Review Time
I transferred about $20,000 in USD to this account. Then I found out we could not exchange the coins and move back to another exchange. Cost 2% every time we transferred money because they only allow three transfers and a maximum of 5000 US DT per day. I would stay away from exchange as much as possible since supposed to change allow you to transfer as much coins as you want.
I concur with everyone else regarding Juno's failure to resolve the Evolve Bank fiasco. My son is 22 and his first 2 years of hard earned savings ($27,000) is now lost because the bank Juno is involved with went bankrupt. Your money with Juno is NOT FDIC insured even though they trick you into believing it is. In this very review they will claim to want to contact me about the "resolution." There has been NO resolution for anyone involved. They continue to point the finger.
Please stay away from this app. People have lost their life savings and they haven't taken any responsibility. In fact I've reached out to them several times for updates, but for some reason their system won't give me any updates via emails. I along with many user have lost their hard earned money through this app. They always kept changing their practices, first they slyly changed the 5% APR thinking they will fool their customers. And now all the customer funds are frozen and they expect users to join them again with new partner banks, what a joke!!Their practices are highly shady with no moral integrity, they used to be my favorite app as they were giving cashbacks on major retail chains, but slowly it all went away with no prior notification. I guess the recent changes make sure that they will never get any customers back and for anybody thinking of joining this app for any of their promotional marketing gimmicks, please stay away as they will lose your money too.Update: just spoke to their team after their response to my review and they are still clueless to when this will be resolved and they still don't know when will their customers get their money back. Simply amazing.
This company has locked all accounts for the last month. One of their partners has gone bankrupt and an FDIC trustee has been assigned. Their only response is that “this isn’t their fault, and they are working as fast as possible”. This bank has always been “scammy”, and now they’re trying to avoid declaring bankruptcy, while ruining the financial lives of their customers. I will live the rest of my days making sure nobody gets robbed like I have. The management from this bank should be in jail, and I cannot wait to hear all the scummy things they did to lose my money. Please save yourself the trouble; and bank elsewhere.
Never do business with this group. They have stolen millions of dollars from depositors and will not take any responsibility. In their propaganda for soliciting business they insinuated that all dollars were FDIC insured. They never pointed out that the passed the dollars on to a middle man that was not a bank to deposit the dollars with banks....lo and behold the middle man declares bankruptcy and all dollars have disappeared. Shame on OnJuno! Some people belong in jail!!!
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Juno (previously OnJuno) is a crypto friendly banking platform that lets you earn, invest and spend both your cash and crypto from one powerful checking account.
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