B9 Banking: Is B9 a Bank? Account, Card and Cashback Explained
B9 is a financial technology company, not a bank. Its account and Visa debit card are provided by Evolve Bank & Trust, Member FDIC.
View B9 terms · B9's website
Is B9 a Bank?
No
B9 is a fintech
B9, Inc. is a financial technology company, not a bank. The banking services come from a bank partner.
Who provides the banking
The B9 Account is provided by Evolve Bank & Trust, Member FDIC, and the B9 Visa debit card is issued by Evolve Bank & Trust, Member FDIC.
What B9 Banking Includes
B9 Account
No overdraft fees or minimum balance, early direct deposit, member transfers.
View detailsWhat B9 Banking Costs
$9.99
Basic plan monthly card & account fee (Premium $19.99), taken automatically from your B9 Account
$5,000+
Deposits in the previous billing month that waive the fee for either plan
3.5%
Sending money to Cash App, Venmo and other wallets (min $4, max $40). ATM fees may apply, amount not published
What FDIC Insurance Covers Here
$250,000
per depositor
B9 says deposits at Evolve Bank & Trust, Member FDIC are insured up to $250,000 per depositor. FDIC insurance protects against the failure of an FDIC-insured depository institution. B9 is not the insured bank, and insurance doesn't cover other kinds of loss. Read the bank's and B9's disclosures for the details.
B9 Banking FAQ
No. B9, Inc. is a financial technology company, not a bank. The B9 Account and the B9 Visa debit card are provided by Evolve Bank & Trust, Member FDIC.
B9 says deposits held at Evolve Bank & Trust are insured up to $250,000 per depositor. FDIC insurance protects against the failure of an FDIC-insured depository institution. Insurance is about the bank failing, not about other losses.
B9 says it has no overdraft fees and no minimum balance.
B9 charges its Basic plan as a monthly card and account fee of $9.99, and Premium is $19.99 a month. The fee is waived in a month after you received $5,000 or more in deposits the month before.
B9 says an SSN or ITIN is accepted to open a B9 Account.
B9, Inc. operates the B9 app; its account and debit card are issued by Evolve Bank & Trust, Member FDIC, and its loans are licensed in California. See our full legitimacy review for the details we could verify.
19 facts checked against B9's published documents · Nov 2–3, 2026. How we check product details
B9 Account · B9 Visa debit card · Is B9 legit? · All B9 fees