OnePay Review [2026]: High APY Savings With a Budgeting Twist

OnePay: Savings

APY	3.35% on your savings2 <p>3.35% annual percentage yield (APY) applies to the Savings balance of OnePay deposit accounts. APYs are as of 8/1/2026, but may change at any time before or after account opening.</p>
Minimum balance for APY	$0
Minimum deposit to open account	$0
Monthly maintenance fees	$0
ATM access	Yes, fee-free ATM withdrawals at Walmart. Also free at 55,000+ Allpoint ATMs with eligible deposits3 <p element-id="3">Only applies to OnePay Cash accounts that have either (i) received <a href="https://www.onepay.com/help-center/articles/direct-deposit?%24web_only=true&amp;_branch_match_id=1207782460763901308&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQ6AIAwEwBdB7ybGgw8hIqs0Im1KE26%2B3ZnqrmMhko4wkeOhGhv3h0CFDaeHApXBHiqabp%2Fhghn3O2WTOWDrXk1e%2FLyW8klIAAAA" style="background-color: rgb(255, 255, 255);">Direct Deposits</a> totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ at the end of the previous month. For all other ATM transactions the OnePay ATM Fee will apply and third-party ATM fees may be incurred.</p>
Transactions per month	Unlimited

OnePay offers an impressive 3.35% APY which is significantly higher than what many other high-yield savings accounts offer. 

You can set up three different savings goals or pockets to separate your balance, and they'll all earn the same APY. This can help you visualize your savings and give you another reason not to raid them. The Savings portion of your OnePay balance will include a Primary Savings pocket automatically, and you have the option to also create a Pay Autosave or ONE@Work Save pocket.

• Pay Autosave: This optional savings pocket lets you set up automatic transfers to your savings account every time you receive a qualifying direct deposit. One nice thing about Pay Autosave, and a reason I recommend it beyond the benefit of saving habitually, is that you can earn up to 3.35% APY on balances² <p>3.35% annual percentage yield (APY) applies to the Savings balance of OnePay deposit accounts. APYs are as of 8/1/2026, but may change at any time before or after account opening.</p>
• ONE@Work Save: ONE@Work is a separate app and benefit that your employer may offer. It's connected to your payroll, and you can also connect it to your OnePay account if you have both.

OnePay: Spend

Minimum deposit to open account	None
Monthly maintenance fees	$0
Cash deposits	Fee-free cash deposits are permitted when you use your OnePay card at Walmart
ATM access	Yes, fee-free ATM withdrawals at Walmart. Also free at 55,000+ Allpoint Network ATMs with eligible deposits3 <p element-id="3">Only applies to OnePay Cash accounts that have either (i) received <a href="https://www.onepay.com/help-center/articles/direct-deposit?%24web_only=true&amp;_branch_match_id=1207782460763901308&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQ6AIAwEwBdB7ybGgw8hIqs0Im1KE26%2B3ZnqrmMhko4wkeOhGhv3h0CFDaeHApXBHiqabp%2Fhghn3O2WTOWDrXk1e%2FLyW8klIAAAA" style="background-color: rgb(255, 255, 255);">Direct Deposits</a> totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ at the end of the previous month. For all other ATM transactions the OnePay ATM Fee will apply and third-party ATM fees may be incurred.</p>
FDIC insured	Yes

The OnePay Spend pocket functions like a checking account, but with a twist. Unlike traditional checking accounts, it allows you to create multiple sub-pockets for different spending categories. This feature can be particularly useful for budgeters who like to allocate their funds to specific purposes.

You can create custom virtual cards for each Spend pocket to make spending money easier. You can also send the number of an individual Spend pocket to someone to manage your account.

Earning cash back

You can earn up to 3% cash back on Walmart, gas, or dining purchases up to $150 when using your card.⁴ <p class="">Cash back is earned as OnePay Points, redeemable as a deposit into a OnePay Cash account pursuant to the <a href="https://www.onepay.com/legal/onepay-rewards-terms?%24web_only=true&amp;_branch_match_id=1207782460763901308&amp;utm_medium=marketing&amp;_branch_referrer=H4sIAAAAAAAAAwXBSwqAMAwFwBO12QviwoNIi09btB9eAtl5dmeK2dRFZHQER45pzvjW%2FgiE8MRTg4FNt4%2B4QNZ%2BH5nDFVz3wtHwA%2BiTVRhCAAAA" style="background-color: rgb(255, 255, 255);">OnePay Rewards Terms</a>. Only applies to OnePay Cash accounts that have either (i) received <a href="https://www.onepay.com/help-center/articles/direct-deposit?%24web_only=true&amp;_branch_match_id=1207782460763901308&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQ6AIAwEwBdB7ybGgw8hIqs0Im1KE26%2B3ZnqrmMhko4wkeOhGhv3h0CFDaeHApXBHiqabp%2Fhghn3O2WTOWDrXk1e%2FLyW8klIAAAA" style="background-color: rgb(255, 255, 255);">Direct Deposits</a> totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ as of the last day of the previous month. This reward applies to purchases at U.S. Walmart locations and on Walmart.com only and may not be combined with other OnePay Cash promotions for cash back at Walmart.</p>  

This perk is unique. Not many cash back cards let you choose where you earn the most cash back. While it has a fairly low cap, every penny counts, and it adds up over time if you shop frequently in your top-earning category.

OnePay Builder Card

The OnePay Builder Card is a secured credit card that you connect to your OnePay account. With this card, you could potentially help build your credit with responsible payments. 

This secured card is unique in that it doesn't require a hard credit check or a security deposit, as many secured cards do, and you can use it to earn cash back, unlike many secured cards. You could earn up to 3% cash back on Walmart, gas, or dining purchases up to $150, or one point per $10 on every purchase with OnePay. You'll also qualify for OnePay rewards points on select shopping offers, exclusive "Boosts," and purchases at participating gas stations. 

I'd recommend the Builder Card if you're interested in potentially building credit with your OnePay account while still qualifying for the same banking perks.

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SoFi Checking & Savings - Earn Up to $400 When You Set Up Direct Deposit

Limited-Time Offer: Earn a $50 or $400 bonus with eligible direct deposit and up to 3.80% APY on Savings (3.10% APY⁵ <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits&nbsp;received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct&nbsp;Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in&nbsp;your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/26. See full bonus and annual percentage yield (APY) terms at&nbsp;<a href="https://www.sofi.com/banking/checking-offer/">sofi.com/banking/checking-offer/</a></p> with +0.70% APY Boost) for up to 6 Months on new accounts. Terms Apply.⁶ <p>Earn up to 3.80% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.10% APY) for up to 6 months. Open a new SoFi Checking &amp; Savings account with Eligible Direct Deposit by 12/31/26. Rates variable, subject to change. Terms apply at&nbsp;<a href="https://www.sofi.com/banking/#2">sofi.com/banking#2</a>. SoFi Bank, N.A. Member FDIC.</p> FDIC Insured.⁷ <p><b style="font-family: Rubik, -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, Arial, sans-serif;">SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations.&nbsp;Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at&nbsp;<a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.</b></p>

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Who is OnePay best for?

OnePay could be a good fit if you like banking through a mobile app, and the company's most niche banking features are up your alley. Specifically, I might recommend it to you if:

• You're a frequent Walmart customer and use your card to shop.
• You don't want to open multiple bank accounts.

OnePay offers an appealing savings rate, but I wouldn't suggest opening this account solely for the savings perks.

OnePay benefits and perks

• Great APYs on Savings and Pay Autosave: OnePay offers above-average interest rates. You can earn 3.35%² <p>3.35% annual percentage yield (APY) applies to the Savings balance of OnePay deposit accounts. APYs are as of 8/1/2026, but may change at any time before or after account opening.</p>  
• Earn rewards with the Builder card: You can earn 3% cash back on up to $150 per month in Walmart, gas, or dining purchases.⁴ <p class="">Cash back is earned as OnePay Points, redeemable as a deposit into a OnePay Cash account pursuant to the <a href="https://www.onepay.com/legal/onepay-rewards-terms?%24web_only=true&amp;_branch_match_id=1207782460763901308&amp;utm_medium=marketing&amp;_branch_referrer=H4sIAAAAAAAAAwXBSwqAMAwFwBO12QviwoNIi09btB9eAtl5dmeK2dRFZHQER45pzvjW%2FgiE8MRTg4FNt4%2B4QNZ%2BH5nDFVz3wtHwA%2BiTVRhCAAAA" style="background-color: rgb(255, 255, 255);">OnePay Rewards Terms</a>. Only applies to OnePay Cash accounts that have either (i) received <a href="https://www.onepay.com/help-center/articles/direct-deposit?%24web_only=true&amp;_branch_match_id=1207782460763901308&amp;_branch_referrer=H4sIAAAAAAAAAwXBQQ6AIAwEwBdB7ybGgw8hIqs0Im1KE26%2B3ZnqrmMhko4wkeOhGhv3h0CFDaeHApXBHiqabp%2Fhghn3O2WTOWDrXk1e%2FLyW8klIAAAA" style="background-color: rgb(255, 255, 255);">Direct Deposits</a> totaling $500+ in the current or previous month, or (ii) have a balance of $5,000+ as of the last day of the previous month. This reward applies to purchases at U.S. Walmart locations and on Walmart.com only and may not be combined with other OnePay Cash promotions for cash back at Walmart.</p>
• Customizable pockets: You can have several pockets with custom names to help you budget and save for specific purposes (e.g., a dream vacation, an emergency fund, and so on).
• No monthly fees: Unlike many traditional banks, OnePay doesn't charge monthly fees.
• Early payday: You may get your paycheck up to two days early when you set up direct deposit.⁸ <p>Direct Deposit is required. Funds may be available up to 2 days in advance, depending on when your employer sends paycheck data</p> This feature has become something I look for in an account because getting my paycheck early really comes in handy.
• Bill pay: OnePay's bill pay feature allows you to manage and pay bills directly from the app easily. You can schedule one-time or recurring payments, track your payment history, and receive reminders to ensure bills are paid on time.
• Customer service availability: While the company didn't always offer this option, you can now call OnePay customer support 24/7 at (855) 830-6200 Eastern. This is a fairly uncommon benefit. Live chat is also available 24/7, though this is pretty typical for online platforms.

OnePay drawbacks

• No physical locations: OnePay is an online-only technology solution and has no branches

Alternatives to OnePay

If OnePay doesn't seem like the best fit for you, here are two alternatives to consider.

SoFi®

If the idea of keeping your spending and saving money together appeals to you, but OnePay feels like it's lacking or not the right fit, I'd suggest SoFi. The fintech's deposit product is called SoFi Checking and Savings, and it combines checking and savings features into one convenient account. Perks include early paycheck access with direct deposit⁹ <p>Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.</p> and interest on both savings and checking.

SoFi Checking and Savings, like OnePay, has some direct deposit requirements to qualify for the highest APYs. You can earn 0.50% APY¹⁰ <p>Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 5/28/26. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at&nbsp;<a href="https://www.sofi.com/legal/banking-rate-sheet">https://www.sofi.com/legal/banking-rate-sheet</a></p> on checking balances and up to 3.10% APY on savings balances with qualified direct deposit (or 1.00% (as of 5/28/26) APY on savings balances without direct deposit)¹⁰ <p>Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 5/28/26. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at&nbsp;<a href="https://www.sofi.com/legal/banking-rate-sheet">https://www.sofi.com/legal/banking-rate-sheet</a></p> . But unlike OnePay's Savings pockets, there's no minimum balance you have to meet, making this a better choice for you if that requirement would be an issue with OnePay.

SoFi is a member FDIC.⁷ <p><b style="font-family: Rubik, -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, Arial, sans-serif;">SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations.&nbsp;Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at&nbsp;<a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.</b></p>

Visit SoFi | Read our full SoFi Checking and Savings review

Chime®

Chime¹¹ <p class="">Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. The secured Chime Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank.<br></p> is another digital-only platform that makes up for its limited products and services with a feature-packed mobile app and budgeting tools. I always like to recommend Chime's services to people who've struggled with money management or are living paycheck to paycheck because the platform provides benefits like:

• Early access to your paycheck with direct deposit¹² <p> Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.</p>
• Overdraft protection without fees¹³ <p>SpotMe® on Debit is an optional, no fee overdraft service attached to your Chime Checking Account. To qualify for the SpotMe on Debit service, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month and have activated your physical Chime Visa® Debit Card or secured Chime Visa® Credit Card. Qualifying members will be allowed to overdraw their Chime Checking Account for up to $20 on debit card purchases and cash withdrawals initially but may later be eligible for a higher limit of up to $200 or more based on Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime's sole discretion. Although Chime does not charge any overdraft fees for SpotMe on Debit, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe on Debit will not cover any non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. <a href="https://www.chime.com/policies/">SpotMe on Debit Terms and Conditions</a>.</p>
• Automatic savings features (including debit card roundups)¹⁴ <p>You can automatically transfer part of your direct deposits of $1 or more from your Checking Account into your selected Chime account(s).</p> ¹⁵ <p class="">Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account.&nbsp;<br></p>
• The ability to make cash deposits at 85,000+ retail locations¹⁶ <p>Once the retailer accepts your cash, the funds will be transferred to your Chime account. Cash deposit fees may apply if using a retailer other than Walgreens and Duane Reade.&nbsp;</p>

When I compare OnePay vs. Chime, Chime pulls ahead for people who'd benefit from more support making ends meet. But the Chime Savings account only earns up to 0.75% APY,¹⁷ <p class="">The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is accurate as of 07/13/26. No minimum balance required. Must have $0.01 in savings to earn interest.&nbsp;</p> , and you need Chime Checking to qualify for it.

Visit Chime | Read our full Chime review

Who can open an account with OnePay?

To open a OnePay account, you must be at least 18 years old, have a mobile phone number, and be a U.S. citizen or permanent resident.

You must have a Social Security number or Individual Taxpayer Identification Number (ITIN) as well. To apply, you may need a copy of a government-issued photo ID or a utility bill.

OnePay customer service

You can call OnePay at (855) 830-6200 Eastern seven days a week, 24 hours a day. You can also chat with OnePay using the app or on your desktop at any time.

FAQs

Bottom line

OnePay offers an innovative approach to digital banking that combines high-yield savings with built-in budgeting tools. Its high APY on savings is among the most competitive in today's market, and the ability to create multiple pockets for different spending categories can be a game-changer for those struggling with budgeting.

However, the lack of physical branches may be a drawback. If you're comfortable with online-only banking and are looking for a way to simplify your finances while earning a great interest rate, OnePay is an excellent choice. But if you prefer more traditional banking features or need to deposit cash frequently, you might want to consider other options.

Ultimately, OnePay shines in its ability to merge banking and budgeting seamlessly. For the right user, it could be a powerful tool for achieving your financial goals.

Incredible Offer!

$200 Bonus

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Earn a $200 bonus after spending $500 on purchases in your first 3 months from account opening.

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FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.

AWARD WINNER Best Online Checking

High APY of up to 3.80% on Savings (3.10% APY⁵ <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits&nbsp;received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct&nbsp;Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in&nbsp;your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/26. See full bonus and annual percentage yield (APY) terms at&nbsp;<a href="https://www.sofi.com/banking/checking-offer/">sofi.com/banking/checking-offer/</a></p> with +0.70% APY Boost) for up to 6 Months on new accounts. Terms Apply.⁶ <p>Earn up to 3.80% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.10% APY) for up to 6 months. Open a new SoFi Checking &amp; Savings account with Eligible Direct Deposit by 12/31/26. Rates variable, subject to change. Terms apply at&nbsp;<a href="https://www.sofi.com/banking/#2">sofi.com/banking#2</a>. SoFi Bank, N.A. Member FDIC.</p>

Paycheck access up to 2 days early with direct deposit⁹ <p>Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.</p>

No monthly maintenance or overdraft fees¹⁸ <p>We do not charge any account, service, or maintenance fees for SoFi Checking and Savings. We do charge transaction fees for outgoing wire transfers, Instant Transfers, and global remittance transfers. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at <a href="http://sofi.com/legal/banking-fees/">sofi.com/legal/banking-fees/</a>.</p>

Streamlined savings and savings goals with Vaults

Access to a large ATM network¹⁹ <p>We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.</p>