Mango is closing down its 6% interest accounts. There’s already been some issues recently, but the account closing are now official and remaining balances will be mailed out by check.
This account offered a 6% APY on balances up to $5,000, with a $3 monthly fee.
Here’s the text of the notice:
Dear Cardholder,
As previously notified, we are closing your Mango Visa card at Sunrise Banks. If you had a balance remaining on your card or savings account, you will soon receive a check for your remaining balance. This check will be mailed to you at the address-on-record
The check should arrive within 4 weeks.
Please contact us with any questions at MangoSupport@praxell.com or at 1-855-687-2036.
Thank you,
Your Mango Support Team
HT: DoC
