BankMobile Rewards Mastercard Review

BankMobile Rewards Mastercard is a cashback credit card issued by Customers Bank. If you're wondering whether BankMobile Rewards 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 Rewards Mastercard has a variable purchase APR that ranges from 16.99% up to 24.99%.
• No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. BankMobile Rewards Mastercard charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as emergency support, extended warranty protection on purchases, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 720.

BankMobile Rewards Mastercard Pros and Cons:

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

BankMobile Rewards Mastercard is a cashback card. This means you earn a percentage of your purchase as a cash reward.

What are the BankMobile Rewards Mastercard benefits?

BankMobile Rewards 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 Rewards Mastercard?

BankMobile Rewards 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 fees for BankMobile Rewards Mastercard?

The following fees apply to BankMobile Rewards Mastercard:

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

BankMobile Rewards 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.

How to apply for BankMobile Rewards Mastercard

• Visit the BankMobile Rewards 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.