
Mobile Banks That Pay You to Open an Account: A Comprehensive Guide
Mobile banking has become increasingly popular due to its convenience and cost-saving benefits. Many mobile banks now offer cash bonuses to new customers as a way to stand out in a crowded market. These bonuses can be a great way to earn extra money simply by opening an account and meeting certain requirements. Below, we delve into the details of these offers, including the top mobile banks that pay you to open an account, how to qualify for these bonuses, and tips for maximizing your earnings. Top Mobile Banks Offering Sign-Up Bonuses Several mobile banks provide cash incentives for new customers. Here are some of the most notable ones: Chime : Offers a $100 bonus when you set up direct deposits totaling $200 or more within the first 45 days. Varo : Provides a $50 bonus when you open an account and receive direct deposits totaling $1,000 or more within the first 30 days. Current : Pays $50 when you open an account and receive a direct deposit of $200 or more within 45 days. SoFi : Offers a $250 bonus when you set up direct deposits totaling $5,000 or more within 25 days. How to Qualify for Mobile Bank Bonuses To earn these bonuses, you typically need to meet specific requirements.