Sesame Cash Review: Build Your Credit

4.6

GBR RATING

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Quick Take: Sesame Cash is an offering of Credit Sesame, a company that was founded to help consumers improve their credit scores and make good credit decisions. Sesame Cash is a deposit account with a fee-free virtual debit card that is offered by Community Federal Savings Bank. The Sesame Cash debit card also works as a secured credit card to help build your credit.

Sesame Cash is a digital cash-management account designed to help users save, build financial habits and potentially earn rewards tied to credit-building behavior. Rather than functioning like a traditional bank, Sesame Cash operates as a fintech product that combines savings tools, incentives and app-based money management.

This review explains how Sesame Cash works, how interest and rewards are structured, who it’s best suited for and where it may fall short compared to conventional banking options.

Sesame Cash at a Glance

How Sesame Cash Works

Sesame Cash is designed around behavior-based saving, rather than traditional checking or savings.

Core features include:

• App-based cash account
• Automatic saving and reward mechanisms
• Integration with credit-monitoring and financial education tools
• Digital transfers and account access

The platform encourages users to save consistently and improve financial habits, instead of focusing purely on maximizing yield.

Interest and Rewards Structure

Sesame Cash may offer interest-earning or reward features depending on user activity and current terms.

What to know:

• Earnings are often conditional, tied to behaviors or milestones
• Rates and rewards can change over time
• Not structured like a traditional high-yield savings account

Because rewards are variable, Sesame Cash should be viewed as a supplemental savings tool, not a primary place to park large cash balances.

Fees and Account Requirements

Sesame Cash aims to keep access simple.

• No traditional monthly maintenance fees
• No minimum balance requirements
• Fully digital account management

Some features may require enrollment in related Sesame products or services.

Safety and FDIC Insurance

Sesame Cash itself is not a bank.

• Eligible deposits are held at a partner bank
• Funds are FDIC-insured up to applicable limits
• User money is kept separate from Sesame’s operating funds

Understanding the fintech-partner structure is important when evaluating safety.

Comparable Neobank Options

Sesame Cash is a little unusual with its emphasis on credit score, but that doesn’t mean it’s the only game in town. If you’re looking for a solution to help with your cash flow and your credit score, here are a couple of other neobank options for comparison.

Albert Cash

Albert Cash is a spending, saving, and investing tool that lets you manage your money on the app. It offers a Genius subscription, which includes additional features like automatic savings, budgeting assistance and expert advice.

While Albert Cash offers investing and budgeting tools, it does not have the focus on building your credit score that you’ll find with Sesame Cash.

LendingClub Bank

If your issue is credit card debt, LendingClub might be able to help with a debt consolidation loan. They also offer checking and savings accounts that are designed to help you reach your financial goals.

You’ll find fuller service banking with LendingClub than you’ll get from Sesame Cash, but fewer resources specifically designed to build your credit.

Who Sesame Cash Is Best For

Best Fit

• Users focused on building savings habits
• People interested in financial education and credit-building tools
• Digital-first users comfortable with app-based accounts

Less Ideal

• Savers chasing top interest rates
• Customers seeking full-service banking
• Anyone wanting branch access or traditional checking features

Overall Experience

Sesame Cash delivers a guided, goal-oriented experience aimed at improving financial behavior. Its value comes from structure and incentives rather than raw interest rates, making it most useful as part of a broader financial strategy.

Final Take to GO

Sesame Cash is best viewed as a financial wellness and savings-support tool, not a traditional savings or checking account. For users who benefit from motivation, automation and education, it can be a helpful place to start building better money habits.

For those focused on maximizing returns on large cash balances, a more traditional savings or money market account may be a better fit.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Jan. 5, 2026.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

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