Jiko Pockets combine the yield and safety of U.S. T-bills with the everyday features of a checking account. Trusted by some of the largest institutions to manage millions in corporate cash, Jiko Pockets are made available to individuals through the Jiko app. Here’s what you get with a Jiko Pocket:
YIELD & CASHBACK
Jiko’s automated trading technology keeps your cash invested in T-bills so you can access the safety and competitive yield of government-backed T-bills without having to trade them yourself. Your earnings are updated in real time on the Jiko app and may be tax-exempt at the state and local level(1). Plus, you can earn 1% cashback on debit card purchases(2).
TRANSFERS & TRANSACTIONS
Jiko’s innovation is making T-bills spendable. You can access and spend your balances by using Jiko debit cards or initiating a transfer. When you initiate a transaction, your investments are automatically liquidated in real time, 24/7, to cover the cost of your purchase.
SAFETY & SECURITY
Save and spend with confidence, knowing your funds are held in one of the safest investments available rather than having your assets lent out by a bank or commingled with other customers’ funds.
The Jiko app also includes additional security features to keep your money and information safe, including the ability to lock or disable swipes on your debit card and generate unique account numbers and virtual cards tied to your Pocket(3).
ABOUT JIKO
Jiko is a national bank and technology platform that replaces traditional cash deposits with direct, real-time investment in U.S. Treasury bills. Pockets keep your cash invested in T-bills, in your name, earning the “risk-free” rate of T-bills, with no lending, no leverage, and no commingled exposure.
DISCLOSURES
INVESTMENTS IN T-BILLS:
NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
All U.S. treasury investments and investment advisory services provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account are protected up to $500,000. For details, please see www.sipc.org.
Banking services provided by Jiko Bank, a division of Mid-Central National Bank.
Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck (https://brokercheck.finra.org/firm/summary/287507), Jiko U.S. Treasuries Risk Disclosures (https://jiko.io/docs/disclosures.pdf) and Jiko Securities Inc. Form CRS (https://jiko.io/docs/CRSRelationshipSummary.pdf). Fees apply.
Illustrations are not representative of future or past performance.
1 - Jiko does not provide tax or legal advice. Please consult your financial advisor or tax professional for advice.
2 - Cashback rewards apply to qualifying purchases only. See our Reward Program Terms for more information: https://jiko.io/docs/RewardProgram.pdf.
3 - Subject to current limitations. Learn more at https://jiko.io/docs/limitations.pdf
Best bank for anyone unfamiliar with banking and just want a safe and EASY place to put their money. Jiko has by far the easiest and most intuitive UI of any fintech app out there. The app’s minimal design is backed up by a super safe framework that lets you essentially have a high-yield savings account that doubles as a checking account since you can use the money whenever wherever you want. You also get 1% cash back on your debit card which is cool since the only other bank that does that is Discover and you can’t go to any and all ATMs with them 🤷♂️. Overall it’s just real simple and safe to use so if you’re not too familiar with finance it’s perfect and has honestly saved me from the hassle of dealing with traditional banks. I will say however they do lack a few small features that traditional banks have like depositing checks but even that’s not really an issue since you can scan them on Venmo or PayPal and just transfer from there.
Underrated Gem of Fintech Apps
andrewbcaldwell
After using Jiko for a few years, I can confidently say Jiko is truly an underrated gem of fintech/neobanking apps. It’s the easiest ways to buy and invest in T-Bills, but use them like cash. Jiko’s ACH portals give me the confidence that if an external company I use and pay directly (say, an utility provider) has a data breach and my bank information is compromised, I can just remove the ACH portal in Jiko and create a new one. No headache. The added benefit of 1% back on debit card purchases is a huge bonus - I used it to pay my federal taxes and got cash back!
Underrated APP
Jbones3213
I have used JIKO for a couple of years now. I have to say the team behind the app is unreal in support and information needed to help you with any of the needs of the app. With a 1% cash back debit card and the initial security of the no facing debit card “no numbers on the debit card” along with the ability to create ach portals and virtual cards enhance the security even more…alll this is topped with a beautiful cherry of your money automatically being invested in t-bills (at $100 increments).What more could you ask for 😎
Enjoy
cherylgirl1121
I very much enjoy the unlimited virtual cards. I’m finding they are down today but I enjoy being able to use a new card via each transaction I make. Excellent
[^] Bug fixes and general improvements.
Version 3.1.0
The developer, Jiko Technologies, Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Linked to You
The following data may be collected and linked to your identity:
Financial Info
Contact Info
User Content
Identifiers
Sensitive Info
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
Usage Data
Diagnostics
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
Seller
Jiko Technologies, Inc.
Size
81.6 MB
Category
Finance
Compatibility
Requires iOS 16.4 or later.
iPhone Requires iOS 16.4 or later.
iPad Requires iPadOS 16.4 or later.
Mac Requires macOS 12.0 or later and a Mac with Apple M1 chip or later.
Apple Vision Requires visionOS 1.0 or later.
Languages
English
Age Rating
4+
4+
This app is rated 4+ with content restrictions.
Some content may be rated higher, and may therefore be restricted and managed by the developer through in-app controls.
