Robinhood, notable for its commission-free investing app with millions of users has introduced checking & savings accounts for these users which it says earn 3% interest, feature no fees, provides access to over 75,000 free ATMs, offer 24/7 customer support and a personalized debit card. The company says the 3% interest will be paid out daily to its users .

The Checking & Savings account require no minimum balance, no overdraft fees, monthly fees and foreign transaction fees and will also come with a personalized debit card that can be used for no-fee cash withdrawals at over 75,000 ATMs across the U.S. This is more free ATMs than the five largest U.S. banks combined, with locations in major stores like Target, 7-Eleven and Walgreens.

Users of the service who will be getting invites starting from next year will be able to find the nearest free ATM, pay bills, mail or deposit checks and chat with customer support 24/7 on the Robinhood app. Early Access can be signed up for through this link with four personalized card designs available for users to choose from. 

“Currently, traditional checking and savings accounts cost more for people who make less, are riddled with unfair and hidden fees, and earn you minimal returns on your savings.” A Robinhood blog post stated. “Today, we’re furthering our mission to democratize America’s financial system by introducing Robinhood Checking & Savings.”