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!
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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
- Open a RoarMoney account with referral code $TheMoneyNinja to get an extra $5 referral bonus (you must enter $TheMoneyNinja during the application process).
- Make a direct deposit of $100 or more into RoarMoney within 60 days of account opening.
- 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).
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 “meh” considering other apps like MoneyLion are providing better sign-up bonuses (like Chime, Aspiration, and Albert). The MoneyRoar account also has a $1 per month service fee for accounts with balances less than $5,000.
I’d recommend most readers to skip this referral bonus and wait for a better offer. I’m still going to do 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”!
If you’re into sign-up bonuses, we have dedicated pages for bank offers, stock offers, and crypto offers.
Just signed up using $TheMoneyNinja got the instant $5. They have a $1 monthly fee. Let’s see what happens
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.
Oh yes 😁, thanks for your hard work. And putting money in my pocket. I appreciate it