
Experian just released a digital checking account. It features a $50 bonus and a virtual card. As of October 2024, Experian is the only credit bureau (the other two are TransUnion and Equifax) to offer this type of account. While Experian is not a bank, it partnered with Community Federal Savings Bank (CFSB) to offer this service. Here's what we like and what we don't.
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Overall, the Experian account is intended for individuals trying to raise their credit scores. The Experian website uses language like "build credit without the debt." If this isn't your situation, we think there are better financial products out there.