![]() #2 – No Monthly FeesĪ lot of banks charge “management fees” to run an account with them. You apply online, enter your details, and BOOM, you have a PLEX account. 7 Cool Things You Can Do With A PLEX Account #1 – Easy To Open Accounts But we do know a few things about how PLEX will function, such as some of its core benefits. Details are currently pretty thin on the ground. Google hasn’t unveiled PLEX just yet, merely confirmed it is coming next year. I don’t think PLEX will be quite as sophisticated as this, but at least it has something to aim for once it is out on the market in 2021. And it’s all done by AI, so I haven’t had to lift a finger. I’ve even been adding funds to a Vanguard account too. On the subject of Plum, an AI-powered money management app, I’ve managed to secret away almost £300 in several months using that app. This shouldn’t be of concern, though, plenty of apps – apps like Plum – already do much the same. Of course, you’ll have to be comfortable with Google having access to your financial data. Because your PLEX account will be seamlessly linked to Google Pay, Google’s AI will be able to monitor your transactions and spending habits and provide insight and information on your spending patterns and ways you can improve things. One of the core functionalities of PLEX is the way it integrates with Google Pay. Think of it as a bit like MONZO, just owned and controlled by Google. The second thing is that there are no fees for joining, no minimum balance requirements, no overdraft charges, and no monthly fees. ![]() Your PLEX account will live on your phone, inside the Google Pay app. What makes PLEX different from a standard bank account? Well, the first thing is that is completely mobile-first. If you’re in the US, you can now apply for a PLEX account with Citi Bank and SFCU, although Google has confirmed it is working with 11 other major banks on this initiative. And in 2021, it will give you the chance to apply for a new kind of digital bank account with trusted financial institutions – Google.īut what is PLEX? How do you get a PLEX account? And will PLEX succeed where Google Wallet failed? Let’s investigate all of this and more below… What is a PLEX Account?Ī PLEX account is essentially the same as a bank account, accept here your PLEX bank account will live inside Google Pay. It’s built with multiple layers of security to keep your money and information private and safe. It helps you save money and gives you insights into your spending. ![]() The new app is designed around your relationships with people and businesses. Starting in the U.S., we’re launching a redesigned Google Pay app on Android and iOS. Today we’re taking an important step forward in our quest to make money simple, secure and helpful.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |