Schedule of Fees

We believe money should move quickly (and cheaply!)

The New Money Company does our best to reduce costs and fees — so that the vast majority of transactions on our platform remain fee free.

Free Cross-border withdraws from your New Money Company Emerald Account

If you withdraw funds from your Emerald account to another currency, across borders, you'll receive our fastest available speed, best possible FX rate, and have a no fee transfer.

Account opening & usage

Minimum Deposit Needed to Open Account — $0.00 USD

Monthly Service Charge (Monthly Fee)— $0.00 USD

Requirements to Waive Monthly Service Charge — None

Interest-Bearing — No

Withdrawals from your Emerald account

Withdrawals from your Emerald account to a USD bank account with 1-3 day fund availability — $0.00 USD

Withdrawals from your Emerald account to a USD debit card with instant fund availability — 1% of amount

Cross-border withdrawals from your Emerald account to a foreign account with funds available in local currency — Free

Cross-border withdrawals from your Emerald account to a foreign account with funds available in a global currency (USD, SGD, GBP, EUR, HKD) — Free

Fees Charged by The New Money Company on your Emerald Visa Card

For transactions in USD — $0.00 USD

For transactions in another currency — $0.00 USD

For using an ATM to withdraw funds in USD — $0.00 USD

For using an ATM to withdraw funds in another currency — $0.00 USD

Be advised, ATM and/or service fees charged by other banks and ATM owners still may also apply.

VISA charges a 1% International Service Fee on international transactions. We do not charge any Fee.

Be advised, ATM and/or service fees charged by other banks and ATM owners still may also apply.

VISA charges a 1% International Service Fee on international transactions. We do not charge any Fee.