Neobanks Explained: Why It's Not a Bank | NerdWallet
YouTube Viewers YouTube Viewers
144K subscribers
876,657 views
0

 Published On Apr 12, 2022

Neobanks are financial technology — or fintech — companies that typically offer mobile-focused banking accounts with eye-catching features such as low-cost credit or cash-back rewards. Some established neobanks offer loans, credit cards or investing products, too. This week our banking expert, Chanelle Bessette, joins us to chat through the key differences and why a Neobank might be right for you.

Suggested Articles:
19 Neobanks and What They Offer: https://www.nerdwallet.com/article/ba...
What Is a Neobank? https://www.nerdwallet.com/article/ba...
Tired of Your Big Bank? Consider These 4 Alternatives: https://www.nerdwallet.com/article/ba...

#NerdWallet #Versus #Banking

About Versus:
Versus is all about financial decisions and weighing your options. Our financially-savvy Nerds break down two similar product or services explaining why they are different and who they work well for. In the end, you will have an understanding of each option and what could work for you!

Subscribe to NerdWallet - https://bit.ly/3wGvVf3

About NerdWallet:
We’re NerdWallet. And we’re not your typical finance company. We believe that everyone should be able to make financial decisions with confidence. We’ve built a team of Nerds with the knowledge, passion, and skills to make that happen. Thanks to our Nerdy experts, see side-by-side comparisons and objective reviews of the best credit cards, bank accounts, and so much more — so you can get even more financial clarity. It’s the smartest decision for all your financial decisions.

Disclaimer: This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank accounts or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here.

Connect with NerdWallet:
Follow NerdWallet on TikTok:   / nerdwallet  
Follow NerdWallet on Instagram:   / nerdwallet  
Follow NerdWallet on Twitter:   / nerdwallet  
Follow NerdWallet on Facebook:   / nerdwallet  
NerdWallet Website: https://nerdwallet.com

Neobanks Explained: Why It's Not a Bank | NerdWallet
   / nerdwallet  

show more

Share/Embed