T-Mobile enters the mobile banking scene, promises “massive money” for its customers

T-Mobile has always tried to separate itself from the other three major carriers with its interesting business decisions. The latest one is the reemergence of its bank services, SlashGear tells us. Reemergence because T-Mobile gave it a try four years ago, but that lasted only two years before it was shut down.

Now, T-Mobile Money is here and its main benefits seem to be the high interest rates on your deposits and no pesky fees. But before we get to that, you’re probably wondering, how can a mobile carrier suddenly become a bank? Well, for starters, T-Mobile is partnering with BankMobile, ...