Category: Checking

  • $50 to $300 SoFi Checking and Savings Account Bonus with Up to 4.60% APY

    We get tons of messages asking us where to find the highest interest paying checking or savings account. Here’s a highly recommended option that is the best interest rate you can make without going to a credit union or jumping hoops.

    SoFi Money is a cash management account with absolutely no fees. Similar to a regular bank account without all the hassles and fees. They also offer a higher interest rate than most banks. Best of all, all ATM fees are reimbursed when using their debit card, so it is a great account to use when traveling internationally. Also, there is no hard pull that will hurt your credit reports.

    Best of all, the sign up offer for the SoFi Money account was just increased to nice $50 – $300 bonus for new sign-ups! SoFi has been around since 2011 and have almost a million people using their app so they are growing significantly to be a competitor to the major banks with it’s high interest payout and easy to use interface and did we mention sign-up bonus!

    New App Members Sign Up Offer

    There are two new member offers for those signing up for both a SoFi Money and SoFi Invest account this month. As mentioned above, the SoFi Money bonus just increased, although it is still not as high as the bonus you’ll receive with the Sofi Invest bonus. You can get both bonuses because you are eligible to stack the bonus for each account.

    Additionally, if you refer friends or family members and they open up either account, you can continue to earn free money. You’ll receive $25 for everyone that opens up a SoFi Money account and $100 for a SoFi Invest account.

    To add more to the list of things we like with this app they are currently offering a 20% cash back on Netflix paid with their debit card this is similar to the promotion that they ran with Lyft where we profited over $100 in ride reimbursements last month.

    SoFi Checking and Savings Account Bonus: Up to $250 Bonus PLUS 4.60% APY

    SoFi Checking and Savings is much like other deposit accounts, except with one big benefit—you can earn up to 4.60% APY on your savings balance, as well as 0.50% APY on your checking balance. New customers can also currently earn a sign-up bonus worth up to $300 just for opening a new Sofi Checking and Savings account and receiving qualifying direct deposits.

    You also won’t have to jump through a lot of hoops to earn that elevated annual percentage yield (APY). All you have to do is set up monthly direct deposits of your paycheck or government-issued benefits. You won’t even have to receive a minimum direct deposit amount to earn the increased APY. If you don’t receive monthly direct deposits, you can still earn the top savings rate by depositing $5,000 or more each month.

    SoFi Checking and Savings: $250 Bonus
    It’s pretty common for banks to offer a welcome bonus when you sign up and meet certain requirements, and the SoFi Checking and Savings account is no different.

    New customers can currently earn a one-time bonus of up to $300 when they open a new SoFi Checking and Savings account before December 31, 2024.

    Go Here To qualify for the bonus:

    Open a new SoFi Checking and Savings Account.
    Receive at least $1,000 in qualifying direct deposits within a 25-day “Evaluation Period,” which begins the day your first qualifying direct deposit is received.
    Hit the minimum requirement to earn a $50 cash bonus.
    Reach the next tier to earn you a $300 bonus.
    Once you meet the direct deposit requirement, you’ll receive your bonus within seven business days after the Evaluation Period.

    SoFi Money: Earn 10% Back On Whole Foods, Trader Joe’s, Instacart, Netflix & Spotify

    SoFi Money is offering 10% back up to $50 for streaming and grocery store merchants.

    • Grocery stores:
      • Instacart
      • Whole Foods
      • Trade Joe’s
    • Streaming services:
      • Netflix
      • Disney+
      • Spotify

    Our Thoughts on Sofi

    When I tried opening both a SoFi Money and SoFi Invest account it took me just a few minutes to fully get both accounts set up. The process was seamless and transferring money into my account was easy. It’s not nearly as much a hassle as the big bank accounts.

    I received my SoFi Money cash bonus within just 3 business days of setting up my account, and I received my free stock from the SoFi Money account within the same time period. I also referred many friends and family members and most of those referrals show up the following day.

    It took about a week to receive my debit card. I tried it out on an ATM that charges a fee and I was immediately reimbursed. So far, I truly have enjoyed my new Sofi debit card!

    This is a great way to get some money back into your pocket simply by signing up for a debit card account. Unlike credit card welcome offers, there is no minimum amount of spend needed, no hard inquiry, and no guessing whether or not you are going to get approved. Many may just enjoy the benefit of the reimbursed ATM fees.

    Referring Friends (or spouse)

    To refer a friend, you’ll need to install the SoFi app. (I was able to find it quickly in the App Store). Once in the app, on the upper left-hand side of the welcome screen you’ll see a circle with a person icon enclosed. Click that button.

    Then, click the link that says “Invite friends.” From there, you can refer a friend to SoFi Money and SoFi Invest. You can save your referral link and send it to friends, or you can directly send the link via a text message, email, Twitter, Facebook, etc.

    Feel free to comment below with your experience and referral links from using SoFi.

  • 20% Cash Back on Lyft Rides – Pay with SoFi Money Card + $50 Bonus

    20% Cash Back on Lyft Rides – Pay with SoFi Money Card + $50 Bonus

    Get 20% cashback on every Lyft ride when you pay with your SoFi Money card – up to $1,000! Valid now through 2/18/20.

    This is nice new benefit on the SoFi Money card, which is already offering a $50 cash bonus when you open an account and deposit $100. New Lyft riders also get $5 credit. I’m surprised they are offering such a generous offer but it does get people to sign up and using their accounts. They might end this early…so you know the drill. If you’re a big spender on ride sharing, you can max out the $1000 cash back if you spend $5000 on Lyft through the expiration data of this promotion.

    Get 20% cashback on every Lyft ride when you pay with your SoFi Money card – up to $1,000! Valid now through 2/18/20. This is nice new benefit on the SoFi Money card, which is already offering a $50 cash bonus when you open an account and deposit $100. New Lyft riders also get $5 credit. I’m surprised they are offering such a generous offer but it does get people to sign up and using their accounts. They might end this early…so you know the drill. If you’re a big spender on ride sharing, you can max out the $1000 cash back if you spend $5000 on Lyft through the expiration date of this promotion.

    How To Get 20% Off Every Lyft Ride

    1. Open a free Sofi Money account. $50 Bonus: You’ll need to deposit some money anyway to use it so… deposit $100 and you’ll get a $50 cash bonus.
    2. Add your Sofi Money card to your Lyft account and make it your default payment method.
    3. Get 20% cash back every time you pay for your Lyft ride with Sofi Money.

    What is a SoFi Money card?

    SoFi offers a free cash management account with a $50 bonus offer when you open an account and deposit $100. They also give a $100 bonus worth of stock when you open a trading account and deposit $1000 but that’s a completely separate offer. These are are refer a friend offers. Feel free to use my links and post yours in the comments below. Thank you in advance if you do use our links!

    This is nice new benefit on the SoFi Money card, which is already offering a $50 cash bonus when you open an account and deposit $100. New Lyft riders also get $5 credit. I’m surprised they are offering such a generous offer but it does get people to sign up and using their accounts. They might end this early…so you know the drill. If you’re a big spender on ride sharing, you can max out the $1000 cash back if you spend $5000 on Lyft through the expiration date of this promotion.

    How To Get 20% Off Every Lyft Ride
    Open a free Sofi Money cash management account. $50 Bonus: You’ll need to deposit some money anyway to use it so… deposit $100 and you’ll get a $50 cash bonus.
    Add your Sofi Money card to your Lyft account and make it your default payment method.
    Get 20% cash back every time you pay for your Lyft ride with Sofi Money.
    What is a SoFi Money card?
    SoFi offers a free cash management account with a $50 bonus offer when you open an account and deposit $100. They also give a $100 bonus worth of stock when you open a trading account and deposit $1000 but that’s a completely separate offer. These are are refer a friend offers. Feel free to use my links and post yours in the comments below. Thank you in advance if you do use my links!

    Fine Print

    SoFi Money®? is a cash management account, which is a brokerage product, offered by SoFi Securities LLC. Member FINRA/SIPC. Neither SoFi nor its affiliates is a bank.

    SoFi Securities, LLC Member FINRA/SIPC.
    ¹ The SoFi Money Annual Percentage Yield as of 10/31/2019 is 1.60% APY (1.59% interest rate). Interest rates are variable and subject to change at our discretion, at any time. No minimum balance required.

    ² The following describes the terms that apply to participation in the SoFi Money Lyft promotional program (“Program”) offered by SoFi Securities LLC (“SoFi”). Promotion with Lyft through the Program is open to current SoFi Money members. No opt-in required. To participate, enter your SoFi Money debit card number in the Lyft app and use it to pay for rides. Promotion Period: 11/20/19 12:00PM EST – 2/18/20 11:59AM EST. Only Lyft rides completed and processed for payment during the Promotion Period are eligible for the Cash Back Promotion. 20% cash back is calculated using the quoted price for your Lyft rides only – it does not apply to other charges such as tips, cancellation fees, and other services such as rental and bike rides. Cash back will be rounded up to the nearest into the participant’s SoFi Money account. Cash back reimbursements can be delayed by up to 14 business days.SoFi reserves the right to terminate the promotion at any time without notice.

  • Stop Being Big Bank Slaves and Avoid Paying High ATM fees

    hello kitty cupcake atm machineMost of us rely on ATM Machines to get cash because not every business takes credit and debit cards. We also need cash to leave tips and it seems everyone wants a tip these days so that amounts to quite a bit. It’s recommended that you use credit cards most of the time for safety reasons and to really help avoid ATM charges if you pay them off each month. There are also other ways to avoid ATM charges that have been going up at over three times the rate of inflation each year.

    The average ATM fee is now over $4.50. The cost of ATMs and the data networks are actually going down and less expensive for banks. So they have no excuse to be charging these fees and you would think to remain competitive they would drop them as a major benefit. That is one of the main reasons I have had my checking with E*Trade bank for several years now because of the unlimited ATM fee refunds. (more…)

  • No More Unlimited ATM Rebates with Ally Bank

    AllyBankATMFeesOnline banking powerhouse Ally Bank is just beginning to notify customers of some changes that will affect checking, money market and savings accounts. The changes that will most likely not be big enough for some to switch over to another bank you should be aware of these that will be effective on August 15, 2015.

    One of the changes involves ATM Fees which Ally Bank prided itself on in most of its marketing. The online bank will be eliminating unlimited ATM fee rebates. Ally Bank will reimburse up to $10 per statement cycle in ATM fees other banks charge when customers use their Ally Bank debit card at any ATM machine nationwide. Basically if you go over 2 or 3 ATM withdrawals a month you will have to pay the other banks fees. The good thing about it is that Ally Bank will continue to not charge its customers ATM fees.

    For those of us that use ATM machines more than once or twice a month Ally Bank has joined the Allpoint network to allow customers no fee access to more than 43,000 ATMS in the U.S. They plan to include Allpoint ATM locations on its ATM and Cash Locator app by the end of August. (more…)

  • Double Debit Card Rewards with Discover Checking

    Discover Bank is now offering double your rewards on all eligible debit card purchases through July 2015. You can also sign up now for a $50 Bonus when you open a new Discover Cashback Checking account.

    There’s no need to enroll in this special offer, as all current Discover Cashback Checking customers are automatically eligible to earn double your debit card rewards.

    How To Double Your Discover Cashback Checking Debit Card Rewards
    Use your debit card in store or online from May 1–July 31, 2015
    Earn 20¢ cash back on up to 100 debit purchases each month.
    That’s up to $20 a month cash back you could earn.

    Since you already earn 10¢ cash back on up to 100 purchases and payments a month with the Discover Cashback Checking account, you can now double your rewards on your debit card purchases with no sign-up needed. You shall get your normal Cashback Bonus on your monthly statement. You can find the additional 10¢ Cashback Bonus the following month, listed under “Other Promotions.”

    Note that only the first 100 transactions each month (debit card purchases, online bill payments, and checks cleared) are eligible for rewards.

    You need to have a Discover Cashback Checking account open when the bonus is issued by September 5, 2015.

  • Perkstreet $25 Bonus Offer

    An extra $25 bonus plus a debit card that earns you a full two percent back on purchases could never hurt you during Holiday Shopping Season.

    Starting today, PerkStreet is offering a $25 bonus for all new customers when they sign up for a new PerkStreet account. All you have to do is sign up by December 25th and make 3 purchases with your new debit card within 30 days of opening your account.

    On top of this bonus cash back, you’ll earn 2% cash back on ALL non-PIN purchases for your first 3 months. After 3 months, you’ll earn 1-2% cash back depending on your account balance. Either way, no other debit card offers more cash back than PerkStreet.  On top of the two percent they sometimes have offers such as their 5% Holiday Perk you had to sign up for.

    Sign up TODAY using THIS LINK to earn your $25 bonus, plus start earning 2% cash back on your holiday shopping and save up your perks for a FREE holiday next year.
    (more…)

  • $50 Bonus from ING Direct

    I noticed this on my Tivo which the discount could work for anyone even if you do not have a Tivo if you just type in the promo code. This promotion is for a $50 bonus ING Direct account opening.

    Notice they use the words No Drama after the no Checking Fees.  Nice wording when your speaking to an audience that wants to be entertained such as Tivo.  We want drama but not with our Checking accounts like we get with the old-fashioned banks.

    Electric Orange works like a Checking account but earns like a Savings with No Fees.  Keep in mind you have to get the money to your ING Direct account it does not just appear and you will not be able to drive-thru and speak with a teller.  But who can turn down Fifty bucks!

    See more at INGDirect.com/nofees or just click on your home screen on the Tivo controller and you may see the advertisement at the bottom.

  • WaMu Helps you Save With 5.00% APY

    If you think that high interest accounts are only for the rich then think again. Washington Mutual bank (WaMu) is helping people save money for retirement and future emergencies down the road. The new Savings account promotion will get you 1 year for 5.00% interest when you deposit as little as $1 to start up the account.

    The high interest savings account works by taking money out of your WaMu checking account and depositing that money in your savings each month. The transfers would be $25 to $500 each month which are low enough that you may not even notice helping save for college or your future.

    You cannot put more than $500 in the account more than once a month so those of you with large amounts of money sitting around you should consider their CD at 3.25% APY. This 5% account is mainly intended to help families or people save money who are not good at saving money and helping them do that at a higher interest rate.

    To get into this great deal go into your local WaMu in Georgia, Illinois, Texas, or Washington and ask them to open a Savings for Success account. If you do not live in any of these areas I would recommend that you check out the other WaMu offers online where you can normally get the best deals on higher yields.