Topcashback: Valley Direct High Yield Savings Account $150 Bonus

Update 6/18/25: Bonus is $150 on Topcashback and $100/10,000 on Rakuten (ht snailrock)

Update 4/8/24: Bonus is now up to $140.

Update 10/18/23: Bankbonus is now offering a $100 bonus.

Offer at a glance

• Maximum bonus amount: 6,000 Swagbucks ($60) or 12,000 MyPoints ($75-$80)
• Availability: Nationwide
• Direct deposit required: None
• Additional requirements: $1,000 initial deposit
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: None
• Household limit: None listed
• Expiration date: Unknown

The Offer

Swagbucks link | MyPoints link

• Swagbucks is now offering a tiered bonus of up to 14,000 Swagbucks (worth $140) when you open a new ValleyDirect account. Broken down as follows:
  • Deposit at least $1,000 to earn 8,000 SB!
  • Earn 2,000 SB for deposits between $3,001.00 and $5,000.00.
  • Plus! Earn an additional 4,000 SB for deposits over $5,001.00

Points will appear as Pending for 32 days.

Our Verdict

There’s no timeframe stated where you have to hold the $1,000 in the account. And so it should be an easy $60-$75 immediately with the initial $1,000 deposit. You won’t get a 1099 from the bank, and legally you’d presumably have to self-report the $60 income (please consult a tax advisor).

Separately, the account actually offers a nice 5% 4.8% APY interest rate. 

Hat tip to reader usdailyrewards