No fees here! There are no monthly, overdraft, minimum, or service fees.

So how do we make money?

We get that question a lot! Unlike traditional banks who make money by charging you fees, Step makes money from ‘interchange’ fees paid by the merchant bank.

When you use your Step Card, card networks collect a service fee (kind of like a tax for the merchant charging your card), and Step gets a percentage of that fee. That means we don't have to rely on traditional fees and we can pass those savings on to you.


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