To keep you safe! Dave uses your phone number to create and secure your account instead of an email and password.
Your mobile number is much more difficult to steal and easier to verify than an email address.
We also alert you via SMS if your balance is ever at risk to prevent overdraft. If you're like us, you know that email sometimes slip through the cracks. This helps us notify you ahead of your purchase to make sure that coffee never costs you $35 in overdraft fees.
Don't want to receive Low Balance push notifications or text messages? You can turn 'em off by following the steps here: Turn off notifications