Free to Apply, and Keep on Living
Apply for free, and if you get approved, use your line of credit when you’re a little short on cash or to help cover any unexpected expenses life may throw your way.
No Annual or Late Payment Fees*
This is a no-fee zone, my friend. So you won’t be paying an annual fee for your BankMobile Line of Credit, which many other financial institutions charge even if you don’t use it (ewww). And we won’t charge you a late fee, although we strongly encourage you to make payments on time to avoid damaging your credit – remember, late payments are reported to credit bureaus.
Protection Against Bounces and Denial
Your BankMobile Personal Line of Credit will help protect you against a bounced check or debit card denial, even though we will never charge you if this happens.
Build Up Your Credit
If you need to build up your credit score to an excellent level, our Personal Line of Credit is a great tool to help you reach that financial goal.