MoneyLion Core membership offers MoneyLion Zero-Fee Checking, a fully managed MoneyLion Investment Account, and generous rewards, all accessible in our award-winning mobile app.
Enrolling in Core is easy and can be done on the MoneyLion app, which is available for Android and Apple devices. Once enrolled, you can use the app to review your spending, see bank statements, add investment contributions (no minimums), and earn rewards.
You can use your MoneyLion Checking account the same way you use a traditional checking account: to make purchases, transfers, and to deposit and withdraw funds. Unlike traditional banks, we do not charge overdraft fees, NSF, monthly or annual fees, and we do not require a minimum balance. You are freed from bank fees, at last!
MoneyLion also offers instant 0% APR Instacash advances any time day or night! You simply have to set up direct deposit to your MoneyLion Checking account to unlock advances up to $250. You also have free access to 55,000 in-network ATMs worldwide (that's more than Chase, Wells Fargo, and Bank of America combined). Note: Using out-of-network ATMs will incur a $2.50 fee.
MoneyLion checking account funds are held by our partner bank, Lincoln Savings Bank, Member FDIC.