Experian Launches ‘Experian Smart Money’ Checking Account

Experian has launched a new digital checking account called ‘Experian Smart Money‘. The basics are as follows:

• $50 sign up bonus with direct deposit of at least $1,000
• No monthly fees

Not a big fan of a consumer reporting agency/credit bureau being allowed to offer a consumer checking product like this. I assume it’s only a matter of time before they integrate Experian score boost into this product.  I’d hold off for a bigger sign up bonus if you want it purely for sign up bonus purposes.