T-Mobile MONEY: Better Banking 4+

Shop, pay friends, save & earn


Designed for iPhone

    • 4.9 • 38.2K Ratings
    • Free

iPhone Screenshots


T-Mobile MONEY is the banking service that puts you & your money first! Save with no account or overdraft fees. Take your dollars further with industry-leading interest & exclusive partner offers. Get your paycheck early with direct deposit⁺, make payments without fees, & withdraw cash at 55k+ no-fee Allpoint® ATMs.^ Download the app & start banking better today!

• No credit checks. No account or overdraft fees. No minimum balances.
• Set up direct deposit to receive your paycheck up to 2 days sooner⁺
• Earn industry-leading interest on checking & savings balances
• Enjoy exclusive offers on dining, select travel, & more!
• Send instant payments to other MONEY customers without fees
• Withdraw cash at 55k no-fee AllPoint® ATMs^
• Make purchases with a personalized debit card, or enable Apple Pay (not available in all markets) 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
• Talk to T-Mobile MONEY specialists every day of the year. Y ayuda también disponible en español.
• T-Mobile wireless customers can save $5 per eligible line with AutoPay. Plus, all payments made to T-Mobile count towards perks qualifying transactions.

T-Mobile MONEY is a banking service powered by BMTX. Accounts provided by Customers Bank, Member FDIC. All Rights Reserved.

Everyone earns 2.50% Annual Percentage Yield (APY)* on all checking & savings account balances. Plus, qualifying customers who register for perks & make at least 10 qualifying transactions per month can earn 4.00% APY* on checking account balances up to $3,000 & 2.50% APY after that.

Stay connected to your money with transaction & balance notifications. Easily transfer money to & from external accounts. Temporarily disable your debit card from your phone or browser if lost or stolen. Prevent unauthorized account access with multi-factor authentication & with biometric login. Deposits are FDIC-insured up to $250,000. Plus, with Zero Liability Protection from Mastercard® you’re protected if fraud occurs.

^The location, availability, & hours of operation of Allpoint® ATMs may vary by merchant & is subject to change.

⁺Subject to description & 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 & 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; & 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 & funded to open any type of Savings account. APYs are accurate as of 12/01/22 but may change at any time at our discretion. Fees may reduce earnings.

For details & more on qualifying transactions, see Terms & Conditions or FAQs.

What’s New

Version 3.1.1

Minor bug fixes and performance improvements.

To give you the best experience, we're constantly improving our app. Keep auto-updates turned on to make sure you have the latest version.

Ratings and Reviews

4.9 out of 5
38.2K Ratings

38.2K Ratings

Yella_boy ,

Highly recommend this account!!!

Was a little skeptical when I first signed up but this account is awesome! The 4% APY is AWESOME, and it’s really easy to obtain! You get 4% on any money in your checking account up to $3,000 and 2.5% on any money above the $3,000 after 10 qualifying purchases for the month! I use my card like I would any normal debit card, for gas, lunch, coffee, Gatorade’s at the convenient store, etc., and I usually qualify for the 4% APY within 4-5 days, and get 4% on my money for the rest of the month! The good news is if I for some reason don’t reach the 10 qualifying purchases within the month (which has never happened), i still get the 2.5 % APY on all my money! Savings is a flat and constant 2.5% APY so that’s really awesome! I was also worried about having access to ATM’s that wouldn’t charge me for making a withdrawal and when I say there are ATM’s everywhere, there are ATM’s EVERYWHERE! It’s also fairly easy to deposit cash into your account if you don’t mind getting out of your car, which I don’t mind tracking those extra steps in my fitness app on my phone and watch 😂! Overall this is a great account to have! Tons of perks! Everything is made to be as convenient as possible, and I love earning money on the money that I worked so hard to earn!

Developer Response ,

Woo hoo!! Thanks for being a T-Mobile MONEY customer! 🤩

Yeeeaya!! ,

Why was I hesitant? If you can get this interest why would you not??

Discovered this and thought only the Mr. could get the accounts because the cell accounts are in his name. But with my T-Mobile family plan number I too was qualified for the higher interest offer. Even just the 1% interest is crazy - why would anyone with a T-Mobile cell leave their money in a traditional bank to rot away for .01%?? I don’t know why but I hesitated and stuck with my Wells Fargo and chase accounts. But WF started charging because my new employer only lets me have one direct deposit. After the first fee I immediately opened the T-Mobile and closed the WF. Now chase charged me for not have $325 in my savings (it’s all in T-Mobile getting actual interest) so I closed that garbage account too. I send money out of my T-Mobile accounts via the zelle app no problem (I did have to first remove my cell number from being associated with my Chase zelle, I just swapped it for my email as the chase zelle contact). I easily get 10 debits per month. If T-Mobile decides to get rid of this interest rate, I’ll probably bounce again. But for now I don’t know why I even hesitated as long as I did.

Developer Response ,

Wow. Glad you're both loving T-Mobile MONEY. We're sorry you hesitated too, but stoked you're here now!! 🧐

meisterwink ,

Really buggy, approach with caution

I’m a dedicated t-mobile service user, I was really amazed with the interest rate offering, but of course the rate is Actually based on transaction quotas and other caveats. Not likely that you will get the interest rate advertised. Also, doing a cash deposit required almost 4 dollars in fees. Do not base expectations on the marketing, you will be let down. When I tried to open the account neither the website nor app would work, repeated error messages of “try again later”, so I went to a brick-and-mortar and even then the agent said he was powerless to make the software work. Then, randomly, I received an email 2 days later that the account had actually opened and an ATM card sent out. That’s downright scary. I’ve tested the account now with small transfers, both have posted to my originating accounts and both have posted to the t-mobile account, but days have elapsed and the balance still appears as 0. Scary. Also, the service is not compatible with Zelle for digital transfers. The company does not appear to have a banking product that’s actually ready for public use. I’ve been on the phone with customer support more than a few times, which is of course offshore in the Philippines and getting competent and knowledgeable support has been very hit-or-miss. In summary: I expected the product to be better and more functional, I’m experimenting with several app based banking services, this one ranks unequivocally as the worst.

App Privacy

The developer, T-Mobile, 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
  • Location
  • Contact Info
  • User Content
  • Identifiers
  • Usage Data

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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