The gaming industry has grown over the years. The world of gaming has turned into an entertaining, creative, and lucrative hobby. Gamers can play with friends, stream gaming experiences, try mobile apps for cash, and even design and develop games in their free time. No matter your gaming preferences, passions, skill levels, or experience, you can turn your love of gaming into passive or regular income if you want to.
The Cost of Gaming
If you’re interested in growing your gaming revenue, you’ll need to make sure that your finances are in order. Whether you want to design graphics, build gaming apps, enter competitions, live stream, or get paid to play PC and video games, you’ll likely need some cash to get started. You’ll need money for gaming consoles, computer monitors, headsets, microphones, lighting, games, and software. Organizing, managing, saving, and tracking these expenses is time-consuming.
Luckily, setting up an account with a bank like ONE can ease your frustration and help you reach your gaming goals.
What is ONE?
ONE is a free online bank for consumers across the US. Established in 2019, ONE has changed the banking game, making it easier for customers to stay on top of their finances.
Here are a few ways that ONE’s virtual banking model can help get your gaming career off the ground:
A Secure, Free, Designated Gaming Account
Keeping your finances separate is ideal when your income shifts from passive to active. A separate account makes it easy to receive payments, pay bills, complete transactions, and view monthly statements tied to gaming. ONE offers a secure and free account for just this type of thing.
ONE accounts are fee-free; no initial deposits, minimum balances, monthly maintenance, foreign transaction, wire, overdraft, or hidden fees are required. All of the money you save on banking fees can go straight back into your gaming endeavors.
Get Organized With Pockets
Gaming devices, accessories, and software are costly. You could easily spend more than your budget allows if you’re not careful. Luckily, ONE’s Pockets can help you stick to your gaming budget. Pockets are sub-accounts linked to your ONE card. They can be customized to match your budget’s line items (games, apps, internet, accessories, etc.). You can schedule transfers to each Pocket to keep your spending limits under control.
Multiple Ways to Receive Payments
There is no shortage of ways to receive payments for gaming. Some platforms deposit the funds into a checking or savings account, while others use services like CashApp and PayPal. Managing the various payment methods and accessing your cash is often a pain. Some gamers use multiple credit cards, while others request paper checks, which can take weeks to receive and clear the bank.
ONE customers don’t have this problem. You can receive funds to your account by linking external accounts or connecting your debit card to payment service platforms. Simply select your ONE debit card or account number and schedule a transfer. You’ll receive your funds in just a few business days.
Save For All Your Gaming Needs
Until the big bucks start rolling in, you’ll need to find ways to afford the cost of your gaming needs. When purchasing big-ticket items, sometimes the best option is to save until you reach your target amount. Unfortunately, traditional banks and credit unions don’t offer that much interest, making it take longer to reach your savings goals.
If you open an account with ONE, you’ll find plenty of savings opportunities. Transfers into the Save Pocket accrue 1.00% APY. There’s also an Auto-Save feature that can help you increase your savings. ONE rounds transactions to the nearest dollar and deposits the change into the Auto-Save Pocket. That change will accrue interest at 3.00% APY.
Gaming is more than entertainment; it’s a lifestyle. If you use your skills to your advantage, you could turn your love of gaming into a money-making opportunity. Opening an account with ONE can put you a step closer to your dreams.