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Discover how to improve your financial situation in the USA. Practical tips for saving and investing wisely. Empower yourself financially with us!

Differences between savings and checking accounts

September 4, 2024

We want you to always be informed and learn together with MyBambu, which is why today we want to talk to you about two of the most common types of accounts: checking and savings accounts. When you arrive in a new country seeking new opportunities, managing your money is extremely important as it is one of the pillars for building a stable life. Let’s start with the basics: What is a checking account? It’s a financial tool you

Differences between debit and credit cards

August 28, 2024

This time we want to tell you about the different types of cards available on the market. Since there are many options, we will focus on the most common ones: debit and credit cards. Currently, both are very useful tools, and if you do not already have a debit card, after reading this article, you might want to get one with MyBambu. It is easy and secure. Let us start by understanding what a card is. It is

Health Insurance for immigrants in the United States: what you need to know

August 21, 2024

At MyBambu, we always strive to provide the best for our customers, which is why today we bring you an article about health insurance and its importance. We know that in the United States, accessing quality healthcare services is essential for maintaining health and well-being. However, finding the right health insurance can be a challenge for everyone. Whether you have just arrived in the U.S. or have been living in the country for some time, understanding your health

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MyBambu is not a bank. The MyBambu deposit account and MyBambu Visa® Debit Card are issued by Community Federal Savings Bank, Member FDIC. Not all financial services available through MyBambu are offered by Community Federal Savings Bank, refer to each service’s agreement and/or terms and conditions for further information.

BY USING THIS CARD, YOU AGREE TO THE TERMS AND CONDITIONS OF THE MYBAMBU DEPOSIT ACCOUNT AND CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. The MyBambu Visa® Debit Card is issued by Community Federal Savings Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. This card can be used everywhere Visa® debit cards are accepted.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT — To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: when you open an 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.

1. Register and open a MyBambu account using your country’s official ID; we do not verify your immigration status.

2. No monthly Fee, No Overdrafts, No minimum Balance. An inactivity fee may apply after 12 months.

3. Extra fees, such as, transfer fees, intermediary bank or foreign exchange charges, may apply.

4. Offer valid only when your referred friend opens a new MyBambu account and is verified.

5. Visa’s Zero Liability Policy does not apply to certain commercial card and anonymous prepaid card transactions or transactions not processed by Visa. Cardholders must use care in protecting their card and notify their issuing financial institution immediately of any unauthorized use. Contact your issuer for more details. https://usa.visa.com/pay-with-visa/visa-chip-technology-consumers/zero-liability-policy.html

6. International money transfers are not offered by Community Federal Savings Bank. The International Transfer Service is provided by Spectrum Global Payment Services. From time to time, MyBambu may offer promotions related to the use of this service. Extra fees, such as transfer fees, intermediary bank charges, or foreign exchange fees, may apply. Regular fees will apply according to MyBambu’s fee schedule at the conclusion of any promotion. MyBambu reserves the right to change or end any promotion at any time.

7. Card funds will be held at or transferred to Community Federal Savings Bank, Member FDIC. While there, card funds are insured up to $250,000 by the FDIC in the event Community Federal Savings Bank fails if specific deposit insurance requirements are met. FDIC insurance does not apply to non-bank deposit products.

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FOR CUSTOMER SERVICE CALL MyBambu at 1-833-882-2628

P.O BOX 3811 West Palm Beach Fl 33402.