Your accounts will continue to be FDIC insured through Customers Bank.
Spend $300 or more per statement cycle on everyday point-of-sale purchases like groceries, gas, online shopping and more using your BankMobile Vibe Up Debit Mastercard® card.
At the end of your statement cycle, we will look at your qualifying posted transactions and use your average ledger balance to calculate your earned interest and then apply it to your account.
1 In order to qualify for interest, BankMobile Vibe Up Checking Account holders must make $300.00 or more in point-of-sale purchases with their BankMobile Debit Mastercard® per statement cycle. Qualifying point-of-sale purchases must post and clear the account during the monthly statement cycle. Qualifying point-of-sale purchases may take one or more business days from the transaction date to post to the account. ATM transactions and point-of-sale refunds do not qualify. Annual Percentage Yield (APY) is accurate as of 10/7/2021. An interest rate of 0.50% will be paid for average daily balances up to $15,000.99 with an APY of 0.50%; average daily balances greater than $15,000.99 will earn a 0.01% interest rate only for that portion of the average daily balance that is greater than $15,000.99. The annual percentage yield for this tier will range from 0.50% to 0.38% depending on the balance in the account (calculation based on a $20,000.00 average daily balance). 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 Up Checking Account Fee Schedule and Interest Rate Information and Terms and Conditions.
"I have had this account since 2014 and I am happy with the quality of service that I receive they are always offering products and information on how be successful with managing your funds"
"This is by far the best banking industry I have ever put my money into you guys were prompt and accurate with every transaction and deposit I would recommend y'all to anybody and everyone thank you"
"This is the most convenient bank account I have had. 9 years and going!"
"Best banking experience ever! Outstanding customer service."
If you have any questions regarding your account or this transition, you may contact us using one of our available contact methods.Contact options
"As one of the largest digital banking platforms in the country with approximately two million accounts, this merger allows BMTX to lead a new wave of financial innovation by enhancing its focus on technology, inclusion, easy-to-use products and customer education with the mission of creating 'customers for life.'"
– Luvleen Sidhu, BM Technologies, Inc. Chair, CEO and Founder
On January 4, 2021, Customers Bancorp, the parent company of Customers Bank, completed the sale of its wholly owned subsidiary, BankMobile Technologies, Inc.
What do you need to do?
Not a thing! We will continue to operate as an independent technology provider to Customers Bank. Your accounts with Customers Bank remain FDIC-insured and will not be impacted by the sale of BankMobile. More information will be coming to you soon. If you are exploring a new deposit or loan relationship, accounts and loans are issued by Customers Bank, Member FDIC and Equal Housing Lender.