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Commerce · February 20, 2020

Level - Next Level Banking

Challenger bank with 2.10% APY and 1.0% on debit purchases

Level - Next Level Banking launched on February 20, 2020 with 6 votes, #1,040 of 3,162 launches that month and more than 50% of that year's launches. The site was not reachable when checked in September 2026.

What it does

https://levelbank.com tops the rankings as the highest-APY deposit account on https://www.bankrate.com/banking/checking/best-checking-accounts/ with 2.10% APY and pays 1.0% on online & signature-based debit card purchases with $1,000 direct deposit. It's built by the team at https://zero.app that created the first debit-style credit card.

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Source: Product Hunt launch ↗

Launched alongside, February 2020

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