Offer at a glance
- Maximum bonus amount: $300
- Availability: Nationwide
- Direct deposit required: None
- Additional requirements: None
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None listed
- Household limit: None listed
- Expiration date: None listed
- Insurance: FDIC (partnered with Evolve Bank & Trust, Member FDIC)
The Offer
Direct Link to offer
- Relay Financial, a platform for small business banking and cash management, is offering the following signup bonus. Open a new account and fund with $10,000 and receive a $300 bonus when you maintain it for 90 days
Avoiding Fees
Relay has no monthly fees and no minimum balance and no overdraft fees.
Our Verdict
Previously this was only $150, but it also only required a $100 deposit. Account also earns up to 3.3% APY:
- When you are subscribed to the Starter Plan, the interest rate on your savings accounts is 1.02% with an APY of 1.03%.
- When you are subscribed to the Grow Plan, the interest rate on your savings accounts is 1.73% with an APY of 1.75%.
- When you are subscribed to the Scale Plan, the interest rate on your savings accounts is 2.99% with an APY of 3.03%.
Starter is $0 a month and others are $30 and $90 a month so really only starter that is worth considering. The bonus works out to be ~12% APY for the 90 days for a total of 13% APY, not a bad deal although for most people the earlier $150/$100 deal was probably better. Will add this to our list of the best bank account bonuses.
Hat tip to reader megabr
