Friday, September 20

If you don't have a bank account in the United States: the Majority app operates like a bank from your mobile

Majority is a mobile application that works as if you had a bank account on your mobile phone. It was designed with the immigrants who are not banked to carry out the transactions that you could do in any regular bank.

Through this application, with so Just pay $ 5 per month you can have access to a debit card to use at any ATM in the Allpoint ATM network . You must take into account that some ATMs have local charges with the withdrawal of cash.

Your bank account will be protected by the “Federal Deposit Insurance Corporation” (FDIC), a federal entity according to which the 30% of Hispanic immigrants do not have a bank account or do not have access to regular banking.

The services offered by Majority are:

  • Bank account: in which you will be able to receive the deposit for your salary, without the need for balances or minimum deposits.

    • Visa debit card : which offers local discounts. No surcharge fees, no foreign transaction fees; and you will have more than 55 thousand ATMs that do not charge commission.

  • Money transfers: with competitive exchange rates in the market. Guarantees fast and safe delivery.
  • Mobile top-ups : with immediate delivery and no commission charges. It offers more than 55 destinations, including Cuba and Colombia.
  • International calls: with low rates. To some countries the calls are free , as is the case of Mexico .
  • And even offers advisors personal or multi-lingual customer service.
      • This App was developed in Houston, Texas, by an immigrant who studied at the University of Miami and now at the end of May will open offices in the city of Miami in Florida.

      The Miami office opens its doors on 28 of May in “Little Havana” , town in which the majority of residents are precisely Cubans, Central Americans and Mexicans. These offices will be located at 1756 SW 8 St, Suite 96, in Little Havana.

      How to open an account in Majority

        1. The first thing you should do is download the application.
        2. Then you are going to supply an identification number: Social Security or Tax ID.
        3. If you attend personally to the offices, they will help you open your account. In this case, the advantage is that you will get the debit card immediately.

          4. If you are a Majority customer you can request an account statement , which will allow if They ask for proof of income for a loan, you will obtain it. It must be clarified that through this application it is not possible to request credits.

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