Yotta is a mobile banking platform that combines traditional banking features with innovative elements designed to incentivize savings and offer a gamified experience. With an account at Yotta, users can expect no monthly fees, access to a network of fee-free ATMs, and a high-yield savings account that earns interest. One of the unique offerings from Yotta is their weekly random number drawings, where users can win prizes ranging from small cash rewards to large jackpots, based on the numbers they've collected by saving money. The platform's design encourages users to increase their savings in order to enhance their chances of winning, thus promoting financial well-being alongside an exciting user experience. The user interface is typically simple and intuitive, allowing for easy navigation through various banking tasks directly from their smartphones.
Yotta is currently available for residents of the following countries:
United States
24/7 availability- anytime, anywhere
No matter where you are, at home or abroad, you can access your Yotta account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Get approved fast
Opening an account with Yotta is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. Yotta doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Lower fees
Another main reason to use Yotta is the low (or no!) fees. Yotta has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, Yotta offers zero fees on all transactions, including purchases made overseas!
Makes traveling easier
Yotta = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
Go paperless
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With Yotta everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.
