> Also why do you need bank app on your phone?
replyMany banks gate features like mobile check deposit behind the native app. The nearest ATM is 20 minutes away from my house, so unfortunately I consider this feature essential.
How often are you still receiving physical cheques that mobile deposit is an essential feature? I could probably count on one hand the number of cheques I've deposited or written in the past ~15 years, nor can I say I've been so desperate to access said money that I feel the need to deposit the cheque within moments of receiving it.
replyChecks are still common in the good ole USA.
replyCommon? maybe for seniors. I probably handle a physical check once a year.
replyAt least 3 times a month. I have a rental property and my tenant prefers to mail a check instead of paying extra to pay electronically. My spouse gets paid by check for dumb reasons I won't get into. I sometimes get dividends from my insurance company via check. And then several family members still prefer to use checks to pay each other back instead of Venmo or other electronic services.
replyI blame it on the fact that the US doesn't have a free electronic bank transfer system like the rest of the developed world.
Interesting, I never saw a bank check. The companies typically transfer money directly into the account, and there are P2P transfers by a phone number working between any major banks. So I guess.. I do not need this feature.
replyTwo cases when I've received a bank check without being able to choose an alternative: 1) as payment of proceeds in a class-action lawsuit; 2) when I got a refund from my insurance provider after changing the terms.
replyThese might not be very common, but they're still not really rare in society either.
Carry a second cheap smartphone, like Pixel -a series or iPhone -SE. That one should be used for banking, government apps, for border inspections, etc.
On your main GrapheneOS phone your financial app should be a Bitcoin wallet. The main phone should be off or in the BFU state when you are in a vulnerable situation.
replyIn a town nearby me (not really near me but within an hour's driving distance), sometimes I will see old people selling fresh fruit/vegetables in their front yard. They typically take cash, Cashapp, or Venmo. It's super convenient to be able to use Venmo in that situation. These are people I haven't met before.
replyI usually pay with cash. As a nice bonus, cash works even if there are mobile Internet shutdowns or blackouts and they cannot block the cash in your wallet unlike a bank account.
replyI can do everything on my bank app from prepaying small amounts of a loan, spend analysis, opening fixed deposits and such.
replySome banks require 2FA through their phone app to login to internet banking on the computer.
replyApp can work as digital money without card reader, maybe even free, like bitcoin.
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