Here are some answers to common question employees ask us about the Challenger bank account offering. If you have other questions, contact us, we are happy to help!
There really are no fees when you sign up through your employer! We don’t charge you monthly fees, no monthly minimums, and no overdraft fees. In addition, you get access to 55,000 free ATMs around the world.
Challenger gives you access to 55,000 free ATMs throughout the world. If you use an out-of-network ATM you may get charged a fee by the owner of the ATM.
We currently do not allow multiple accounts from the same person.
Although we don’t offer a savings account, we offer ‘Saving Spaces’ within your checking account to help you save towards goals.
Yes! As long as they are 18 years or older, have a social security number, have a street address in the US and are not on any government watchlists they can sign up for a Challenger account.
Currently we do not offer joint accounts.
Challenger does not run a credit check on new customers.
No, we respect your privacy. Your employer cannot see any transaction data or balance information from your account.
Here are some answers to common question we are asked about the Challenger Financial Wellness Program. Contact us with any other questions, we are happy to help!
They can keep their Challenger account. They may lose access to specific Financial Wellness features. Also the employee will no longer show up in the employer dashboard. The employer will no longer be charged for that employees access to Challenger.
Challenger is not a bank. We partner with banks to offer awesome banking services to employees.
No. There are no additional regulatory requirements for an employer offering their employees bank accounts through Challenger.
No, we respect employee privacy. You cannot see any transaction data or balance information for your employees.
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