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  BankMobile Classic Mastercard

BankMobile Classic Mastercard

in Personal Credit Cards from Customers Bank

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BankMobile Classic Mastercard

Unaffiliated

in Personal Credit Cards from Customers Bank

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Highlights
Highlights
Annual Fee $0
Purchase APR  (Variable APR) 16.99% - 24.99%
Balance Transfer APR  (Variable APR) 16.99% - 24.99%
Credit Score Range 580 - 700

BankMobile Classic Mastercard Review

BankMobile Classic Mastercard is a credit card issued by Customers Bank.  If you're wondering whether BankMobile Classic Mastercard is the right card for you, read on. This is everything you need to know to make a good choice.

Key Takeaways

  • Competitive APRs. BankMobile Classic Mastercard has a variable purchase APR of up to 24.99%.
  • Charges foreign transaction fees. Avoid using this card when traveling outside the U.S. because it charges a commission of 3% every time you make a transaction outside the U.S.
  • Fair or better credit required. You stand a chance of qualifying if your credit score is not below 580.
  • Multiple credit card benefits. Includes generous credit card perks, such as emergency support, extended warranty protection on purchases, and fraud protection.
The Good The Bad
  • Accounts are reviewed every six months for a potential credit line increase or upgrade to the BankMobile Rewards Mastercard.
  • No annual fee.
  • Cardholders can build credit with regular payments.
  • No annual fee.
  • Multiple credit card perks.
  • Considers applicants with fair or poor credit.
  • BankMobile Classic Mastercard reports to multiple credit bureaus.
  • Includes emergency support.
  • Extended warranty protection on purchases.
  • No rewards or bonuses offered with this card.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • Charges a foreign transaction fee of 3%.
  • You don't earn rewards on every purchase.

Is there a BankMobile Classic Mastercard cash back or rewards program?

No, BankMobile Classic Mastercard does not offer a rewards program.

What are the BankMobile Classic Mastercard benefits?

BankMobile Classic Mastercard provides the following benefits:

  • Emergency Support
  • Extended Warranty Protection
  • Zero fraud liability
  • ID Theft Protection
  • Reports to major credit bureaus

What are the relevant APRs for BankMobile Classic Mastercard?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance.

BankMobile Classic Mastercard has a variable purchase APR that ranges from 16.99% up to 24.99%. The card has a variable balance transfer APR that ranges from 16.99% up to 24.99%. It also has a variable cash advance APR that ranges from 16.99% up to 24.99%.

Does BankMobile Classic Mastercard have an introductory APR offer?

No, BankMobile Classic Mastercard does not come with an introductory APR offer for balance transfers. BankMobile Classic Mastercard does not offer an introductory rate on new purchases.
BankMobile Classic Mastercard Balance Transfers
Description
Balance Transfer APR 16.99% - 24.99%
Introductory Rate N/A
Intro APR period (months) N/A
BankMobile Classic Mastercard Rates & Terms
Description
Balance Computation average daily balance
Purchase APR 16.99% - 24.99%
Credit Limit N/A
Penalty APR N/A
Cash Advance APR 16.99% - 24.99%
Introductory Rate N/A
Intro APR period (months) N/A

What are the BankMobile Classic Mastercard fees?

The following fees apply to BankMobile Classic Mastercard:

BankMobile Classic Mastercard Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 3%
Balance Transfer Fee 3%
Minimum Balance Transfer Fee $5
Returned Payment Fee up to $38
Late Payment Fee up to $38

Does BankMobile Classic Mastercard have a foreign transaction fee?

BankMobile Classic Mastercard charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.

Does BankMobile Classic Mastercard report your account activity to credit bureaus?

BankMobile Classic Mastercard reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for BankMobile Classic Mastercard

  • Visit the BankMobile Classic Mastercard website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Annual Fee $0
Minimum Interest Charge $0.01
No Annual Fee  
No Interest Grace Period for Late Payment 25
Balance Transfer Fee % 3%
Balance Transfer Fee Minimum $5
Cash Advance Fee (%) Starting at 3%
Cash Advance Fee Minimum $5
Foreign Currency Transaction Fee 3%
Late Fee Amount Up to $38
Minimum Cash Advance Fee ($) Starting at $5
Returned Payment Fee Up to $38
Customer Type Personal
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Minimum Age 18
Card Network
  • Mastercard
Card Type
  • Balance Transfer
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Credit Card Benefits
  • Emergency Support
  • Extended Warranty Protection
  • Fraud Liability
  • Identity Theft Protection
Emergency Support  
Extended Warranty  
Fraud Liability  
Cash Advance APR (Variable APR) 16.99% - 24.99%
Purchase APR (Variable APR) 16.99% - 24.99%
Balance Computation average daily balance
Balance Transfer APR (Variable APR) 16.99% - 24.99%

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Annual Fee

Purchase APR

Balance Transfer APR

Credit Score Range

BankMobile Rewards Mastercard

BankMobile Rewards Mastercard

Be the first to rate

Annual Fee $0 Annual Fee
Purchase APR 16.99% - 24.99%
(Variable APR)
    0% 36% Variable APR
Balance Transfer APR 16.99% - 24.99%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 720 - 850     300 850