topic Re: T-Mobile Money in Personal Finance

T-Mobile Money

Anonymous — Fri, 18 Jan 2019 17:45:43 GMT

Hello all,

I just came across this - https://www.t-mobilemoney.com/en/home.html

Anyone have any experience/insights?

Re: T-Mobile Money

Anonymous — Fri, 18 Jan 2019 18:14:25 GMT

It looks like constant maintenance of sorts - withdraw $200 and deposit $200 every month so that you dont go over $3000 in one month, else the APY drops from 4% to 1%.

Re: T-Mobile Money

Anonymous — Fri, 18 Jan 2019 23:29:41 GMT

Just a heads up, business plan/group does not qualify, and only the primary of a family plan/group qualifies, otherwise a pretty solid offer. Unfortunately, I belong to a business plan.

Re: T-Mobile Money

Anonymous — Sat, 19 Jan 2019 11:11:32 GMT

Looks a lot like other debit accounts with a high APY on a nominal balance. I don't have a qualifying plan either.

Re: T-Mobile Money

Green456 — Mon, 26 Aug 2019 00:43:34 GMT

@Anonymous wrote:
It looks like constant maintenance of sorts - withdraw $200 and deposit $200 every month so that you dont go over $3000 in one month, else the APY drops from 4% to 1%.

My understanding of the rules was that first $3,000 gets 3% APY and anything after that gets 1% and not the total amount at 1%

Re: T-Mobile Money

howellco2 — Sat, 31 Aug 2019 20:25:32 GMT

I have it and use it as a saving account sorta i placed the 3k in there and have NFCU deposit 200 and withdraw 200 a few days later and get the max interest ... its not much but everylittle bit helps