T-Mobile is discontinuing its dedicated T-Mobile Money app, encouraging users to transition their banking services to the all-in-one T-Life app. This move follows T-Mobile’s recent efforts to expand T-Life’s functionality and consolidate their services, including the earlier folding of the T-Mobile Tuesdays app into T-Life.
Users of T-Mobile Money will still be able to use their existing debit cards and accounts until the transition, with advance notifications promised before the Money app is officially retired. Importantly, customers won’t be forced to switch exclusively to T-Life for banking, as the T-Mobile Money website will remain available for account management on any device.
T-Mobile is sweetening the switch by offering a lucrative 4% Annual Percentage Yield (APY) on checking account balances through November 30, 2025 — a significant increase from the current 2.5% APY. After December 1, the 4% rate will apply to the first $3,000 in the account, with balances above that earning the 2.5% standard rate.
Despite these benefits, some users have expressed concern over T-Life’s reputation, notably a past privacy controversy involving screen recording, and complaints about its functionality. Reddit discussions reveal mixed reactions, with some T-Mobile customers hesitant to move banking features into the reportedly intrusive and unfinished T-Life app.
T-Mobile aims to provide an integrated user experience by combining multiple services into T-Life, but the company will need to address user trust and app performance to ensure a smooth transition from the standalone T-Mobile Money platform. For now, customers are encouraged to review official FAQs and prepare for upcoming changes to their mobile money management.