MA Banking is the first and only deposit solution tailor made for the oil and gas industry. You can use it to pull in all of your oil and gas royalties or vendor payments, regardless of where they come from, and manage it all from a single account.
What you get
MA Bank Wallet: an account that earns interest on your balance.
MA Debit Card: a Visa® debit card that spends directly from your wallet balance. You can use it anywhere Visa debit cards are accepted.
Apple Pay: add your card to Apple Wallet and pay with your phone.
Who qualifies
MA Banking is for businesses, including:
LLCs
Corporations
Trusts
Partnerships and LPs
Individuals and sole proprietors aren't eligible right now. To open an account, your business must receive royalty payments through MineralAnswers and complete a business identity check.
How interest works
Wallet balance | APY* |
Under $50,000 | 1.00% |
$50,000–$249,999 | 2.00% |
$250,000 and up | 2.67% |
Interest is compounded monthly and credited to your wallet monthly.
How to get started
Sign in and go to MA Banking.
Confirm your business details and complete the identity check.
Open your wallet and order your MA Debit Card.
Add your card to Apple Wallet if you'd like.
Questions?
Send us an email at support@mineralanswers.com
The advertised rate is an approximation and is rounded to the nearest hundredth of a percent. Annual Percentage Yield (APY) is variable and subject to change after account opening. Rate is compounded monthly and credited monthly.
MineralAnswers.com is a financial technology company and not a bank. Banking services are provided by i3 Bank, Members FDIC. Visa® debit cards are issued by i3 Bank, Members FDIC pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.