Not to be confused with Level One Bank.
checking/savings does not require any additional activities to earn stated APY
1% Cashback on Debit [with $1000 monthly direct deposit]
Level offers 1% cashback on signature and online debit card purchases, not on PIN purchase. One important caveat: you need to have a monthly $1,000 direct deposit in order to be eligible for the debit card cash back.
2.10% Annual Percentage Yield on Deposits¹
1.0% Unlimited Cash Back²
Not a true checking account since you can't write checks or deposit checks, or cash.
Your deposits are FDIC-insured up to $250,000 through Evolve Bank & Trust, Member FDIC.
Need help with anything? We’re always here for you, with 24/7 support from our operations center in California.
FAQ -selected questions
Is Level a bank?
Level itself is not a state or federally chartered bank, however, we offer banking services through our partnership with Evolve Bank & Trust, Member FDIC. Evolve Bank & Trust holds all deposits in the Level Bank Account and is the issuer for the Level Debit Card, pursuant to a license from Visa U.S.A. Inc..
Will Level accept cash or check deposits?
No, cash or check deposits are not currently accepted. Stay tuned for product updates.
Level Bank Account Agreement
>Check Withdrawals Not Permitted on this account.
>It states that they will give you a account number and routing number but only for ACH transactions use
located in the smartphone APP.