 days sooner⁺
• Earn industry-leading interest on checking and savings balances
• Enjoy exclusive offers on dining, select travel, and more!
• Send instant payments to other MONEY customers without fees
• Withdraw cash at 55k no-fee AllPoint® ATMs^
• Make purchases with a personalized debit card, or enable Google Pay or Samsung Pay for mobile payments
• Deposit checks on your phone or add cash at select merchants (third-party fees may apply)
• Pay bills: pay by check or set up recurring transfers
• Bilingual support 365 days/year. También ofrecemos ayuda en Español.
• T-Mobile wireless customers can save $5 per eligible line with AutoPay. Plus, all payments made to T-Mobile count towards perks qualifying transactions.

T-Mobile MONEY is a banking service powered by BMTX. Accounts provided by Customers Bank, Member FDIC. All Rights Reserved.

YOUR MONEY WORKS HARDER
Everyone earns 2.50% Annual Percentage Yield (APY)* on all checking and savings account balances. Plus, qualifying customers who register for perks and make at least 10 qualifying transactions per month can earn 4.00% APY* on checking account balances up to $3,000 and 2.50% APY after that.

SAFE & SECURE
Stay connected to your money with transaction and balance notifications. Easily transfer money to and from external accounts. Temporarily disable your debit card from your phone or browser if lost or stolen.

Prevent unauthorized account access with multi-factor authentication and with biometric login. Deposits are FDIC-insured through Customers Bank up to $250,000 per depositor for each ownership category.

^The location, availability, and hours of operation of Allpoint® ATMs may vary by merchant and is subject to change.

⁺Subject to description and timing of the employer payroll-based direct deposit.

*How APY works: Checking account customers earn 4.00% annual percentage yield (APY) on balances up to and including $3,000 in your Checking account per month when: 1) you are enrolled in a qualifying T-Mobile or Metro plan; 2) you have registered for perks with your T-Mobile ID; and 3) at least 10 qualifying transactions have posted to your Checking account before the last business day of the month. Qualifying transactions posting on/after the last business day of the month count toward the next month’s qualifying transactions. The first time you fund your account, as an added value, you’ll receive 4.00% APY on balances up to/including $3,000 in the statement cycle in which you make your first deposit of greater than $1, as well as in the cycle that follows that deposit provided all other requirements are met. These added value benefits are subject to change. Balances above $3,000 in the Checking account earn 2.50% APY. The APY for this tier will range from 4.00% to 3.40% depending on the balance in the account (calculation based on a $5,000 average daily balance). Customers who do not qualify for the 4.00% APY will earn 2.50% APY on all Checking account balances for any month(s) in which they don’t meet the requirements listed above. Savings/Shared Savings account customers earn 2.50% APY on all account balances per month. You must have a T-Mobile MONEY Checking account that is in good standing and funded to open any type of Savings account. APYs are accurate as of 12/01/22 but may change at any time at our discretion. Fees may reduce earnings.

For all of the above items as well as qualifying transactions, see Terms and Conditions or FAQs.

This card is issued by Customers Bank pursuant to license by Mastercard International Incorporated

Ratings and reviews

I've never been more satisfied with a bank account. I only wish ya'll would get on Plaid so I could link my account to Experian. Concerning the app itself, my request is that there be a better way to check past balances. It would be great if I could see what my balance was prior to each deposit and withdrawal/transaction. The little bar graph provided isn't comprehensive enough, not can you view the balance of every day. I'd love to see a daily starting balance added to the UI, or similar.

Like this compared to PayPal/Venmo, & Cash app. It takes days to transfer from regular bank account to this. Paid some bills, but had to transfer over money days prior to due date. I like the ease of the app. You don't need Tmobile service, (even though T-mobile is my carrier), but need to start a membership to have an account opened. I like the many ATM locations, as my regular bank only has two where I live. Don't want to be charged for convenience. I also like the no fees.

Still no Zelle, and I thought by now they would have fixed the app so it shows what the balance is daily with each deposit and withdrawal. As it stands I have made several deposits and it still doesn't reflect the correct balance made with each deposit. I love the interest rate I am getting from the bank itself, but the app needs serious work. They don't need to fix the Zelle issue, but the daily balance is a non starter.

What's new

This update includes bug fixes to give you a better experience. Keep auto-updates turned on to make sure you have the latest version.