6% Savings Account
The Mango Visa© Prepaid CardExpect more for your money™Mango is the safe and convenient way to manage and access your money when and where you need it. It’s pre-loaded with your own money so you can track your spending and stay in control of your finances.
Card BenefitsYou can use your Mango Card anywhere Visa debit is accepted, including ATMs, retail stores and for secure online shopping. Plus you can track your spending and manage your account online 24/7.
Simple FeesBecause it’s prepaid there are no hidden fees and no interest charges. Check out our fees page for more information.
Mango works with your mobile phone**Manage your money anytime, anywhereMango makes it easy for you to manage your money on the go with our mobile solutions: Mango Smartphone Apps.
Smartphone AppsDownload the Mango Money App and manage your account anywhere you are. Securely check your balance, transaction history and send money to friends and family. There is no fee to download the App.
Earn up to 6.00% Annual Percentage Yield with Mango Savings™No need to wait to start saving. Once you activate and load your Mango Card, you can open a Savings Account with as little as $1 and get up to 6.00% Annual Percentage Yield†. You can enjoy up to 6 transfers out each month. A direct deposit of $500.00 monthly and a minimum balance of $1.00 at the end of the month is needed to qualify for the 6.00%.
Every Mango Cardholder is invited to SaveAll active Mango Cardholders are able to open a Mango Savings Account. We encourage you to enroll in Direct Deposit and make regular transfers to your Savings Account.
How can we afford it?Basically, we’ve shifted a big chunk of our marketing budget to paying our good customers instead of advertising channels – no TV or print ads. We think word of mouth is much better.
Why we drop it to 0.10% over $5,000We believe that the amazing 6.00% is our contribution to improving our customers’ finances, and building a better America. Once customers have savings in excess of $5k, they have the tools and have established the right habits.
> We may change the interest rate on your Savings Account at any time.
> We offer a fall-back Annual Percentage Yield of 2.00% for those accounts not meeting the minimum $500 dollar direct deposit threshold.
> Rate is accurate as of July 30th, 2015
See Savings Account Terms and Conditions for additional details.