Envel - Mobile Banking

4.2
1.22K reviews
50K+
Downloads
Content rating
Everyone
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About this app

Envel® is a financial technology company that uses AI to help you manage your hard-earned money better than any bank.

Why Envel users love us

• Save and Budget with one click
Don’t have time to manage your budget? Automate your budget using Autopilot. This automatically splits your deposits into your envelopes creating a fully autonomous budgeting and savings experience.

• No monthly fees or minimum balance
Unlike our competitors, we don’t charge you to open an account, nor do we charge any minimum balance fees or monthly fees! Plus, you get free withdrawals at 37,000+ MoneyPass ATM networks

• Get Paid 2 days early with direct deposit
Get access to your paycheck up to 2 days early! Eligibility for early direct deposit is based on your employer.

• Automated savings, budgeting, and goals
With our Autopilot feature, you can build your savings account, reach your personal finance goals, and manage your budget effortlessly. You tell us your expenses and savings goals, and the AI does all of the heavy lifting for you!

• Security at your fingertips
We want to protect your security! Freeze, unfreeze, or order a new card with one click. You are the owner of your data and your privacy and security are our main concern just as we’d want that too as individuals. Envel leverages cutting-edge technologies and encryption to safeguard the Envel ecosystem. Balances you hold with nbkc bank, including but not limited to balances held in Envel accounts, are insured up to $250,000 through nbkc bank, Member FDIC. For more information, visit https://www.envel.ai/fdic.

• Create Envelopes
Envel allows you to create Envelopes in seconds for whatever reason i.e. groceries, holiday, goals, gas, bills, coffee.. you name it! We get you started with 4 envelopes called Cash, Bills, Emergency and Vault so you can organize your hard-earned money easily.

• Send and receive money instantly
Need to pay a friend? Send or receive money instantly to any Envel user with Envel Send.

• In app customer support live chat & community
Chat with our support team in the Envel app with live chat. Join our communities on Discord to chat with the Envel team and other users, voice your feedback, and get timely support.

• Customizable color themes and modes
Who says budgeting can’t be fun? Customize your own experience by choosing your own background and theme colors. You can also choose between different humor levels: funny, sarcastic, or off.

• Share Envelopes with Friends
Need to create a shared envelope with family or friends? Envel allows you to create envelopes to share funds with friends where everyone can contribute. Withdrawing funds requires the original envelope owner’s permission for security.

• Automate your Bills
Never miss a Bill payment again! With our Itemized Bills, you tell us your different Bills, due dates, and payment frequencies, and our AI will make sure all your Bills are covered.

• Switch your Debit Card to any Envelope
The Envel Visa® Debit Card is linked by default to the Cash Envelope however you can temporarily link it directly to any of your other envelopes instantaneously using Cardlink™ for easy access to your funds.

• Apple Pay
Connect Envel to Apple Pay to pay easily

• About Envel
*Envel is a financial technology company, not a bank. Banking services provided by nbkc bank, Member FDIC. The Envel Visa® Card is issued by nbkc Bank pursuant to a license from VISA U.S.A. and may be used everywhere Visa debit cards are accepted.

For more information head to www.envel.ai
Copyright © Envel, Inc. 2022

More about how we look after your information in our privacy policy here
https://www.envel.ai/privacy
Updated on
Jul 29, 2022

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Location, Personal info and 5 others
Data is encrypted in transit
You can request that data be deleted
4.2
1.22K reviews
PD Weisman
July 3, 2022
I was so excited about Envel after my favorite banking app Simple was shut down. Envel seemed like the next best alternative that had similar features to Simple, however, the performance of this app just isn't right. Glitch after glitch in the Envel app. Money transferring left and right between envelopes without a ryhme or reason, all the while I have the AI system off. The whole messaging help system to then wait for hours for an answer that doesn't even provide a solution is quite pathetic.
4 people found this review helpful
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laserchild
March 8, 2022
In the 2 years I've had the ENVEL account and app it's been fairly smooth. Not 100% perfect but good enough. If I ever had a problem I would just troubleshoot (uninstall, reinstall, power on/off) you get the idea. Always cleared up any issues. Yesterday that ended. I was having problems with an update. So I powered off then on. Same issue. Won't update. Uninstall then reinstall. Now I can't even redownload the app. WHATUPWITHDAT!
16 people found this review helpful
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Envel Inc.
March 20, 2022
Hey there, I'm sorry, that a very strange issue that we haven't run into before. When you say you can't download the app, what type of error message are you receiving? If you contact support@envel.ai they should be able to assist you. If you don't receive a prompt reply, please follow up on our community forum: https://community.envel.ai. -Jacqui
BMF Fights
February 16, 2021
Extremely impressed with this well designed application! Very intuitive design, and easy to navigate. Each "Envelope" is it's own checking account with routing/account numbers for every one of them! That's a great feature. I can't wait to switch everything over after full launch. I will make my review 5 stars when instant deposit is made available.. which currently says "coming soon". Can't wait! Thank you for putting the effort into such a quality banking application
35 people found this review helpful
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What's new

- New! Vault slider percentage – specify the percentage you want to allocate to your vault for savings after autopilot has allocated funds to your bills
- UI updates and enhancements for app consistency
- Autonomous envelopes are back in Subaccounts
- Various Bug Fixes
- App performance enhancements