BankMobile Classic Mastercard Review

BankMobile Classic Mastercard is a credit card issued by Customers Bank. 

Fair credit. This card is designed for people with fair credit. The minimum credit score to apply is 580.

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.

Pros & Cons of BankMobile Classic Mastercard

Pros	Cons
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 rewards or bonuses offered with this card.

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

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

BankMobile Classic Mastercard Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus Spend Requirement	$0

What are the BankMobile Classic Mastercard benefits?

BankMobile Classic Mastercard provides the following benefits:

• Emergency Support
• Extended Warranty Protection
• Fraud Liability
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for BankMobile Classic Mastercard?

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%.

What are the BankMobile Classic Mastercard fees?

No Annual Fee. BankMobile Classic Mastercard does not charge an annual fee.

3% Foreign transaction fees. 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.

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 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 and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.

How to apply for BankMobile Classic Mastercard

• Visit the Customers Bank website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• 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.