Radius Bank integrates with NerdWallet
Digital bank Radius Bank announced its partnership with personal finance website and app NerdWallet to offer Radius High-Interest Savings, an online high-interest savings account available directly to consumers through the NerdWallet mobile app. This partnership is the first of its kind for NerdWallet, with Radius being the only bank partner to integrate account opening directly with its technology, allowing users to easily apply for a new account without leaving the NerdWallet app.
Upon completion of the online application through NerdWallet, Radius Bank account holders will receive an annual percentage yield (APY) on all balances, no monthly fees and a complimentary ATM card. They will also gain access to Radius Bank’s online banking portal and mobile app for additional features and functionalities to improve their financial health, including access to its marketplace offerings and Money Management Academy.
“We have long admired NerdWallet’s rigor and success in offering the tools and honest advice that people need to make intelligent decisions about their finances. We’re excited to launch this partnership that makes applying for and opening an account within the NerdWallet app easier than ever.” – Mike Butler, President and CEO of Radius Bank.
Utilizing the Bank’s open API technology created with Treasury Prime, this partnership represents a continued commitment to technology infrastructure and comes on the heels of Radius’ other fintech partnerships this year, including Brex, MaxMyInterest, Wallit, NorthOne, Stackin’ and more. By seamlessly integrating with other service providers, Radius can focus on providing a best-in-class customer experience by bringing banking directly to where customers expect it.