What is Money Penny and how does it work?
Money Penny is an AI-powered assistant that allows users to manage their money through simple spoken or typed conversations. It can be used to send payments, split bills, and track spending, providing intelligent banking with a helpful and honest personality.
How does Bloxley protect my money?
Bloxley employs banking-level security with encryption walls meeting PCI standards. Accounts are federally insured up to $250,000 by the NCUA. It also uses intelligent authentication to recognize spending patterns and a hybrid fraud defense system combining human specialists with AI to prevent unauthorized and sophisticated authorized fraud.
Can I use Bloxley for international transactions?
Yes, Bloxley supports global money transfers to over 100 countries. Higher membership tiers, such as Plus and Premium, offer discounts on international transfers and fee-free cash withdrawals abroad.
What are 'Pockets' and how can they help me manage my money?
Pockets are a feature designed to help users organize and save their money more intelligently. They allow for a smarter way to categorize and put aside funds for different goals or expenses within the Bloxley app.
What are the differences between the Basic, Plus, and Premium memberships?
The Basic membership is complimentary and includes essential features. The Plus membership, for $2.99/month, adds perks like global transfer discounts and priority support. The Premium membership, for $7.99/month, offers exclusive access to all features, premium metal-feel cards, and first-in-line phone support, along with higher cash withdrawal limits and greater international transfer savings.
Is Bloxley a bank?
Bloxley is a financial technology company, not a bank. Banking services are provided by Mbanq’s banking partner, North Bay Credit Union, Member NCUA. Deposits are NCUA-insured up to $250,000 per depositor, per account category.