You might be wondering, is this too good to be true? Nope, it really isn't.
We don't operate like traditional banks with their high fixed costs tied to operating physical branches and deploying huge advertising budgets. We are mobile-only and like most other digital-first banks, we monetize primarily from interchange revenue (merchant fees collected every time a card is used). This allows us to pass on savings in the form of valuable rewards and generous interest on deposits.
Point is rebuilding the bank and customer relationship from the group up to provide customers with what they actually want and find valuable. We don't hide behind financial jargon or charge hidden fees and work to maintain transparency with our customers.