Jody T.
UtahMember since February 2019

Reviews (1)


    • Feb 26, 2019
    • Verified Reviewer

    MoneyLion

    Everything you expect of a full service bank but none of the fees and charges

    Overall Experience:

    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

    5 people found it helpful

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