Credit Sesame Review

Credit Sesame was established in the aftermath of the 2008-2009 financial crisis. Its founder, Adrian Nazari, wanted to create a way for consumers to access free credit reports. After lengthy negotiations, Nazari finalized a contract with a major credit bureau to do just that. Thanks to his efforts, consumers no longer need to pay a $10 fee to review personal credit reports.

Since then, Credit Sesame has diversified its lineup of consumer credit and advice services. The company now has a Sesame Cash debit account. This review examines its features along with its pros and cons.

Pros and Cons of Credit Sesame



What Does Credit Sesame Offer?

The Sesame Cash account is branded as “the no-fee debit account that pays you for improving your credit.” Its core features include:

Customers qualify for cash rewards if they improve their credit score by 10 points or more within a 30-day period. By improving their credit scores, customers stand to benefit in the future. For instance, an improved credit score may help customers qualify for more favorable home loans from lenders and discounts from insurance companies. Sesame Cash also maintains partnerships with major retailers, offering cashback on everyday purchases. Offers change daily, and customers can get info on current deals through the Sesame Cash mobile app.

As mentioned above, Sesame Cash accounts don’t earn interest. However, you can check your daily credit score for free by making a minimum deposit of $25 every 30 days. Sesame Cash also maintains an extensive network of more than 55,000 ATMs. So, customers can easily make no-fee withdrawals.

The account supports direct deposits and online money transfers, but Sesame Cash isn’t compatible with mobile check deposits. But customers can overcome this limitation by using the Ingo Money app to submit their funds.

There are also a few transaction limits to be aware of:

Transaction Type
Single Transaction Limit
Daily Limit
Monthly Limit
Direct Deposits and ACH Credits
Linked Direct Deposit Credit
ATM Withdrawals
Debit Card Purchases

What To Expect on the Site

New Sesame Cash customers can sign up online or through the Credit Sesame app. The process only takes a few minutes. To start, create a new Credit Sesame account by providing an email address and creating a password.

From there, submit the standard documentation needed to open a bank account:

Notably, you don’t need to make an initial deposit to open an account. Sesame Cash also doesn’t require customers to maintain a minimum monthly balance.


The Sesame Cash account doesn’t have upfront charges. Customers don’t pay any monthly service fees or overdraft charges. Account holders also enjoy free withdrawals from in-network ATMs. That said, there are a few situations where minor fees apply:

We should also note that out-of-network and international ATMs also may have other fees charged by the ATM’s owner.

What People Are Saying About Credit Sesame

Credit Sesame has a great Trustpilot score as of August 2021. The company has a score of 4.1 out of 5 stars based on customer reviews from more than 2,000 users:

Credit Sesame is also accredited by the Better Business Bureau, and the company has an A+ BBB rating. Additionally, customers on the BBB website give Credit Sesame 3.78 out of 5 stars as of August 2021.

The Bottom Line

The Sesame Cash account has a great deal to offer those who want to save money or improve their financial profile. Not only does its combination of no fees and unique rewards make it stand out, but so does its emphasis on boosting and rebuilding credit scores. As a result, Credit Sesame is a worthy choice to consider as you compare top online banking providers.