At a traditional financial institution, checking accounts hold your money and provide instant access but offer virtually no returns. Americans pay an average of $329 per year in bank fees but receive very little back in terms of interest. Despite this, an overwhelming number of people continue to leave their balance sitting idle in a traditional checking account when their money could be working for them.
Finch’s all-in-one checking and investing account lets you earn investment returns directly on your checking balance while providing instant access to your money (even the invested part!). There are no account minimums, hidden charges, or monthly maintenance fees. When it comes to pricing, we offer two simple subscription plans, and you can start for free!
What Finch Offers
Finch integrates the conveniences of checking and the wealth-creating powers of investing into a single seamless account. What does this mean? You can start earning actual returns on your checking balance, from day one, no matter what your account balance is.
This is all without needing to significantly change the way you manage your money today. Once you open an account with Finch, you can deposit and spend just like you would with a checking account from traditional institutions or online banks. When it comes to your investments, we manage the rest.
Our goal is to help you put your money to work, and with our all-in-one checking and investing account, it’s never been easier.
How it works
Opening a Finch account is easy. There are no minimum deposit requirements, and you can start for free. Opening an account with Finch does not impact your credit score.
Finch makes it easy to put your money to work!
When you sign up for your Finch account, we ask you a few questions to determine your risk tolerance and goals. We use this information to provide you personalized investment recommendations and guidance as you build your portfolio. Finch only offers a curated set of large, diversified, low-cost stock and bond ETFs created by some of the world’s largest asset managers. This is to make selecting your investments simple while managing risk to a level that is appropriate for your checking account.
With your portfolio selected, your investments are put on autopilot, and your balance is put to work for you.
Unlike typical checking accounts, Finch helps you go beyond earning returns based on the interest rate and enables you to earn returns based on market performance.
From here, you can deposit into and spend from your Finch account just like you would from typical bank accounts. When it comes to your investments, we’ll manage them for you. Your investment returns are posted to your account each business day and are automatically reinvested as are any dividends you receive. When you deposit or spend, we use fractional shares to rebalance your investment portfolio to keep you at your portfolio mix. This makes saving money and managing your personal finance a whole lot easier!
Finch is the first account to offer instant access to invested balances. This means you can access your money just like you would with a typical checking account:
- Make a purchase
Use your Finch debit card anywhere Mastercard is accepted. You can add your debit card to your Apple wallet if you prefer not to use the physical card.
- Withdraw cash at any ATM
Use your Finch debit card to withdraw cash from any bank ATM. For fee-free access, use any of the 55,000+ ATMs as part of the AllPoint network.
- Transfer Money
You can transfer money to your linked accounts at any time.
The Features & Benefits of Opening a Finch account
Finch offers features and benefits that are game changing.
- No hidden fees
- Entire balance automatically invested
- Instant access to your balance
- Personalized investment recommendations
- Integrated checking account and investing account
- Free basic account
- Commission-free trading
- Free bank transfers
- Added debit card security
- Free withdrawals at over 55k ATMs
In addition to these features and benefits, we’re backed by a FDIC insured bank and SIPC insured broker dealer so you can rest easy knowing your money is protected.
How to get started:
Finch provides a better way to grow and take control of your personal finances. Here’s how to get started:
- Download our mobile app for iOS
- Open an account
- Deposit your money into your account
- View our personalized investment recommendations
5. Select your package and portfolio mix
6. Earn investment returns on your entire balance
7. Access your money instantly, even the invested part!
Ready to Fly with Finch?
Finch is а one-of-a-kind checking and investing account designed to help you spread your wings. Download our iOS mobile app and start putting your money to work today.