MoneyLion offers a wide range of financial products, including banking, investing, and lending. One of its features is the ability to link your bank account to access MoneyLion’s services. However, some users may want to know how to unlink their bank account from MoneyLion, perhaps due to privacy concerns or switching to a different banking provider. In this article, we’ll guide you through the process of unlinking your bank account from MoneyLion.
Contents
- 1 Why unlink your bank account from MoneyLion?
- 2 How to unlink bank account from MoneyLion?
- 3 What happens after you unlink your bank account from MoneyLion?
- 4 What are the benefits of using MoneyLion?
- 5 How to link a bank account to MoneyLion?
- 6 How to unlink bank account from MoneyLion
- 7 What to do After Unlinking a Bank Account from MoneyLion
- 8 FAQs
- 9 Conclusion
- 10 References
Why unlink your bank account from MoneyLion?
There may be various reasons why a MoneyLion user might want to remove their bank account from the app. One primary reason might be to switch to a different financial app or bank. Another reason could be to manage their personal finances separately from the app.
How to unlink bank account from MoneyLion?
To unlink your bank account from MoneyLion, you need to follow these steps:
- Open the MoneyLion app on your device and click on the “Profile” tab.
- Select “Settings” from the dropdown menu.
- Go to the “Linked Accounts” section and click on the account you want to remove.
- Click “Remove” and confirm your decision.
What happens after you unlink your bank account from MoneyLion?
Once you have unlinked your bank account from MoneyLion, the app will no longer have access to your bank account information. You will not be able to use features like early paycheck access, instant debit card rewards, or auto investing until you link a new bank account.
What are the benefits of using MoneyLion?
MoneyLion offers various financial services that can help users manage their money effectively. Some benefits of using MoneyLion include:
- Early paycheck access
- Free checking account
- Debit card rewards
- Auto investing
- Personalized financial advice
- No minimum balance requirements
How to link a bank account to MoneyLion?
To link a bank account to MoneyLion, follow these steps:
- Open the MoneyLion app on your device and click on the “Accounts” tab.
- Select “Link an account”.
- Follow the prompts to connect your bank account.
How to unlink bank account from MoneyLion
Step 1: Open the MoneyLion App
To unlink a bank account from MoneyLion, you first need to open the MoneyLion app on your mobile device or computer. You can then log in to your account using your phone number or email and your password.
Step 2: Go to the “Accounts” Tab
Once you have logged in to your account, you need to go to the “Accounts” tab. To do this, simply locate and tap the “Accounts” button on the app’s home screen. If you are using a computer, you can access the “Accounts” tab through the MoneyLion website.
Step 3: Select the Linked Account to Remove
Within the “Accounts” tab, you will be able to see all of your linked bank accounts. To unlink a bank account from MoneyLion, you need to select the account that you want to remove. Simply tap the account you want to remove from the list of linked accounts.
Step 4: Remove the Linked Account
After selecting the linked account that you want to remove, you need to delete it by clicking on the “Remove Account” button. Confirm the action by following the prompts that appear on the screen. And that’s it, the bank account is now unlinked from MoneyLion.
What to do After Unlinking a Bank Account from MoneyLion
Delete the App
If you have unlinked your bank account from MoneyLion, you may want to consider deleting the app from your device. This will ensure that your account information remains safe and secure. Simply find the MoneyLion app on your device, press and hold the app, and then click “Uninstall”. This will remove the app from your device and ensure that none of your personal information is stored on it.
Request Deletion Through MoneyLion Support
If you want to take additional steps to protect your personal information, you can also contact MoneyLion support to request that your account be deleted. Contacting support can be done through the app or the website. Once you have reached support, you can request to have your account completely deleted from the MoneyLion system. They will be able to assist you with the entire process so that your information is completely removed from their system.
FAQs
Why would I want to unlink my bank account?
If you no longer use the bank account that you linked with MoneyLion or you want to link a different bank account, you may want to unlink your existing bank account from MoneyLion.
Will unlinking my bank account affect my membership or credit score?
No, unlinking your bank account from MoneyLion will not affect your membership or credit score.
Conclusion
If you want to remove a linked bank account from your MoneyLion account, it’s a relatively simple process. You can do it through the app by opening the More Options menu and selecting “Manage linked accounts” and deleting the accounts you want to remove. Alternatively, you can also contact MoneyLion support to request deletion. Keeping control of your financial information is important for peace of mind, and taking simple steps like making a budget, creating a debt payoff plan, and making smart decisions about saving can help you stay in control. Remember, linking bank accounts is as safe as any other banking activity, so don’t be afraid to take control of your financial life and make the most of your MoneyLion account.
References
For more information on online financial security, please see the following trusted resources:
- Consumer Financial Protection Bureau: Protecting Your Accounts
- Federal Deposit Insurance Corporation: Cybersecurity Awareness Basics
- USA.gov: Online Safety
Remember to always be vigilant when it comes to your bank accounts and personal information. Stay informed and take proactive measures to protect yourself from online financial scams and theft.