United States
activeFeaturedNeobankBusiness banking
- HQ
- London
- Fee
- Free personal
MAJORITY
US migrant money app. Not a bank. Eligible cash at Axiom Bank, N.A., Member FDIC. Membership fees.
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6.8Mixed
AlternativesFive questions
At a glance
Is it a bank?
No. MAJORITY is not a bank. The money sits with Axiom Bank, N.A..
If it fails?
MAJORITY is not FDIC-insured. Eligible deposits sit at Axiom Bank, N.A., Member FDIC, up to $250,000 if pass-through conditions hold. Historic Sutton Bank copy is stale — confirm the live partner.
Salary?
Not listed. An IBAN or sort code is not automatically a salary account.
Open from abroad?
Residency and KYC are gated. An App Store listing is not proof you can onboard.
Monthly fee
Membership-priced — confirm live
Account number
No IBAN-class local rail on this file.
NeoBankDB Verdict
Licence first · score second
6.8
/10 · Mixed
MAJORITY is a Houston fintech for internationals. It is not a bank. Live help-centre copy names Axiom Bank, N.A., Member FDIC, as the depository — up to $250,000 if pass-through holds. Older press still says Sutton Bank. Read the current footer. Remittance and calling are the product. Ally and SoFi remain the US salary objects on this desk.
What it is
Launched 2019. Visa, wallets, corridors back home. Directories dump it next to Chime. Chime is Bancorp and Stride. This is Axiom plus a membership SKU.
Best for: US-based internationals who want remittance plus a Visa and already keep a second FDIC account.
Last checked 2026-08-30. Not advice.
What it does well
- +Named Axiom Bank, N.A. on the live help centre
- +Honest membership model
- +Remittance is the job
- +Not pretending to be Ally
What to watch
- −Not a bank
- −Membership fees
- −Partner has changed once already
- −Not a salary home
Who holds the money
The account
- Partner bank
- Axiom Bank, N.A. (live help centre). Historic: Sutton Bank
How money actually moves
- Who holds the cash
- E-money / stored-value — not a bank deposit
- How money moves
- ACH / USD
- Built for
- Personal · Travel
- Settlement
- App-ledger instant; bank rails per corridor
- Freeze risk
- Bank-grade; still not freeze-proof
- Card
- MAJORITY lists a physical card and a virtual card on visa, plus Apple Pay and Google Pay. Confirm the live product in the app — a card is not a current account.
Licence first
Safety
MAJORITY is not FDIC-insured. Eligible deposits sit at Axiom Bank, N.A., Member FDIC, up to $250,000 if pass-through conditions hold. Historic Sutton Bank copy is stale — confirm the live partner.
Who holds the money: Axiom Bank, N.A.
- FDIC (partner)Fintech. Not a bank. US deposits at Axiom Bank, N.A., Member FDIC · United States
Fees
- Monthly
- Membership-priced — confirm live
- FX markup
- Remittance corridor is the product
- ATM
- Network / membership
Features
- –IBAN
- –Fee-free core
- –Multi-currency
- ✓Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- –Business
- –Kids
- –Halal
- USD spend account
- Remittance
- International calling adjacency
- Axiom Bank FDIC
- Not a bank
Score
- Safety25%
- 6.4
- Fees20%
- 5.8
- Features15%
- 7.4
- App15%
- 8.0
- Global15%
- 7.2
- Support10%
- 6.8
Change log
Full logSafety
Axiom Bank, N.A. named as FDIC partner
Not a bank. Historic Sutton Bank copy is stale. Membership fees.
Available in
Straight answers
FAQ
01Is MAJORITY a bank?
MAJORITY is not a licensed deposit-taker in the classic sense. Money, if any, sits with Axiom Bank, N.A..
02How is money protected?
MAJORITY is not FDIC-insured. Eligible deposits sit at Axiom Bank, N.A., Member FDIC, up to $250,000 if pass-through conditions hold. Historic Sutton Bank copy is stale — confirm the live partner.
03Where is MAJORITY available?
We list 1 market on NeoBankDB. Residency and onboarding rules still sit with MAJORITY.
04Card and wallets?
MAJORITY lists a physical card and a virtual card on visa, plus Apple Pay and Google Pay. Confirm the live product in the app — a card is not a current account.
05Can I open MAJORITY remotely?
Residency and KYC are gated. An App Store listing is not proof you can onboard from your country.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
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