patrickmro

15 ms·

31.
by patrickmro 8y ago
We are exactly competition with cc's since we are a digital bank offering a debit card, and checking/savings accounts. We are targeting a different type of user that: 1. Do not qualify for a rewards card or have a dis-dain for cr
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by patrickmro 8y ago
Noted!
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by patrickmro 8y ago
This is helpful, thank you. Point works with Apple & GPay. You can instantly issue new virtual cards when ever you would like to. You can update your address right from the app (2FA required). Your balance is FDIC insured, so this isn&#
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by patrickmro 8y ago
1. No points for non travel/dining currently 2. $0.01 = 1 point
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by patrickmro 8y ago
Tap on "Reserve Your Account"
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by patrickmro 8y ago
Congrats! It will look nice next your Point card :)
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by patrickmro 8y ago
Yes, the rewards will be. For fraud protection there is 0 liability and we will credit you with the disputed amount instantly and there are several security features built into the card to protect you (on/off switch for ATM withdraws,
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by patrickmro 8y ago
Also wanted to mentioned, we offer a virtual card for online purchases as a security pre-caution.
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by patrickmro 8y ago
We have zero liability backed by MasterCard, so if there is a charge you don't recognize we will refund you right away and take it up with the merchant instead of leaving you with $X amount less in your bank account.
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by patrickmro 8y ago
We don't have the power raise merchant fees that's dependent on the card networks (mc, visa, amex). Our card is designed for people who don't/can't have an elite card but want to enjoy the benefits such as spending
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by patrickmro 8y ago
Thanks for bringing this to our attention, it's definitely something we will keep in mind as we grow. Appreciate the brutally honest feedback, it's usually the best kind :)
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by patrickmro 8y ago
Thanks for sharing! What we meant is that we are the first debit card with meaningful rewards that are comparable to those of a credit card. Re security: We allow you to have full control over the card for enhanced security: Ex: You can set
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by patrickmro 8y ago
Hi! You're correct $0.01 = 1 point. Initially points are redeemable for cash-back, eventually we will partner with different merchants where you will also be able to redeem points.
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by patrickmro 8y ago
Our partner bank is Evolve Bank & Trust and the debit card is a MasterCard.
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by patrickmro 8y ago
Awesome to hear! We believe there is a fundamental shift towards debit especially as the new generation is burdened with student load debt and has a stronger disdain for credit cards due to growing up in the 08/09 financial crisis.
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by patrickmro 8y ago
Hey! 1. It's MoneyPass. 2. With Point you get a checking account and high interest savings account by default. The savings account pays out the 2% APY interest on a monthly basis.
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by patrickmro 8y ago
Haha - we are not related!
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by patrickmro 8y ago
We are initially focusing on life style oriented rewards similar to the Chase Sapphire Reserve credit card.
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