About Oxygen
Oxygen is a digital banking platform that focuses on providing financial services tailored for free thinkers, rebels, and entrepreneurs. It partners with The Bancorp Bank to offer a variety of banking products, allowing it to operate with the flexibility of a tech company. Oxygen's services include high-yield savings accounts with a 3.00% APY on balances up to $20,000, cashback rewards of up to 6% on purchases, and additional benefits like Global Entry reimbursement and lounge access. Users can also take advantage of features such as round-ups and unlimited savings goals to better manage their finances. Unlike traditional banks, Oxygen targets a diverse clientele that seeks convenient, tech-driven financial solutions. The company generates revenue primarily through interchange fees from card transactions and interest on loans. Oxygen's goal is to transform the banking experience for modern entrepreneurs and creators by offering a platform that meets their unique financial needs.