OnePay

Key Takeaways

• OnePay is a financial technology company, not a bank. Builder Cards through OneProgress Services LLC (NMLS ID 2460509) are issued by banking partners Coastal Community Bank or Lead Bank, Members FDIC, pursuant to a license by Mastercard® International Incorporated.
• Builder Card: You can build credit with every swipe. Builder Card is designed to help you build credit by reporting your Builder Card activity to TransUnion, Experian, and Equifax, unless you opt out. Any changes to your credit score are independently determined and based on your overall financial behavior. Results may vary and are not guaranteed. Transactions using your virtual debit card are not reported. See Licenses: https://www.onepay.com/legal/licenses.
• Earn 10% cash back on your first Walmart purchase made within your first month, on up to $200 spent. Only available to customers who initiate their account application through certain channels from 3/21/25 - 9/30/26. Cash back earned as OnePay Points. See terms at onepay.com/10percent.
• Up to 3.35% annual percentage yield (APY). This account offers an annual percentage yield of up to 3.35%, which is much higher than the average for the checking accounts that we track. 3.35% annual percentage yield (APY) applies to the Savings balance of OnePay Cash accounts that have either (i) received $500+ of Direct Deposits in the current or previous month or (ii) have a balance of $5,000+ at the end of the previous month. 3.35% APY is also earned on Pay Autosave balances without deposit or balance requirements. 3.35% APY is limited to a total Savings balance of up to $250,000. All other Savings balances will earn 1.00% APY. APYs are as of 10/7/2025, but may change at any time before or after account opening. Data last verified on 10/17/2025.
• No monthly maintenance fees. This account does not charge any monthly account fees.
• No minimum initial deposit. There is no minimum balance required to open an account online.
• No ATM fees. OnePay does not charge fees on ATM transactions within its network but there is a fee of $3.00 for out-of-network ATM transactions . No ATM fees at 55,000+ Allpoint ATMs worldwide. For all other ATM transactions, the Cash Out fee will apply and third-party ATM fees may be incurred.
• Bill pay. Pay your bills to practically anyone in the United States when you enroll in OnePay mobile or online banking. Only applies to OnePay Cash accounts that have either (i) received Direct Deposits totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ at the end of the previous month. For all other accounts the $3 Bill Pay Fee applies for each bill paid.

OnePay Pros & Cons

OnePay FAQ

Are checking accounts from OnePay federally insured?

Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government. OnePay is a financial technology company, not a bank. Loans through OneProgress Services LLC (NMLS ID 2460509) and banking services through OnePay are provided by Coastal Community Bank or Lead Bank, Members FDIC.

What APY does OnePay offer?

Up to 3.35% annual percentage yield (APY). This account offers an annual percentage yield of up to 3.35%, which is much higher than the average for the checking accounts that we track. 3.35% annual percentage yield (APY) applies to the Savings balance of OnePay Cash accounts that have either (i) received $500+ of Direct Deposits in the current or previous month or (ii) have a balance of $5,000+ at the end of the previous month. 3.35% APY is also earned on Pay Autosave balances without deposit or balance requirements. 3.35% APY is limited to a total Savings balance of up to $250,000. All other Savings balances will earn 1.00% APY. APYs are as of 10/7/2025, but may change at any time before or after account opening.

What are the account minimums for OnePay?

What fees does OnePay charge?

Does OnePay charge overdraft fees?

No, OnePay does not charge overdraft fees.

What features and perks does OnePay offer?

• $20 Bonus offer. Open a new account and you can get up to $20 (see terms and conditions for more details).
• Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account. Only applies to OnePay Cash accounts that have either (i) received Direct Deposits totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ at the end of the previous month. For all other accounts the $3 Bill Pay Fee applies for each bill paid.
• Mobile Banking Services - OnePay allows you to manage your money online or with a mobile app. This includes depositing checks¹ in your account with a mobile app on your smartphone.
• Nationwide ATM network - No ATM fees at 55,000+ Allpoint ATMs worldwide. For all other ATM transactions, the Cash Out fee will apply and third-party ATM fees may be incurred.