Post Content
Summary: Jenius Bank is the digital banking division of SMBC MANUBANK, a California state-chartered commercial bank based in Los Angeles. Jenius Bank offers personal loans and high-yield savings accounts.
The Jenius High-Yield Savings Account is currently offering a 4.05% APY — that’s more than 10 times the national average for savings accounts. There are no monthly fees or minimum balance requirements for this account and interest is compounded daily.
Note: Jenius Bank is not currently accepting new savings account applications.
Jenius personal loans start at $5,000 and go up to $50,000 with rates from 8.49% to 23.49%. There are no prepayment fees or charges for late or missed payments. Repayment terms for a Jenius personal loan range from 36 months to 72 months. Jenius is not currently accepting personal loan applications on its website. However, you may be able to qualify for a Jenius loan if you have received a direct mail invitation code.
See our picks for the 10 best online banks of 2026>>
Jenius Bank does not charge any fees for its savings accounts. Additionally, you will never pay loan origination fees, prepayment fees, late or missed payment fees, transaction fees, and the like as a Jenius customer.
Here are some of the major pros and cons of banking with Jenius Bank:
Pros:
-
Competitive interest rate for high-yield savings account: Jenius Bank’s high-yield savings account offers 4.05% APY, which is one of the highest rates available on the market today.
-
No fees or minimum balance requirements: Jenius does not currently charge any fees for its accounts or personal loans. There is also no minimum balance requirement to keep your account open or avoid fees.
-
24/7 customer service: Jenius bankers are available to chat 24/7.
Cons:
-
Limited account options: Jenius only offers savings accounts and personal loans. It does not currently offer checking accounts, money market account accounts, credit cards, or other types of financing. This could be a drawback for customers with more extensive banking needs.
-
No physical branches: Jenius operates online only and does have any physical branches for customers to visit.
-
Certain products are not available in every state: Jenius savings accounts are not available for residents of Hawaii or New Mexico. Additionally, Jenius is not accepting personal loan applications from residents of Hawaii, Nevada, or Wisconsin.
Jenius Bank representatives are available to assist customers 24/7 at 844-453-6487. Jenius also has a mobile app available for download on the App Store and Google Play. The app has a rating of 4 stars and 3.6 stars, respectively. Customers can use the app to view account balances, transactions, and account details, transfer money between accounts, and more.
Yes, Jenius savings deposits are FDIC-insured up to the federal limit of $250,000 per depositor, per ownership category.
Jenius Bank’s routing number is 122045354.
Jenius Bank is the digital division of SMBC MANUBANK, a California state-chartered commercial bank and wholly owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group.