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⁺
• 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 (up to 8 lines) with AutoPay. Plus, all payments made to T-Mobile count towards perks qualifying transactions.

T-Mobile MONEY digital platform is powered by BMTX. Banking services are provided by Coastal Community 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.

Help prevent unauthorized account access with multi-factor authentication and with biometric login. Plus, with Zero Liability Protection from Mastercard® you're protected if fraud occurs.

^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 4/1/25 but may change at any time at our discretion. Fees may reduce earnings.

T-Mobile is not a bank. Banking services are provided by Coastal Community Bank, Member FDIC.

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

Ratings and reviews

This is a great banking app. If you have a T-Mobile phone, you should definitely use this for your checking account, you will get the best interest rate on your money! The app works great, no issues. Edited to add that when the app doesn't work well, customer service is pretty bad. They listen to the problem, then obviously put in some keywords and read some script about the rules. They just repeat the same script, even if it has nothing to do with the problem. Frustrating!

The 10-purchases-per-month requirement is a TERRIBLE idea. Now it feels like I'm living paycheck to paycheck as I'm holding off on making purchases until the 1st of the month, just so that they'll count towards next month's quota. After all, I'm trying to save money and avoid going out during a pandemic. But if I find myself short on purchases, I'll use the self-checkout lane at the grocery store, scan one item, pay for it; scan the 2nd item, pay for it, etc. Great, now I get to be that weirdo.

As a loyal customer, I've enjoyed T-Mobile's progress over the last several years. With T-Money, I was excited to switch over. However, it has been nearly a month now and my account still has not been set up and I cannot access the app due to a connection issue. I called 2 wks ago where I was told my account was set up and deleted for some reason. I called once more and they are still citing the same issue for a large multitude of customers. cant recommend.

What’s new

T-Mobile MONEY banking services are now provided by Coastal Community Bank, Member FDIC.

We’re always improving our app to make banking easier. Keep auto-updates turned on to ensure you always have the latest version.