BrightFi Mobile

BrightFi is the banking app designed to help you keep more of your hard-earned money.

BrightFi is a financial technology company, not a bank. Banking services are provided by Sterling National Bank; Member FDIC.

In 2020, banks made $12.4 Billion in overdraft fees. Every day, people have to pay check cashers and money transmitters for access to their own money. With no hidden fees, no overdrafts and no ATM fees*, customers can save hundreds of dollars each year in fees.

BrightFi Mobile

Brief: BrightFi Mobile is a digital banking app designed to give users greater control over their finances with user-friendly technology, robust security features, and immediate access to funds. It champions convenient banking without traditional barriers, simplifying the process of money management directly from your smartphone.

Core Features:

• ? Mastercard Debit Card: A secure debit card for everyday transactions and online purchases.
• ? Savings Jars: Designate funds for various expenses and goals, encouraging financial planning.
• ? Mobile Check Deposit: Deposit checks quickly with the mobile app for instant fund availability.
• ? Fee-Free Transfers: Send money to friends and family within BrightFi without extra costs.
• ? BillPay: Manage and pay your bills directly from the app with ease. ?

Pros:

• ? Immediate Fund Access: No waiting period for deposited checks to access funds.
• ? No Overdraft Fees: Spend with peace of mind knowing you won't be charged for overdrafts.
• ? Accessible Customer Support: Receive help from Customer Support Specialists in both English and Spanish.
• ? Simple Signup: Quick and easy account approval within minutes with no unfriendly checks. ?
• ? Inclusivity: No credit checks, ChexSystems, minimum balance, or funding requirements to open an account. ?

Cons:

• ? Monthly Fee: Users are subject to a monthly subscription of $4.95.
• ? ATM Fees: Out-of-network ATM withdrawals incur fees, although in-network Moneypass ATMs are included.
• ? Debit Card Delivery: A wait of 7-10 business days for the debit card to arrive.
• ? Third-Party Fees: Possible additional costs from third-party services.
• ? Limited Physical Presence: As a mobile-first bank, there can be constraints for customers preferring in-person services. ?

Pricing: ? BrightFi Mobile operates on a monthly subscription model costing $4.95, offering full access to the app's features.

For further support or inquiries regarding BrightFi Mobile services, visit BrightFi Customer Support or call at 1-888-627-5407. Find more about their privacy policy on the BrightFi Privacy Policy page.

Banking services provided by Sterling National Bank, Member FDIC. The BrightFi Mastercard Debit Card is issued by Sterling National Bank pursuant to a license from Mastercard.