Porte Banking Promotions: $100 Bonus + 3.00% APY

Get a $100 bonus when you open a Porte banking account and make qualifying direct deposits. Plus, earn up to a 3.00% APY on your deposits every quarter you meet the requirements for the Bonus Savings.

Existing users can refer friends and family and earn $50 to $100 for each person that successfully joins Porte through their referral link.

Full details of all Porte promotions along with how to earn 3.00% APY on your money 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 Porte?

Porte is a mobile banking app with bank services provided and FDIC-insured through Metabank. The Porte account is a hybrid checking and savings solution that features no monthly fees, no minimum balances, and fee-free access to over 32,000 MoneyPass ATMs across the United States.

Its biggest benefit is the Porte Savings Account that earns a base rate of 0.20% APY, but if you meet the requirements for the Bonus Savings each quarter, you’ll earn a 3.00% APY on balances up to $15,000 during that quarter!

Porte Banking Promotions

Offer #1: Porte 3.00% APY Savings Bonus

Increase your savings rate from 0.20% APY to 3.00% APY each calendar quarter that you meet the Savings Bonus!

To qualify for the bonus 3.00% APY interest during a calendar quarter, receive qualifying direct deposits totaling $3,000 or more and make at least 15 transactions with the Porte debit card.

(Image from Porte)

Once you receive a qualifying direct deposit of $1,000 or more in a calendar month, you become eligible for Porte’s Savings Account. Once eligible, the option to set it up will show up in your Porte app.

Making 15 debit card transactions in 3 months is not difficult and there are creative ways to do this. For example, you can just reload your Amazon account in $1 increments 15 time.

Offer #2: Porte $100 Sign-up Bonus

Get a sign-up bonus of $100 when you open up a Porte banking account and make qualifying direct deposits within six months of account opening.

Ninja Update: Sign-up bonuses have been paused at this time. Check back often as Porte may revive this bank bonus or offer similar deals in the future.

How To Get $100 Sign-up Bonus:

  1. Open a free Porte banking account using this link.
  2. Ensure your referral makes direct deposits totaling $500 or more within 6 months of account opening.
  3. Receive $50/$100 referral bonus within 24 hours after the qualifying direct deposit has been posted to your referral’s account.

Offer #3: Porte Referral Bonus – $50 to $100

Porte offers referral bonuses of $50 and up $100 for each person you refer and successfully opens an account. Your friend will also get a bonus of the same amount.

Ninja Update: Referral bonuses have been paused at this time. Check back often as Porte may revive this promo or offer similar deals in the future.

How To Get $50/$100 Referral Bonus:

  1. Invite friends to open a new Porte banking account using your personal referral link.
  2. Ensure your referral makes direct deposits totaling $500 or more within 6 months of account opening.
  3. Receive a $50/$100 referral bonus within 24 hours after the qualifying direct deposit has been posted to your referral’s account.

Each user can receive up to $500 in Refer-a-Friend rewards while the referral program is active.

The Bottom Line

All Porte bonus offers and referral bonuses ended in late 2021/early 2022, which is unfortunate since Porte is also a good option to earn a high interest rate. Nevertheless, I’m going to open an account anyway and deposit $15,000 to maximize the 3.00% APY.

My family has already maxed out on other high interest options like this amazing I Bonds deal, so I’m always looking for other places to optimize idle cash.

If you came here specifically for a bank account opening bonus, check out this list of all bank offers that include excellent deals like these Chase Bank promotions.

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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