October 2018 update: Zero-Fee CheckingSM is now available with a MoneyLion Core or MoneyLion Plus membership. MoneyLion Core is our newest free membership that includes a Zero-Fee Checking AccountSM, a Zero-Fee Managed Investment AccountSM, and 0% APR InstacashSM cash advances. Learn more about America's most powerful financial membershipSM at moneylion.com.
Personalization, convenience, and delight
Membership companies are getting more and more popular. Now you can join a monthly membership for just about anything: clothes (Stitch Fix), food (Blue Apron), shaving products (Dollar Shave Club), entertainment (Netflix), pet supplies (BarkBox), and much more.
And people love it! Customers are flocking to the personalization, convenience, and fun of memberships. According to Forbes, the number of people visiting membership company websites grew by over 800% between 2014 and 2017.
Why are subscription businesses so popular?
Think about the number of choices you face when shopping: hundreds of shampoos, cereals, toys, movies. Who has time to make an educated selection?
When it comes to your finances, it can be even more overwhelming. There are hundreds of thousands of financial institutions, nearly infinite investment options, thousands of lenders, and so on. It can be a full-time job just to research, select, and manage a set of services that works for you.
With monthly memberships, you get professionally selected options and features. For many types of memberships, you simply answer a few questions about yourself and then receive a handpicked selection of items or services at your doorstep, in your inbox, or online every month. It’s like having a personal assistant or financial advisor. 😎
MoneyLion Plus: all-in-one financial membership
Delighting customers and making their financial lives easier is why we created MoneyLion Plus, a monthly membership that offers investment advisory services, financial literacy tools, and borrowing features without the sky-high fees that can prevent you from reaching your goals.
Now we’re expanding MoneyLion Plus to include VIP banking. 🎉 With this addition, a single MoneyLion Plus membership will empower you to borrow, save, invest, bank, and build your credit with ease.
You’ll have all of the following at your fingertips:
- Banking: No overdraft, maintenance, or ATM fees; no hidden charges; 0% APR cash advances; fast loan transfers, and more
- Savings/investing: Monthly savings into a fully guided investment account
- Loans: 5.99% APR loans (only $16 in yearly interest)
- Cashback: $1 daily cashback just for swiping through your financial tip cards in the mobile app
- Credit help: Credit monitoring and credit-building tools
- Advice: Personalized financial advice delivered every day
- Rewards: Points redeemable for $25 gift cards at stores and restaurants nationwide
MoneyLion Plus will continue to cost $29 per month (less than one overdraft fee at a typical bank), and you can still cut your cost to $0 per month by collecting $1 cashback every day. As a member, you’ll also invest $50/month (in installments) into your MoneyLion Plus guided investment account to help build your savings steadily over time.
Upgrade your entire financial life
A MoneyLion Plus membership makes your financial life easier by giving you a customized combination of low-rate loans (if you choose to take one), robo investment advising, banking (coming soon), and rewards. You don’t need good credit or investing or saving experience to get started. In fact, roughly 90% of MoneyLion Plus members are first-time investors.
Join now for financial convenience and freedom
Get exclusive early access to banking by join MoneyLion Plus now. You’ll be ready to rock n’ roll when banking is launched in the coming months.
Or join the banking waitlist to be notified when it’s available.
MoneyLion Plus membership required. View full terms and conditions here.
Checking accounts will be offered through a third-party partner bank, Member FDIC.
MoneyLion Plus investment account: * Not FDIC Insured or Bank Guaranteed * May Lose Value. The guided investment account is subject to risks, including but not limited to the loss of principal. Not bank or FDIC insured. This advertisement should not be construed as a recommendation regarding the suitability of purchasing a particular security or securities in general.