BäNGK is on a mission to make banking honest, simple, and accessible.
We started BäNGK to provide low cost banking services to people who deserve them – and made banking honest, simple, and accessible. BäNGK offers prepaid card accounts to the youth (not yet banked) and all other unbanked, underbanked & unhappily banked without the hassle and fees of a traditional bank.
Debit cards, not credit cards, account for 70% of all non-cash payments in the USA. Yet, credit cards earn rewards while debit card users pay fees averaging nearly $5 for an out-of-network ATM withdrawal and last year banks and credit unions charged Americans more than $30 Billion in overdraft fees alone!
U.S. households with checking accounts spend more than $10 Billion each year - just from 3 types of fees: overdraft, ATM & monthly maintenance. If those households switched to a BäNGK Prepaid Mastercard®, they’d save mor than $7 Billion altogether in just one year!
We’re working with the best partners in the industry to create sustainable and affordable prepaid card accounts you can use everywhere Debit Mastercard is accepted.