OnePay, formerly One Finance, is a mobile banking app that is offering a 3.35%1 APY on their high-yield Savings with no monthly fees or minimum balances. This fintech platform is also currently providing a $50 welcome bonus for new customers! Full details 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.
Offer #1: OnePay $50 Sign-Up Bonus
OnePay is offering a $50 welcome bonus when you open an account and complete either the minimum direct deposit amount OR reach the required total account balance within 45 days of account opening.
Step-by-Step Directions:
- Open a OnePay account using this link.
- Within 45 days of account opening, complete a minimum of $500 in total direct deposits in a calendar month OR end a calendar month with a total account balance of $5,000 or more.
- Receive $50 cash back that will automatically be added to your account within five days of completing the offer requirements.
Offer Terms & Conditions:
- New customers can each earn 5,000 OnePay Points (redeemable for $50 cash) when they (i) open a OnePay Cash account using a current customer’s unique referral link during the Program Term and (ii) unlock OnePay Cash+ within forty-five days of account opening. To unlock OnePay Cash+, a customer must either (i) receive $500 or more in Direct Deposits in a calendar month, or (ii) end a calendar month with a total account balance of $5,000 or more.
- The qualifying Direct Deposit must be an automated payment method where funds, such as paychecks, gig platform payments, retirement payments, or government benefits like unemployment payments or Social Security, are electronically transferred to your account.
- Payments or transfers through person-to-person providers such as Venmo, PayPal or Cash App are not considered a Direct Deposit.
- Cash deposits, mobile check deposits, wire transfers, OnePay to OnePay transfers, and ACH funding or debit card funding transfers initiated from the OnePay app also do not qualify as Direct Deposits.
Offer #2: $1 Cash Back Per Gallon Of Gas
OnePay is offering $1 per gallon back on gas fill ups every Wednesday through September 15, 2026 at over 18,000 partipating gas stations.
All you have to do is activate the offer on a Wednesday before you refill your gas. This is an excellent deal, especially with how high gas prices have been.
For example, the regular 87 octane gas around here is about $4. Getting $1 off is a 25% discount, and that before you take into account whatever the baseline reward is on OnePay and the points/cash back you get from using a rewards credit card.
- Bonus Term: 05/27/2026 – 09/15/2026. Each Wednesday (from 12:00 AM–11:59 PM Pacific Time) during the Bonus Term, purchases of gas using a OnePay Reward gas offer (“Gas Offer”) can earn $1 cash back per gallon, subject to the limitations of the Gas Offer used (e.g. spend caps or gallon caps).
- Only purchases made on a Wednesday qualify for this Bonus.
- The $1 cash back through this Bonus is in addition to any cash back amount stated in the OnePay app for the Gas Offer used and any cash back earned by customers who have selected Gas as their monthly cash back category.
- Gas Offers are not available in New Jersey or Wisconsin.
- Cash back amounts and caps vary by Gas Offer and details can be found in the OnePay app.
- Making a purchase through a Gas Offer with a OnePay CashRewards Card or third-party cards linked in the OnePay Wallet require use of the physical card.
- Cash back is earned as OnePay Points, redeemable as a deposit into a OnePay deposit account or other available options.
The Bottom Line
Great and easy bonus, especially for those without direct deposits because you can just deposit external funds to complete the offer. The OnePay app doesn’t use ChexSystems so you should be approved even if you signed up for number of bank bonuses recently. I’ll add this to the list of the best bank bonuses.
OnePay banking is also interesting. Besides the competitive APY for savings, it also offers a debit card that earns up to 5% cash back on select brands and 3% cash back at Walmart and Walmart.com (up to $50 per year with eligible deposits).
To receive 3% cash back at Walmart though, you need to complete $500 or more of eligible direct deposits in the previous month OR have a total account balance of $5,000 or more.
OnePay is a financial technology company, not a bank. Banking services provided by Coastal Community Bank, Member FDIC.
13.35% annual percentage yield (APY) applies to the Savings balance of OnePay Cash customers who either (i) received $500 or more of Direct Deposits in the previous month or (ii) have a total daily account balance of $5,000 or more. 3.35% APY is also earned on Pay Autosave and ONE@Work Save balances without these deposit or balance requirements. In all instances, 3.35% APY is limited to a total Savings balance of up to $250,000. All other Savings balances will earn 1.00% APY. APYs are as of 01/13/2026, but may change at any time before or after account opening.
