This Bank Account has created the podercard For Latinos By Latinos.
If you’re first-generation, chances are your parents don’t have a lot of experience in the financial system. Most of our parents don’t have complete trust in banks and credit services here in the U.S. and you probably wish you could go with your parents to help guide them. That’s where PODERcard comes in, a completely free bank account created by Latinos to help Latinos have complete trust in their finances.
Many of us who have had a debit card and bank account probably take it for granted but today we need a debit card for just about everything including to book a rideshare to get to work. For someone on a tight budget, having a minimum maintenance fee just to have a debit card can be very expensive and even unaffordable.
PODERcard has no maintenance fee, no monthly fee and no overdraft fee. This is not common in debit cards. Again, this may not seem like a big deal but if you’re someone who is on a tight budget and it’s the end of the month, and you’re worried about making rent, these overdraft fees can leave a big dent in your account. Currently there are 19,000 ATM machines that are PODERcard friendly and these ATM machines are also free of fees.
This next benefit appeals to everyone, people on a tight budget and people with a little bit more flexibility with their spend. If you set up direct deposit, you can get your paycheck deposited up to two days faster. Who doesn’t want money sooner?
Monetary perks aside, what really sets the PODERcard apart from everyone else is the special care it dedicates to its Latino clientele. If your parents open up an account with SABEResPODER and you don’t live at home, you want to make sure they’re being taken care of and this is a great card for them.
Latinos should feel comfortable having an account because there is complete access to the account via the mobile app. The app is available in Spanish, perfect for our parents who might not be completely comfortable managing an app in English. If your parents have questions about fees or any transaction, your parents can get in touch with the bank in Spanish.
People of all immigration status should feel comfortable approaching anyone at SABEResPODER. The card is available to everyone regardless of immigration status. All you need to submit is your Social Security Number or ITIN number.
SABEResPODER has plans to continue offering financial services to Latinos. They will be rolling out a service that allows you to send money to loved ones in other countries. Preferential access and rates will be available to those who have a PODERcard. Following, SABEResPODER will offer additional services to help Latinos improve their credit score and gain more knowledge about their spending power and how to get the best use of their hard-earned dollars.
In summary, here’s how PODERcard can save you money:
- NO monthly fee
- NO minimum balance fee
- NO overdraft fees
- 19,000 free ATMS that are PODERcard friendly
For more information on the debit card created especially for Latinos and how to sign up, head over to PODERcard. New users will be invited off of the waitlist starting early January, so sign up now.
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