MoneyLion Promotions: $55 Referral Bonus + $5 Crypto Offer

MoneyLion is offering a $55 bonus when you open a RoarMoney checking account using referral code $TheMoneyNinja. You can also get $5 worth of crypto free when you buy $10 worth.

Already a MoneyLion user? Refer friends and earn bonuses! Full details of all the MoneyLion promotions, offers, and referral bonuses below!

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

What is MoneyLion?

MoneyLion is a financial technology company that offers FDIC-insured digital banking products. One of their products, MoneyRoar, is a checking account that features:

  • Early Paycheck = get your paycheck up to 2 days early
  • Zero Hidden Fees = no surprises
  • Debit Card Rewards = earn rewards on your daily spending

The debit card reward is interesting because you can earn cash back when you spend $10 or more just by shaking your phone with Shake ‘N’ Bank. You can earn up to 5x the value of your purchase every day up, up to $500.

MoneyLion Promotions

Offer #1: MoneyLion $55 Referral Bonus

Get a $55 referral bonus when open a RoarMoney checking account using referral code $TheMoneyNinja and deposit $100 or more within 60 days of account opening.

How To Earn Referral Bonus

  1. Open a RoarMoney account with referral code $TheMoneyNinja to get an extra $5 referral bonus (you must enter $TheMoneyNinja during the application process).
  2. Make a direct deposit of $100 or more into RoarMoney within 60 days of account opening.
  3. Receive a $50 deposit bonus.

You’ll make $55 in total; $5 when you open an account and an additional $50 once you make a direct deposit of $100 or more. The bonuses may take between 24 hours to 2 weeks to appear after completing the requirements.

Offer #2: MoneyLion $5 Crypto Bonus

Once you open your RoarMoney account, set up your MoneyLion Crypto account and earn an additional $5 bonus.

Simply buy $10 or more in any cryptocurrency and MoneyLion will deposit $5 of the same crypto into your account within 7 calendar days. This crypto bonus offer is listed under the ‘Accounts‘ section of the MoneyLion app.

Offer #3: MoneyLion Referral Program

Earn a $55 referral bonus for each person you refer who opens a RoarMoney account.

To access your unique MoneyLion referral link, visit the ‘Referrals‘ section of the MoneyLion App.

You’ll get a $5 bonus for every friend that creates a RoarMoney account using your referral link (or referral code). You earn an additional $50 when they make a direct deposit of $100 or more.

Refer as many people as you want, but you must have your own RoarMoney account in order to receive the cash bonuses (being a user of the MoneyLion app isn’t enough).

MoneyLion referral code
(Screenshot of MoneyLion app)

Offer #4: Earn Bonuses with Credit Builder Plus

Are you a Credit Builder Plus member? Then earn bonuses when you refer friends to Credit Builder Plus.

For every person who joins Credit Builder Plus with your referral code, you’ll both get a $10 bonus (or 500 points if you don’t have an investment account).

Refer 5 friends and get $50. Refer 10 friends and get $100. There’s no limit to the amount of people you can refer. Read MoneyLion’s post for full details regarding this win promotion.

Offer #5: Win $2,000 with MoneyLion Plus

Win up to $2,000 when you refer friends to join MoneyLion Plus.

  • For You: $10 extra in your managed investment account if you’re a MoneyLion Plus member or 500 points if you’re not a MoneyLion Plus member.
  • For Your Friend: $20 bonus ($10 referral bonus + $10 sign-up bonus) into their managed investment account.

For every three successful MoneyLion Plus referrals, you’ll win $5, $100, or $2,000 in your Plus investment if you’re a MoneyLion Plus member or 100, 1,000, or 2,500 points if you’re not. Read MoneyLion’s post for full details regarding this win promotion.

MoneyLion Plus is a subscription service for users of the MoneyLion app that gives them access to several great benefits. Here are the differences between the basic membership (Core) option and Plus:

Core Membership:

  • Free checking and debit
  • No overdraft fees
  • No minimum balance
  • No monthly fees
  • Access to 55,000 fee-free ATMs
  • Free managed investing
  • Free cash advances
  • Free credit monitoring

Plus Membership:

  • All features of Core membership
  • Personalized investment plan
  • $29 monthly fee ($0 if you log into the app every day)
  • $1 daily cashback rewards for logging into the app
  • Automated investments
  • Loans with interest rates as low as 5.99% APR
  • Free credit builder
  • Free credit score updates

The Bottom Line

A $55 bonus is lukewarm considering other apps like MoneyLion are providing better sign-up bonuses (like Chime, Juno, and Albert). The MoneyRoar account also has a $1 per month service fee for accounts with balances less than $5,000.

Although the bonus is on the smaller side, I still did it because I feel part of my job is to sign up for everything 🙂 A TMN reader sent me this promo and I signed up during a commercial break – making money during “downtime”!

I’ll try this app out for a few months and update this post on my thoughts. They were a major sponsor at a personal finance conference (FinCon 2022) I attended and seem to be really eager in making this a great fintech app so we’ll see.

If you’re into sign-up bonuses, we have dedicated pages for bank offers, stock offers, and crypto offers.

3 thoughts on “MoneyLion Promotions: $55 Referral Bonus + $5 Crypto Offer”

    • You’re like me dude – we do everything! 🙂

      I signed up last week and got $5 the morning after I signed up. Made a direct deposit earlier today and the $50 bonus has already been sent too.


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