One account to send money, receive money, and spend around the world up to 8x cheaper than the banks. Did you know that every time you swipe your card in a foreign country, your bank is charging you exorbitant fees and giving you a terrible exchange rate? Yet, you can save thousands every year by choosing the right bank.
But what if we tell you that Moda Bank charges no monthly fees, 0% foreign transaction fees, 0% currency exchange markup, 0% ATM withdrawal fees and even refund fees imposed by ATM owners worldwide? Sounds like some sort of black magic right? Well, it’s not.
Moda Bank Account Highlights:
No monthly or yearly costs
No set-up cost
No ATM fees worldwide
No foreign transaction fees
No currency exchange markup (you get the official Mastercard rate)
The entire account opening process is online — you never have to show up anywhere physically
Fantastic, user-friendly app
Also a nice web interface for when you don’t have your phone handy
More features than most neo-banks, including free Mastercard, Maestro card, low-cost & straightforward investment options, Apple & Google Pay, Transferwise integration, a business account for freelancers, and much more.
Card usage push notifications from the app, not SMS (great for peace of mind when you travel)
Can be opened remotely from anywhere