ONE - Mobile Banking
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Get ONE - Mobile Banking
🎯 Who is this for?
This app is ideal for young adults, students, and anyone looking for a straightforward and rewarding banking experience. It's particularly suited for those who want to earn a competitive interest rate on their savings and appreciate perks like early direct deposit and cashback on purchases.
✨ Features
- You can open a free account with no impact on your credit score and enjoy banking services provided by Coastal Community Bank.
- Earn a competitive 5.00% APY on your savings balances up to $250,000 with eligible direct deposits.
- Receive cash back rewards on purchases, including 3% at Walmart and offers from other favorite brands.
🚀 Getting Started
1
Download the ONE app from your device's app store and tap 'Get started'.
2
Follow the on-screen prompts to enter your personal information and verify your identity.
3
Link your existing bank account or set up direct deposit to fund your new ONE account.
👍 Pros
- Offers a high annual percentage yield (APY) of 5.00% on savings balances, which is significantly above the national average.
- Provides several fee-free services, including no monthly fees, no minimum balance requirements, and free cash withdrawals at Walmart locations.
⚠️ Cons
- Banking services are provided by Coastal Community Bank, not directly by ONE, which is a financial technology company.
- Cash back offers and high APY require specific conditions like eligible direct deposits or minimum account balances to be met.
⚖️ Final Verdict
Install ONE if you want to earn a high APY on savings and benefit from fee-free banking, especially if you frequently shop at Walmart and meet the eligibility criteria for rewards.