Radius Bank Review – The Online Bank For Goal Setters

This post may contain affiliate links, meaning I receive a commission for purchases made through these links, at no cost to you.

Are you looking to make the switch to online banking? You may have heard that online banks offer quite a few benefits compared to your typical brick and mortar bank. This is because online banks have less overhead costs meaning (you) the customer get to benefit more.

Radius Bank is an online-only bank that offers a wide variety of benefits for anyone looking to make the switch to online banking.

I was on the fence for years regarding online banking and I only just made the switch a year ago. For some people, online banking seems insane but for the most part, people don’t need to go to the bank anymore.

Before we get started, make sure to sign up for my free resource library and get tons of free printables to help change your financial life.

What is Radius Bank?

Radius Bank is an online-only bank that offers a list of benefits for customers. 

You can deposit checks through the mobile app, get cash at thousands of ATMs for free (Radius Bank even refunds you any fees the ATM might charge).

You can even turn your debit card on and off for extra safety. You can set alerts, transaction restrictions, and even spending caps. 

Who is Radius Bank for?

Radius Bank is for anyone who wants the convenience of online banking. It’s also for anyone who wants to create and achieve financial goals. Radius Bank offers quite a few tools for people who want to budget, track their net worth, or pay off debt. 

The Radius Bank app also includes Goalkeeper, which we will talk about later in this post. It’s a really handy tool for goal setters.

Benefits of using Radius Bank

  • Higher returns on accounts (currently .15%)
  • Free ATMs worldwide with NO fees
  • Radius Bank refunds ATM fees charged by other banks
  • Unlimited cash back on online and signature-based “credit” transactions made with a Radius debit card
  • Get your paycheck up to 2 days early by setting up direct deposit with Radius Bank
  • FDIC insured up to highest amount allowed – $250,000
  • Pay bills and friends via scheduler
  • Mobile check deposit so you can deposit checks from anywhere with the app

Opening a Radius Bank account takes less than 3 minutes. Get started here.


The Radius Bank mobile app also includes Goalkeeper. Goalkeeper helps you create financial goals and actually achieve them. You can start saving money for a rainy day fund, a down payment for a new house, or pay off credit card debt with Goalkeeper’s help.

Goalkeeper uses technology to figure out how much you can safely save and they take it from there. Goalkeeper can even help you find extra cash you need to hit your savings goals.

This is how Goalkeeper works:

  1. Access Goalkeeper through the Radius Bank mobile app.
  2. Create a goal and pick a name for it. Select a photo of your goal.
  3. Set an amount you want to save and create savings rules. 
  4. Goalkeeper does the rest.

Goalkeeper is free to use and let’s you create unlimited goals.

Radius Bank finance tool 

Radius Bank also includes financial tools including:

  • Creating a budget
  • Track your spending
  • Analyze trends for better spending habits
  • Develop a plan to pay off debt
  • Keep track of your net worth

What does Radius Bank offer?

  • Checking accounts
  • Savings accounts
  • Certificates of deposit
  • Credit cards 
  • Overdraft protection
  • Loans
  • Mortgages

How to get started 

  1. Get started by opening a Radius Bank account here.
  2. You only need $100 opening balance. After that, there are no minimum balance requirements or fees associated with that.

Do I recommend Radius Bank?

Yes. Radius Bank is not only an online-only bank for the customer who wants convenience, but you also get access to financial tools that other apps charge monthly fees for. Radius Bank helps you create a budget, pay off debt, track your net worth, and create financial goals with Goalkeeper.

You’re not stuck wondering what to do with your money. The Radius Bank mobile app helps you become responsible with your finances. Radius Bank has elevated the banking experience by giving you these tools so you know you’re making the best decision for your money.

Final Note

Online banking is modernized in a way that your local brick and mortar isn’t. You get access to tons of amazing free financial tools (like the budget and net worth tool) just for being a Radius Bank member. Until brick and mortar banks do the same, I’ll be sticking to online banking. 

Opening a Radius Bank account takes less than 3 minutes. Get started here.

Related articles:

Don’t forget to sign up for the free resource library and get exclusive access to free printables & planners related to saving and making money, meal planning, and more!

Are you taking advantage of online banking?

Like this post? Share it!

Free Printable Resource Library

Join 10,000 others to get access to 20+ free printables related to achieving financial freedom, starting a side hustle, and other fun goodies!

We will never send you spam. Unsubscribe at any time. Powered by ConvertKit