Albert App Review 2022 | Bank & Invest

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Albert is a popular finance app that is becoming quite popular for its many unique benefits including:

  • 1 on 1 genius advice where you can ask finance experts advice at any time
  • Paychecks up to two days early just by setting up direct deposit
  • Albert tracks your income, spending, and regular bills and determines how much they think is safe to save and automates it
  • No hidden fees, no minimums, no instant fees, no overdraft fees
  • Investing section that lets you pick your own stocks or choose a theme like sustainable businesses 
  • Cash back on gas, groceries, delivery, etc. Subscribers earn an average of $2.00 per tank of gas and $1.50 per fast food order

Here’s everything you need to know to successfully use Albert.

Cash

Albert lets you set up direct deposit with Albert Cash. You also get the option of getting your paycheck up to two days early. You can save and invest money directly in the Albert app. You can also spend money with your Cash debit card.

Albert is not a bank. Banking services provided by Sutton Bank, Member FDIC.

Earn cash back rewards

Genius subscribers get cash back on gas️, groceries, delivery, and more when they spend on their Albert debit card. Subscribers earn an average of $2.00 per tank of gas and $1.50 per fast food order.

Get paid up to 2 days early

Get access to your paychecks up to two days early with the Albert App just by setting up direct deposit.

Fee-free ATMs

Genius subscribers can withdraw cash fee-free at 55,000+ ATMs. Find ATMs in the app to view a map of the closest fee-free ATMs.

ATM withdrawals are fee-free for Genius subscribers at 55,000+ AllPoint ATMs. Fees may apply for non-subscribers and out-of-network ATM withdrawals.

No hidden fees

No minimum balance requirements.

No maintenance fees

No matter how low your balance goes.

No instant fees

Get fee-free cash advances, up to $250.

Instant

Albert doesn’t operate on the belief of charging overdraft fees. Instead, Albert will spot you up to $250 so you can make ends meet. There are no late fees, interest, or credit check.

Advance cash

Albert can send up to $250 from your next paycheck straight to your bank account. Just repay Albert when you get paid.

Pay a small fee to get your money instantly or get cash within 2–3 days for free.

No hidden fees. Ever.

Just one small fee to advance cash instantly. That’s it.

$0 interest

Just repay the money you advance and a small fee for instant delivery.

$0 late fees

We’ll handle repayment automatically and won’t charge a fee if your payment’s late.

No credit check

Not even a soft inquiry. So your credit score won’t be affected.

How to get $150 when you join Albert

A new way to bank, save, and invest. Earn $150 when you receive a qualifying direct deposit and use your Albert debit card.

To be eligible for bonus, receive a qualifying direct deposit of at least $500 within 45 days of sign up and every 30 days for 90 consecutive days. Spend at least $200 on qualifying goods and services with your Albert debit card every 30 days during the same 90-day period. All criteria must be fulfilled within 150 days of joining Albert. Terms apply. See app for details.

Get started with Albert here.

Saving

Albert analyzes your income and spending, finding extra dollars to save automatically. Or, set your own schedule. Get annual cash bonuses on your Albert Savings.

Smart Savings

Set it and forget it. Smart Savings analyzes your spending, income, and bills and sets aside small amounts of money throughout the week to help you reach your goals.

Savings goals

Whether it’s your emergency fund, a new place, or your next vacation — Albert can help you save toward all your goals. No matter how big or small.

More money in your pocket

Ways to save

Let Albert save for you automatically throughout the week with Smart Savings, or set your own schedule.

Cash bonuses

Get bonuses, just for saving. Albert gives you 0.10% annual bonuses — which rise to 0.25% if you get Genius.

Unlimited transfers

If you need the money you’ve set aside, there are no limits to how many times you can withdraw.

Investing

Invest with Genius. Buy stocks and themes — like companies that support a sustainable world. You can also let Genius create a custom portfolio built for your financial goals. Start with just $1.

Genius guidance

Answer a few questions and Genius will create your custom portfolio.

Stocks and funds

Choose individual stocks or invest in themes, like women-led and sustainable companies.

Auto-invest

Just turn it on and start investing automatically, on a recurring schedule.

Portfolio by Genius

Let geniuses handle it. Minimize costs and invest hands-free. Share a few details in the app and get a custom Portfolio by Genius, tailored to your unique goals and needs.

  • Guided investing, no experience needed
  • Portfolios for every goal and time-frame
  • Aggressive, moderate, and conservative options

Invest in stocks

You can also select your own investments from our curated list of stocks and funds. Access a range of trending US industries, emerging global markets, and investment themes.

  • Choose your own investments
  • Diversify your own portfolio
  • Discover worldwide industries

Overview

The Overview tab shares all of your money stats in one place. The Overview tab includes: 1) Tracking your recent bills 2) Tracking spending and 3) Tracking savings across all accounts.

Albert categorizes and tracks all of your spending. You’ll get to see trends that will help you avoid spending more than you earn.

Stay motivated by tracking how much you’ve saved and invested with Albert. View your activity by month, or compare your progress week over week.

Albert also sends alerts so you can get to know your money habits. The app tells you when they’ve discovered overdraft fees, unusual transactions, and bill hikes.

Bill negotiation

Albert app lowered members’ bills annually by $250 on average.

Subscription monitoring

Albert app flags subscriptions you may have forgotten about, so you can decide what to cut or keep.

Fee finding

Albert app identifies hidden charges like monthly and overdraft fees from across all of your accounts.

Genius

Everyone needs a Genius in their life

This is Genius — our team of real human experts. Combined with powerful technology, they give you personalized, honest money advice.

Ask a Genius

Ask us about any financial question, no matter how big or small — our geniuses are here to help guide you.

Our geniuses are with you 7 days a week to help you navigate anything. Credit cards, student loans, and budgeting to name a few.

Perks that pay

Earn up to 20% cash back when you spend with your Albert debit card. Plus, withdraw cash fee-free at 55,000+ ATMs in their network.

24/7 monitoring

Albert’s technology is always humming in the background to find you savings. 

Pay what’s fair

You trust us with your money, and we trust you too. It might sound crazy, but we think you should pay what you think is fair for Genius.

Don’t forget – Get $150 when you sign up for Albert

To be eligible for the $150 bonus, receive a qualifying direct deposit of at least $500 within 45 days of sign up and every 30 days for 90 consecutive days. Spend at least $200 on qualifying goods and services with your Albert debit card every 30 days during the same 90-day period. All criteria must be fulfilled within 150 days of joining Albert. Terms apply. See app for details.

Get started with Albert here.

 

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