Crew

What is Crew?

Crew is a unique financial platform that combines a high-yield checking account with intelligent budgeting and automation tools. It goes beyond traditional banking by actively managing your money according to your financial plan. This means you can set up specific 'pockets' for expenses like groceries or bills, and Crew will automatically allocate funds, ensuring you only spend what you intend.

The platform is designed to be user-friendly yet powerful, allowing you to automate complex financial tasks like splitting paychecks, setting aside money for savings goals, and even managing allowances for children. With a strong emphasis on user control and financial automation, Crew aims to make managing personal finances effortless and effective, all while earning a competitive APY on your deposits.

Key Features and Capabilities of Crew

1. Automated Pockets: Create and fund virtual pockets for specific goals or expenses like groceries or gas.
2. Safe-to-Spend Clarity: The app intelligently sets aside funds for bills and goals, showing you exactly how much is available for spending.
3. Paycheck Splitting: Automatically allocate portions of your paycheck to different accounts or savings goals.
4. Family Management: Add partners or children to manage household finances collectively or provide kids with controlled debit cards.
5. High-Yield Interest: Earn a competitive APY on all deposited funds, not just a portion of your balance.

Who Crew is Built For

• Individuals seeking a smarter way to budget and save.
• Families wanting to manage shared finances and teach children financial literacy.
• Users looking for an automated system to control spending and bill payments.
• Anyone wanting to earn higher interest on their checking account balance.
• People who prefer proactive financial management over reactive tracking.

Getting Started with Crew

Starting with Crew is a straightforward process that takes only a few minutes. You can download the app and open an account quickly. Once approved, you can begin linking your existing accounts, setting up your personalized 'pockets' for various financial goals, scheduling bill payments, and establishing automated rules for your money. The app also offers a demo mode for exploring its features without connecting live accounts.

Limitations to Consider for Crew

While Crew offers robust financial management, it's important to note that it is a financial technology company, not a bank itself, with banking services provided by Bangor Savings Bank. Wire transfers may incur a $20 fee for balances under $50,000, though ACH transfers are free and more common. Cash deposits beyond the first 12 per year will incur a fee.

Support and Contact for Crew

For inquiries or assistance, you can contact Crew's support team via email at support@trycrew.com. The app also provides a comprehensive FAQ section on its website to address common questions regarding account features, fees, and security.