Fierce

Experience the power of Fierce’s high-yield checking account with a free debit card. Get cash, make purchases, and enjoy Apple Pay convenience, all with FDIC-insured funds and zero fees. It’s your ultimate companion for financial freedom.

Features:

Earn Competitive Returns: With the Fierce Checking Account, you can enjoy a high APY of 5.25%*. It's worth noting that this account is FDIC-insured for added peace of mind.

No Hidden Fees or Restrictions: Say goodbye to fees, minimum balance requirements, and lockup periods. Fierce offers a transparent banking experience with no unnecessary restrictions.

Convenient ATM Access: Access over 55,000 no-fee ATMs with the complimentary Fee-free Fierce Mastercard Debit Card**.

An All-in-One Investment Solution: Fierce allows you to trade stocks, ETFs, and even crypto, all conveniently in one place.

Earn Yield on Your Stock: Experience the benefits of earning yield on your stock investments**.

No Management Fees: Fierce eliminates management fees, ensuring your investment returns aren't diminished.

A Holistic Financial Overview: Consolidate all your finances in one place and gain a comprehensive 360° view of your wealth.

Catered News and Insights: Stay informed with news that aligns with your interests and portfolio for a tailored financial experience.

Dedicated Live Support: We understand the importance of assistance when navigating financial matters. That's why we provide live support via phone, email, or live chat.

Comments:

5.25% is great so if you just use the banking service you're ok. But if you trade stocks you should know what to expect. Trades take awhile to be reflected in your transaction history but at least the balance updates right away. My biggest annoyance is that when you switch to another app and come back it often resets the fierce app (at least on iOS). Meaning if you had a trade set up and just wanted to check a chart one more time before confirming then you'll have to set up the trade all over again. And there aren't limit orders. It's all market prices (although collared to no more than 2.5% beyond the estimate given). No fees for stocks but crypto has a sizable fee.It is def a good bank to use as a backup to your regular broker since you earn good interest on your uninvested balance and can invest right away the full balance instead of having to wait for funds to post in excess of the maximum instant credit. Also you can pay bills from the cash the next day after selling a stock instead of having to wait to withdraw from a separate disconnected brokerage.

I have used several other online banks. I have had issues with arbitrary freezes/holds/etc. These guys don’t play games with your money. This is paramount and very important as you cannot walk into a brick and mortar to get your money.It earns the 5.25% and the customer service is excellent. Daniel and Anna are fantastic. I keep a decent balance with them and never had any problem.Only suggestion: The statements should be polished up. There is a typo at the top right hand corner that caused a mortgage underwriter during a house purchase to believe the statement I provided was fake. The top right hand corner says “electrical on demand deposits” it should say “electronic”. I did mention this to them and hopefully we see this change in the next month or so.Also they need standard ACH manual entry for external accounts. Plaid is not compatible with all institutions but most. I use a credit union that Plaid doesn’t support.Otherwise I would not hesitate on depositing money here. I hope these guys really take off.

The app itself is great and the layout is fantastic. The app has a great UI and it’s easy to find everything but it needs a dark mode amoled black option. I work a night shift and when I check my bank account, I hate getting flash banged by the bright white backgrounds. Lastly, even though the app is great, it does have lots of little bugs throughout the app. Some inconsistency in the UI and some areas of the app not using the 120hz refresh rate, and issues with stock charts not updating quickly.Also, I would recommend adding more info for the investing category. Giving better live trading charts that update in real time and adding a bit more info to stocks.

Final Verdict:

Trade stocks seamlessly with Fierce and earn passive income through FPSL (Fractional Payment for Stock Lending). Don’t miss out on earnings your current brokerage keeps for themselves. Invest in fractional shares of top stocks, commission-free. Grow your wealth with Fierce today.