T-Mobile MONEY is designed to give T-Mobile and Metro by T-Mobile customers a smarter way to manage their finances. It offers a range of benefits that put you in control of your money, offering features that traditional banks often overlook. Discover how T-Mobile MONEY can revolutionize your financial life and give you real “T Money” advantages.
Access Your Paycheck Sooner
Waiting for payday can be stressful. With T-Mobile MONEY’s direct deposit feature, you can get paid up to two days earlier than with many traditional banks. When your employer submits payroll early, T-Mobile MONEY makes those funds available to you faster. This early access to your money can be a game-changer, helping you manage bills and expenses with greater ease and reducing the anxiety of waiting for your funds to clear. This quick access to your “T money” means you can handle urgent needs or simply enjoy your earnings sooner.
Say Goodbye to Overdraft Fees with “Got Your Back”
Unexpected overdraft fees can be a major financial burden. T-Mobile MONEY offers “Got Your Back,” a unique service that can help you avoid these charges. For eligible T-Mobile wireless customers with a qualifying plan and a T-Mobile MONEY Checking account, “Got Your Back” steps in when you accidentally overspend. Once you’ve made at least 10 qualifying transactions in your Checking account within a month, you unlock the “Got Your Back” benefit. This safety net provides peace of mind, knowing that T-Mobile MONEY is looking out for you and helping you keep more of your “T money” in your pocket.
Grow Your Savings with a High-Yield Account
T-Mobile MONEY isn’t just about convenient spending; it’s also about growing your savings faster. Customers with a Checking account who also qualify for the perks program can earn an impressive 4.00% Annual Percentage Yield (APY) on balances up to $3,000. To qualify for this high APY, you need to be enrolled in a qualifying T-Mobile or Metro by T-Mobile plan, register for perks with your T-Mobile ID, and complete at least 10 qualifying transactions in your Checking account each month.
For balances exceeding $3,000 in your Checking account and for all balances in Savings and Shared Savings accounts, you’ll still earn a competitive 2.50% APY. Even if you don’t meet the requirements for the higher 4.00% APY in a given month, you’ll still earn 2.50% APY on your entire Checking account balance. This tiered system ensures that your “T money” is always working harder for you, regardless of your balance.
It’s important to note that these APYs are accurate as of December 1, 2022, but are subject to change. Always check the latest rates to ensure you have the most up-to-date information on how your “T money” is growing.
Convenient Access and Global ATM Network
Accessing your funds is easy with T-Mobile MONEY. Enjoy surcharge-free withdrawals at ATMs within the extensive Allpoint® network. With ATMs in convenient locations across the globe, you can access your “T money” wherever you are without incurring extra fees. It’s recommended to use the Allpoint® ATM locator to find the nearest in-network ATM and confirm its availability, as ATM locations and hours can change.
Mastercard® and True Name™ for Enhanced Security and Inclusivity
Your T-Mobile MONEY debit card is a Mastercard®, accepted worldwide. Furthermore, T-Mobile MONEY embraces inclusivity with the True Name™ feature. True Name allows you to display your preferred first name on your debit card, reflecting your true identity and providing a more comfortable and authentic experience. While your legal name is still necessary for official verification and communications, True Name ensures your debit card reflects who you are.
Learn More About T-Mobile MONEY
T-Mobile MONEY offers a compelling suite of financial benefits designed with T-Mobile and Metro by T-Mobile customers in mind. From early access to your paycheck and overdraft protection to high-yield savings and convenient ATM access, T-Mobile MONEY empowers you to take control of your finances. For complete details, including account disclosures, terms and conditions, and frequently asked questions, visit the T-Mobile MONEY website. Unlock the potential of your “T money” with T-Mobile MONEY today.
References:
- FDIC
- Qualifying Transactions Terms
- “Got Your Back” Terms and Conditions
- Allpoint® ATM locator
- Account Disclosures / Terms and Conditions
- FAQs
- Frequently Asked Questions (FAQ) And Support | T-Mobile MONEY
