BankMobile Rewards Mastercard Review

BankMobile Rewards Mastercard is a cashback credit card issued by Customers Bank. 

Good credit. This card is designed for people with good credit. The minimum credit score to apply is 720.

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.

Pros & Cons of BankMobile Rewards Mastercard

Pros	Cons
Rewards points can be redeemed toward travel, merchandise, or as cash back into your bank account.	No rewards categories allowing cardholders to earn higher points for certain purchases.

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.

BankMobile Rewards Mastercard Rewards

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

What are the BankMobile Rewards Mastercard benefits?

BankMobile Rewards 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 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 BankMobile Rewards Mastercard fees?

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

3% Foreign transaction fees. BankMobile Rewards 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 Rewards Mastercard:

BankMobile Rewards 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 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 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 Rewards 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.