Just like any other adult, students need to have a bank account so that they can be able to send and receive money the way they please. After all, they might want to pay tuition fees, accommodation fees, entertainment fees and so forth. Thankfully, students can now open a BankMobile Vibe account and be able to perform these transactions seamlessly. If you are student residing in the US, you can open a BankMobile Vibe checking account and get started. Unlike other accounts, this is a low-fee FDIC-insured, digital checking account that does not charge any monthly fees to students who are account owners. Also, it does not charge any overdraft or NSF fees that can inconvenience a number of students in college. Therefore, BankMobile Vibe checking account has become a lifesaver for many students with good financial habits. However, if you have a BankMobile Vibe account, chances are that you might want to transfer money to another bank. In this article, we shall outline how you can readily do so, alongside other related ideas.
Why Should You Open A Bankmobile Vibe Account?
Before we delve into how you can transfer money from BankMobile Vibe to another bank, there is a need for you to know the various benefits of opening a BankMobile Vibe account in the first place. Some of these reasons include:
1. Availability of many ATMS worldwide
Unlike other banks, this one has a plethora of ATM outlets all over the world. To put this into perspective, this bank has more than 55000 Allpoints® worldwide. Therefore, you will not miss an ATM outlet near you where you can visit and withdraw your money. Besides this, these ATMs are fee-free. This means that you will not incur any additional charges anytime you want to withdraw your money.
2. Availability of budgeting tools
Students need to budget for their money so that they can have an easy time while in college. In fact, this will help them avoid unnecessary debts and so forth. Thankfully, this bank account comes with many budgeting tools that will help you manage your finances more effectively.
3. Allows to deposit your check using a mobile app
Whether you are taking coffee or taking a study, be sure that you will be able to deposit your check with a mobile app. Here, you will be able to use the Mobile Check capture and then deposit to any account. This further makes it easy for you to transfer funds from your account to another bank account.
4. Allows you to pay bills seamlessly
With this bank account, you will be able to pay several bills while in college. These include water bills, internet bills, electricity bills among others. Thankfully, you will not need to carry cash in bulk in order to pay these bills.
As long as you have your mobile phone, be sure that you will be able to do so from the comfort of your lecture room or hostels. You are also at liberty to set up auto payments so that you can avoid late payment of bills. As a result, you will be able to enjoy various services uninterrupted.
5. It offers rewards for smart moves
Whether it is an academic achievement or a smart money management move, be sure that you will earn a stamp that can earn you a couple of rewards. To put this into perspective, you will earn a number of stamps that can make you a winner of $10000.
With this reward in place, you will be able to pay off several debts, including your student loan debt. Remember that only one winner will be chosen for this reward. Therefore, you have every reason to make smart moves while in college or university.
6. Allows you to secure your funds
To enable you safeguard your hard-earned money, the account allows you to use the BankMobile Debit MasterCard On/Off feature switch feature. Here, you will be able to switch your debit card on and off the way you please and thus reduce instances of unauthorized use. Consequently, no one can use your debit MasterCard without your consent.
How To Transfer Money From Bankmobile Vibe To Another Bank
It is important to note that BankMobile allows you to receive money from other banks. Also, BankMobile Vibe allows you to transfer money to another bank via wire transfer. Since you are sending money to another bank account, you will be required to have the account number and routing number of the recipient. Here is how you can get started:
- To start with, go to asuone.com on your smartphone or computer
- Thereafter, log in using your email address and password
- On your screen, you will be able to see several options, including ‘Withdrawals & Payments’ option on the menu bar. Click it and then tap on the ‘Send Wires’
- Key in the account details of the recipient. This also includes the amount that you want to send and the tap on the ‘Next’ option.
- Key in other details of the recipient such as the name, phone number, address and then tap on the ‘Next’ option.
- Enter the bank information of the recipient
- Check and establish whether there are any fees for the transaction you are about to make. Once you are convenience that everything is okay, tap on the ‘Next’ option.
As you purpose to make the above-mentioned transaction, brace yourself for a $25 transaction fee. Also, the maximum amount you can transfer to another person’s bank is $1000.However, the maximum amount you can move to your external bank account is $10000.