You might be wondering, is Point too good to be true? No — it really isn't.
We don't operate like traditional banks with high fixed costs tied to operating physical branches and deploying huge advertising budgets. We are mobile-only and we monetize primarily from interchange revenue (merchant fees collected every time a card is used). This allows us to pass on savings to you in the form of valuable rewards and benefits.
Point is rebuilding the relationship between people and their payment cards. We don't hide behind jargon or charge hidden fees. Instead, we prioritize transparency with our members in order to provide them with the most value.