Mymo Spending is a full-featured deposit account. Your account can receive direct deposits and it supports pre-authorized withdrawals and interbank transfers through the automated clearing house (ACH) Network.
With the Mymo Spending Account you can also open a Mymo Debit Card.
Mymo Spending Account is insured up to the standard maximum deposit insurance amount of $250,000 through our partner bank, Matabank, Member FDIC.