MoneyLion, in short, is the future of banking. MoneyLion combines a no-cost checking account with an investment account which invests your money according to guidelines you set. Link your current accounts for financial tips on how to improve your spending/saving habits while facilitating the easy transfer of funds between your other accounts and MoneyLion.
With the MoneyLion app, a full range of financial and estate-planning instruments are available, including low-cost life insurance through a partnership with Bestow; free tax filing with TaxSlayer; daily market recaps from respected market analysts; credit building loan of $500 at 5.99% APR; free credit score/report monitoring with TransUnion; basically everything you expect from a full-service bank and more.
I knew a little about the stock market and such investments, but within 10 minutes of enrolling with MoneyLion, I had access to 0% APR fee-free cash advances up to $250, and informative articles and videos about stocks, bonds, ETFs, and money management skill training.
Bottom Line: Yes, I would recommend this to a friend
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