Unbanked Americans: Alienated – The Economist

The fresh way to manage money.

Unbanked Americans: Alienated – The Economist

The Economist article, “Unbanked Americans: Alienated,” speaks to the plight of people living and working in the United States without traditional banking services. Mango Financial has been highlighted as a provider of alternative, low-cost, money management tools to help these individuals get the most out of their hard-earned wages.

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BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. The Mango Prepaid Mastercard is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.

Card program marketed and administered by Praxell, Inc.

Important information for opening a card account: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires all financial institutions and their third parties to obtain, verify and record information that identifies each person who opens a card account. What this means for you: When you open a card account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Use of the Card is subject to funds availability. Fees, terms and conditions apply. See the Cardholder Agreement for details. All trademarks, service marks and registered marks are the properties of their respective owners.

*The Annual Percentage Yield advertised of 6.00% may only apply to a portion of your Savings balance. Monthly signature purchase requirements apply. See Savings Feature Customer agreement for additional details. The Mango Savings Feature is not provided by Metropolitan Commercial Bank.

**Standard message and data rates from your wireless service provider may apply.

*See Fee Schedule A in Cardholder Terms and Conditions

Rate is accurate as of October 26, 2018. At our discretion, we may change the interest rate on your Savings Feature. We may change the interest rate on your Savings Feature at any time.

FOR CUSTOMER SERVICE CALL PRAXELL, INC., MANGO MONEY AT 1-855-687-2036

IMPORTANT 1099 NOTICE: Mango has sent 1099 documents by email to all Mango Savings Feature Holders who received interest payments of at least $10.00 in 2019. If you haven’t received it, please check your spam folder and confirm your email address is correct. If you did not receive it, please send an email with the last 4 digits of your card number, first name and last name and complete phone number and address with zip code and last 4 digits of your SSN for verification purposes to: mangosupport@praxell.com or call 855-687-2036.