Greenwood vs h.way

Greenwood is the new financial home for the Black and Latino communities. Become one of the 500,000+ who have joined the movement. When you open an account through Greenwood, you can save money, help the community, and get paid early. Greenwood is a financial technology company, not a bank. Banking services provided by Coastal Community Bank, Member FDIC. Deposits are insured up to $250,000 per depositor. FDIC insurance only covers the failure of an FDIC-insured bank. FDIC insurance is available through pass-through insurance at Coastal Community Bank, Member FDIC, if certain conditions have been met. The Greenwood Debit Mastercard® is issued by Coastal Community Bank pursuant to a license by Mastercard International. DIGITAL SAVINGS AND SPENDING ACCOUNTS Whether you’re putting money aside to build towards your goals or seeking a spending account that makes your money go further, Greenwood has an account to support you. Open a savings account today with no minimum or monthly fees and earn 4.15% APY. Our spending account includes a Mastercard-branded debit card with a wealth of benefits including, zero liability, identity theft protection, and global emergency services. INVEST IN YOURSELF. NOT FEES. No overdraft - no fees No ATM surcharge fees at participating locations No minimum balance fees No peer-to-peer transfer fees JOIN US. PAY IT FORWARD. When you open an account through Greenwood, you save money and help the community. Recirculating wealth in our communities is at core of why we exist. Feed 5 meals to a family through Goodr when you create an account. Give to UNCF and NAACP through spare change round-ups. CONTACTLESS SERVICES USING APPLE PAY AND MOBILE DIRECT DEPOSIT FOR QUICK AND SECURE PAYMENTS. Pay at participating grocery, retail and other stores  with your mobile device Complete purchases online without entering your card number Get cash back with qualifying debit transactions. Maintain peace of mind with Mastercard's zero liability policy for unauthorized purchases. Deposit checks into your spending or savings account 24/7 right from your mobile device, no branch or ATM visits required. FEE-FREE ATM WITHDRAWALS WORLDWIDE Withdrawals at Allpoint, Moneypass, Wells Fargo and PNC ATMs are surcharge free. GET PAID EARLY With direct deposit, you may receive your payroll and other ACH deposits as soon as they’re available – often as much as two days before your actual pay date. EARLY DIRECT DEPOSIT Direct Deposit early availability depends on timing of payor’s payment instructions and fraud prevention restrictions may apply. As such, the availability or timing of early direct deposit may vary from pay period to pay period. MASTERCARD ZERO LIABILITY POLICY Mastercard's Zero Liability Policy covers U.S.-issued cards and does not apply to certain commercial card transactions or any transactions not processed by Mastercard. You must notify your financial institution immediately of any unauthorized use. For specific restrictions, limitations and other details, please consult your issuer. APY The Annual Percentage Yield (APY) for savings accounts through Greenwood is variable and is subject to change at any time. The disclosed APY is effective as of May 22, 2023. An account must have $0.01 in savings to earn interest. The national average is 0.40% APY as of May 15, 2023. Obtained from FDIC.

h.way allows you to do MONEY YOUR WAY. Sign up with your passport or valid license; no SSN is needed if you don't have one. Keep your account WITHOUT having a minimum balance and without surcharges. Plus, your funds will be kept in an FDIC-insured institution. We understand our community's money culture and have created an experience around it. Our goal is to help our community spend wisely, save, and invest for progress. Our benefits include: -Mastercard® debit card, with ID Theft Protection, which helps protect against identity theft 24/7. -Early payday: cash your paycheck up to two days earlier -Apple Pay and Google Pay -Access to around 55,000 ATMs without surcharges -Send money to other h.way users instantly and without surcharges. -Freeze and unfreeze your account from the app. You can learn more about h.way by visiting our website, www.h-way.com, or downloading the h.way app. * For Terms and Conditions, visit www.h-way.com. ** YOUR FUNDS ARE INSURED UP TO $250,000 BY THE FDIC IN THE EVENT METROPOLITAN COMMERCIAL BANK FAILS IF SPECIFIC DEPOSIT INSURANCE REQUIREMENTS ARE MET, AND YOUR CARD IS REGISTERED, visit https://www.fdic.gov/deposit/deposits/prepaid.html *** The h.way prepaid Mastercard is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a lincese from Mastercard. "Metropolitan Commercial Bank" and "Metropiolitan" are registered trademarks of Metropolitan Commercial Bank ©2020-2022