T-Mobile can now add 'banking' under their list of services. The wireless cellular company announced today a new product called Mobile Money, a smartphone app that combines personal finance with a prepaid Visa card. The card offers free checking and ATM withdrawals. The new program offers no fees associated with overdrafts and maintaining accounts, it is made to function like any other checking account. 

 T-Mobile wireless customers can sign up for direct deposit as well as deposit money by taking a photo of a check. Customers can also withdraw money from 42,000  in-network ATM locations at no cost. Mobile Money is targeted to people who don't have access to traditional checking accounts associate with a bank or use check cashing services that charge high fees.  Customers sign up and activate the card online or at their local T-Mobile store. The Mobile Money app is available for Andriod and iPhone users.