Here are some answers to common question employees ask us about the TIFIN @Work bank account offering. If you have other questions, contact us, we are happy to help!
TIFIN @Work is no-fee banking with a debit card and built-in budgeting and savings tools. Your employer pays the fees so you don't have to. TIFIN @Work helps you financially grow and keep your money safe.
Your debit card can be used anywhere Mastercard is accepted and cash can be withdrawn from any of the 55,000 free ATMs in our network. You can access your account 24/7 via the TIFIN @Work mobile app.
Your account is FDIC insured by Piermont Bank and your employer will never see your transaction data, balances, or any personal information. TIFIN @Work is your private and personal bank account and you keep it even if you leave your employer.
No you’re not required. But we think you should sign up to get access to all of TIFIN @Work's benefits to potentially save over $300 each year in bank fees alone.
Once you sign up for TIFIN @Work, you will be able to ask questions directly in the app. For now, feel free to email us at workplace@tifinwealth.com
There really are no fees whatsoever to use TIFIN @Work! Your employer pays all the fees so you get no monthly fees, no minimum balance requirements, no overdraft fees, and free access to 55,000 ATMs throughout the world.
Currently we do not offer joint accounts.
TIFIN @Work does not run a credit check on new customers.
Your TIFIN @Work bank app makes it easy to take control of your finances. Challenger’s Savings Goal helps you track savings towards a specific goal.
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. 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.
TIFIN Wealthtech LLC is a financial technology company, not a bank.
Banking services are provided by Piermont Bank, Member FDIC ("Piermont Bank"). The TIFIN @Work Mastercard®️ Debit Card is issued by Piermont Bank pursuant to a license from MasterCard International and may be used everywhere Mastercard debit cards are accepted.
