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Moven Smart Bank Account review

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A virtual bank that allows you easy access to your account info on the go.’s rating: 4.7 / 5.0


This mobile-first checking account is designed to help you to develop better spending habits. It works hand-in-hand with the Moven app, which tracks your spending and offers a steady stream of feedback. However, the account doesn’t earn interest or make it easy to deposit cash and checks.

$0 per month





Minimum deposit to open


Fee$0 per month
Minimum deposit to open$50
ATMs42,000 ATMs across the country
ATM transaction fee$0
Out-of-network ATM fee$0
Foreign transaction fee1%
Overdraft fee$0

Expert review

Katia Iervasi

Review by

Katia Iervasi is a staff writer who hails from Australia and now calls New York home. Her writing and analysis has been featured on sites like Forbes, Best Company and Financial Advisor around the world. Armed with a BA in Communication and a journalistic eye for detail, she navigates insurance and finance topics for Finder, so you can splash your cash smartly (and be a pro when the subject pops up at dinner parties).

Expert review

Moven‘s checking account is best for those who would like to manage their spending habits. This online account offers real-time tracking on your money and a wide network of ATMs.

But if you need to make cash deposits you’ll need to visit a retailer that may charge you $4.95 per deposit.

What are the benefits of a checking account with Moven?

Like most online bank accounts, Moven doesn’t have a minimum balance requirement or monthly service fees. Some other benefits of banking with Moven include:

  • Debit card. The checking account comes with a debit card and a contactless sticker that can be used anywhere Mastercard or Mastercard PayPass is accepted. You can also add the Moven card to a digital wallet like Apple Pay.
  • Wide network of ATMs. You can use your debit card at 42,000 ATMs across the country for free.
  • Access to Moven Stash. When you open a checking account, Moven will automatically open a savings tool called Stash. You can make up to 10 transfers per day into the account.
  • Real-time money tracking. Whenever you make a purchase, the Moven app will categorize the transaction and update the Spending Meter to show where your money is going. If you’re spending more money than usual, you’ll receive a Spending Spike alert.
  • Overdraft protection. Moven rejects any transactions that would overdraw your account.
  • Linked accounts. While Moven doesn’t offer a joint account, you can link two or more accounts and instantly transfer money between them.

What should I look out for?

Moven falls short in the following ways:

  • Minimum opening deposit. It costs $50 to open an account.
  • No interest earned. Unlike some checking accounts, your balance earns zero interest.
  • Inconvenient cash deposits. To deposit cash, you’ll need to visit a retailer in the Mastercard Repower network, such as CVS or 7-Eleven. These stores usually charge a $4.95 fee per deposit.
  • Expensive foreign transactions. Jetsetters will pay 1% of any transaction made in a foreign currency, and using international ATMs comes with an additional 1% fee.
  • Long processing times. Moven partners with a service called Ingo Money for mobile checks. They clear in 10 days, or instantly if you pay a third-party service fee of 2% to 5% of the check.

If you make a lot of cash deposits, you’ll want to keep looking. As always, compare your options when choosing a checking account.

Compare with other checking accounts

Name Product Minimum deposit to open ATMs Out-of-network ATM fee
Chase Total Checking
Access to 16,000 ATMs and nearly 4,900 branches nationwide
Get a $200 bonus when you open a new Chase Total Checking account and set up direct deposit within 60 days of opening your account. Chase's simplest checking account is easy to use and gives you access to 16,000 ATMs and nearly 4,900 branches. Available online nationwide except in Alaska, Hawaii and Puerto Rico.
HSBC Advance Checking
Surcharge-free HSBC ATMs nationally and internationally, plus up to four rebates a month for using non-HSBC ATMs in all US states except New York
Get up to $270 (max. $50 per month) for eligible new customers who open an HSBC Advance checking account. Conditions apply. Deposit products are offered in the US by HSBC Bank USA, N.A. Member FDIC.
BBVA Online Checking
No ATM fees nationwide at more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs
A full-service account with convenient, surcharge-free access to two massive ATM networks, plus a $200 signup bonus when you meet deposit requirements
Aspiration Spend & Save Account
55,000 free in-network ATMs
Deposits are fossil fuel-free. A spend and save combo account with unlimited cash back rewards and deposits insured by the FDIC.
SoFi Money
SoFi Money® is a cash management account that charges no account fees to save, spend, and earn cash back rewards when you spend on brands you love.
NorthOne Business Banking
More than 300,000 ATMs across America.

A digital bank account featuring free cash deposits, on-demand customer support and streamlined bookkeeping integrations.

Compare up to 4 providers

Moven‘s ATM network and fees

Moven is part of the Star network, which has over 42,000 ATMs in retailers across the country. They’re free to use, but it may cost to make a deposit. To find one near you, use the search function on the Star website.

The daily ATM withdrawal limit is $500.

The bank charges nothing in fees for using any out-of-network domestic ATMs, either. But if you use an ATM overseas, you’ll be subject to Mastercard’s 1% international surcharge fee.

How do I open a Moven account?

You can open an account on the Moven site or app.

These are the steps for opening an account online:

  1. Go to the Moven website.
  2. On the Moven homepage, click Sign up.
  3. Build a Moven profile by entering your full name, email address, cell phone number and password. Click Create profile.
  4. Press Apply for Smart banking..
  5. Provide your Mailing address. Click Next.
  6. Type in your Social Security number and date of birth.
  7. Review and agree to the terms and conditions. Click Submit application.

You’ll be sent a link to download the Moven app. While you’re waiting for your account to be approved, you can add any external debit, checking or credit card accounts to the app and start using the budgeting tools.

Required information

You’ll be asked for the following information:

  • Personal and contact details
  • Mailing address
  • Social Security number
  • First and last name
  • Date of birth

In most cases, it’s unnecessary for you to provide photo ID, such as a driver’s license.


To open an account, you must be:

  • At least 18 years old
  • A US resident
  • Able to pay the $50 minimum opening deposit

How do I deposit or withdraw money?

You can deposit up to $10,000 in your Moven account each month, and spend up to $10,000 per day. Access your money in these ways:

  • Direct deposit. Send a portion of your paycheck straight to your checking account by filling out the direct deposit form on the app. Direct deposits are available by 11 a.m. ET on the postdate your employer sets.
  • External transfers. Moven supports bank-to-bank transfers, and the funds usually appear in two to three business days. To find your Moven account and routing numbers, log in to the app and go to Moven spending then select View account details.
  • Deposit checks with Ingo. Sign up for the Ingo app to cash mobile checks.
  • Cash deposits in store. Head to a store in the Mastercard Repower network to deposit cash directly into your Moven account. It may cost to make a cash deposit, depending on the ATM.
  • ATM withdrawals. Check your balance and withdraw funds for free at any Star ATM. Moven charges nothing for using out-of-network ATMs, but the ATM provider might.

Frequently asked questions

Checking account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.

Read the full methodology of how we rate checking accounts.

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