Get your paycheck in betterbank.app and claim $5000 of no-fee insurance in case of a medical emergency. We help cover! 🚨 E.R. 👩⚕️ Medical bills 🏠 Rent 🛒 Groceries 💼 Lost income 💯 Not a loan, no need to pay us back. 🕊️Benefit-Corp 👉Read our story
Hey there PH!
I am Kaushik, co-founder and CEO of betterbank.app!
We are two brothers who built betterbank after struggling with medical debt ourselves. As freelancers living in NYC, we realized the biggest challenge to our finances was a one-off medical emergency that left us with hospital bills and unable to work for a while. This is true for the majority of Americans.
So we built a checking account that comes with a free emergency fund!
The emergency fund is an insurance policy that will pay up to $5000 directly in your betterbank account in case of a medical emergency. It's not a loan, you don't have to pay it back. We can help cover out-of-pocket expenses that health insurance doesn’t cover like deductibles, lost wages and even rent!
We fund the insurance safety net using “interchange fees” i.e everytime you use the betterbank debit card, we get a small % from the merchant which means zero fees for you! We are starting to onboard our first users so comment below or hit us up at founders@betterbank.app if you are interested!
Cheers
Kaushik & Saumik!
P.S: we are all ears for any medical debt horror stories that you may have! Please share :)
@betterbank@kaushikktiwari Hi Kaushik,
I really like the idea. I wish I could have used this in India.
The website cleared all the doubts I had about the product, its clean, minimal and to the point. Keep going, brother.
@betterbank@kaushikktiwari YO BRO!!!!!! THIS IS SO AWESOME!!!! omg, glad you guys are fine. The blog is really inspiring! Glad this app is launch. Congratulations on the launch!!!!! Much love from me, from Singapore 🇸🇬
@jamessm Oh Canada! :) The safety net is valuable regardless of medical bills. We pay you cash that you can use in anyway you want---recovering from an injury can mean taking ubers instead of public transit we can help cover that, or not being able to work--we can pay for lost wages! We will keep Canada on our mind! Have a great day and thanks for stopping by with such kind words!
This is the founder. This comment is misinformation. We decided that the business was unsustainable because the economics of interchange was irregular and the friendly fraud + chargebacks made it unsustainable. We decided to close down the app and it was communicated to users. All customer accounts were closed in an orderly fashion with due notice--our banking partner handled the shutdown of accounts and any remaining funds were transferred to user's connected bank accounts or sent by check to their address. Please do not share mis-information and tarnish the reputation of a hard-working team. Business failure is a common fact---and is painful to the team behind it---to have such comments do not help anyone. Thank you.
betterbanking.app
betterbanking.app
betterbanking.app
F*ckOff
betterbanking.app
Clockk
betterbanking.app
Clockk
betterbanking.app
Hoverify
betterbanking.app