SelfBank Mobile Knowledgebase

Are there any charges for signing up to SelfBank Mobile?

All user Mi accounts are 100% FREE to sign up for! The only fees that are charged   (when you do not have a VIP User account or Merchant account)  is for when doing a P2P transfer, and these fees are approximately $0.25 cents per transfer.  VIP and Merchant accounts are free to sign up, but have a monthly 'flat' fee.  For VIP user account, for $3.95 you get up to 15 P2P transfers and up to 50% higher cashback rewards from your purchases than the regular user account. If you take advantage of the refer 5 program and refer 5 other VIP account holders, then as long as they are active, your monthly fee is waived!  For Merchant accounts, there is a $49.99 + tax monthly fee to cover maintenance, administration, and advertising listing of your merchant account.  During pre-registration phase, the $499.00 setup fee is waived. Also, if you take advantage of the refer 5 program and refer 5 other Merchant account holders, then as long as they are active, your monthly fee is waived as well, just like the VIP account!


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Last Updated
24th of February, 2009

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