MoneyLion Referral Code $TheMoneyNinja Gives You $60 Sign-up Bonus

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!

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase BankSoFi, U.S. Bank, and Axos Bank.

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 MoneyLion 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.

Availability: Nationwide
Expiration: N/A
Household Limit: None
Direct Deposit Required: $100 (see what counts as a direct deposit)
Soft/Hard Pull: Soft
Early Account Termination Fee: None

MoneyLion $60 Sign-up Bonus
(Screenshot of MoneyLion app)

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

Occasionally, referral bonuses get increased to $60 ($10 sign-up bonus and $50 direct deposit bonus) for a short promotional period.

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

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.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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4 months ago

Hi John, can you verify if the $50 referral is still ongoing? I used your link and try to sign up today, and it acknowledged your name, but there is no mention of the incentive anywhere. I don’t think I will sign up if it is only for $5 (too much hassle).

Brian G
Brian G
2 years ago

Just signed up using $TheMoneyNinja got the instant $5. They have a $1 monthly fee. Let’s see what happens

Brian G
Brian G
2 years ago
Reply to  John Pham

Oh yes 😁, thanks for your hard work. And putting money in my pocket. I appreciate it

Kristen Vanhooser
Kristen Vanhooser
7 months ago
Reply to  Brian G

Do you have psecu credit union? $100 bonus and no deposit required ❤️