Bank, borrow, save and invest. With no hidden fees.
We strive to offer the best value in banking.
How does MoneyLion work?
MoneyLion Spend
Instacash℠
Moneylion Investment
Credit Builder Plus℠
Get started today.
MoneyLion fee schedule
| Fee Type | Amount |
|---|---|
Monthly administrative fee | $0 |
ATM withdrawal fee (55,000 in-network ATMs) | $0 |
ATM withdrawal fee (out of network) | $3 |
Funding via external debit card fee | 0% |
Turbo Transfer Fee | 2% |
Foreign transaction fee | 3% |
International ATM withdrawal | $3 + 3% |
Expedited shipping for replacement physical card fee (2-3 business days) | $25 |
Bill pay fee (Electronic) | $0 |
Bill pay fee (Paper Check) | $2.50 |
MoneyLion is a financial technology company, not a bank. MoneyLion Spend demand deposit account provided by, and MoneyLion Debit Mastercard® issued by, Pathward®, National Association, Member FDIC. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International. Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account.
| Fee Type | Amount | ||||||
|---|---|---|---|---|---|---|---|
Monthly administrative fee | $0 | ||||||
Interest | $0 | ||||||
Standard delivery fee (1–5 business days) to your MoneyLion Spend account | $0 | ||||||
Standard delivery to your external checking account | Available through Turbo delivery only | ||||||
Optional Turbo delivery fee (in minutes) |
| ||||||
Optional tip (tips do not affect your eligibility, Instacash Advance limit, Disbursement Limit, or delivery options) | $0 and up |
Instacash is an optional service offered by MoneyLion. Your available Instacash Advance limit will be displayed to you in the MoneyLion mobile app and may change from time to time. Your limit will be based on your direct deposits, account transaction history, and other factors as determined by MoneyLion. See Membership Agreement and help.moneylion.com for additional terms, conditions and eligibility requirements.
| Fee Type | Amount | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Monthly account fee |
| ||||||||
Asset-based portfolio management fee | $0 | ||||||||
Periodic rebalancing fee | $0 | ||||||||
Trading fees | $0 |
Investment advisory services provided by ML Wealth LLC. Investment Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclosures relating to the MoneyLion Investment Account, see Investment FAQs, Form ADV Brochure, and moneylion.com/investing. Accounts are subject to a monthly account fee of $1, $3 (accounts valued over $5,000), or $5 (accounts valued over $25,000).
| Fee Type | Amount |
|---|---|
Monthly membership fee | $19.99 |
Loan principal + APR payment | Principal varies: $500 to $1,000 | APR varies: 5.99% to 29.99% APR |
Credit monitoring fee | $0 |
Investment account administrative fee ($1/mo) | $0 (fee is refunded for CB+ members) |
* The Investment account administrative fee will be refunded for Credit Builder Plus members in good standing (e.g., members who are current on their most recent membership payment).
Credit Builder Plus membership ($19.99/mo) unlocks eligibility for Credit Builder Plus loans and other exclusive services. Credit Builder Plus loans have an annual percentage rate (APR) ranging from 5.99% APR to 29.99% APR, are made by either exempt or state-licensed subsidiaries of MoneyLion Inc., and require a loan payment in addition to the membership payment. The Credit Builder Plus loan may, at lender’s discretion, require a portion of the loan proceeds to be deposited into a reserve account maintained by ML Wealth LLC and held by Drivewealth LLC, member SIPC and FINRA. The funds in this account will be placed into money market and/or cash sweep vehicles, and may generate interest at prevailing market rates. You will not be able to access the portion of your loan proceeds held in the credit reserve account until you have paid off your loan. If you default on your loan, your credit reserve account may be liquidated by the lender to partially or fully satisfy your outstanding indebtedness. May not be available in all states.
Credit Reserve Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclaimers relating to the MoneyLion Credit Reserve Account, see Investment Account FAQs and FORM ADV.
Credit score improvement is not guaranteed. Credit scores are independently determined by credit bureaus, and on-time payment history is only one of many factors that such bureaus consider. Your credit score may be negatively impacted by other financial decisions you make, or by activities or services you engage in with other financial services organizations. MoneyLion is not a Credit Services Organization.