Monifi Bonus, Get $250 with Two Direct Deposits
Monifi is a digital-only bank. It’s part of Oklahoma-based MidFirst Bank. Monifi customers get two linked accounts, which are referred to as ‘balances’. There’s a spending balance, which doesn’t earn interest, and a savings balance, which does. A debit card is connected to the spending balance. The savings balance earns 0.60% APY. There are no monthly fees. And now if you want to join there a $250 Monifi bonus that is available nationwide. Check out the details below.
Offer
Receive $250 when you complete the following requirements:
- Set up payroll direct deposit to your Spend Balance and receive two payroll direct deposits of $1,000 USD or more within 90 days of opening your Monifi Relationship.
The payroll direct deposits must be an electronic deposit of the account owner’s paycheck, pension or government benefits, such as Social Security. $250 USD paid as a credit to your Spend Balance within 45 days of meeting promotion requirements. Offer may be changed or withdrawn at any time. Monifi Relationship must be open and in good standing to receive promotion incentive.
Eligibility
- This offer is available nationwide.
- Limit one incentive per customer.
Fees
The account has no monthly fees.
Guru’s Wrap-Up
This is a great bonus that is available nationwide and the best we have seen from Monifi. You do need to complete two direct deposits of $1,000 or more. There are some options that you have if switching up your direct deposit is a hassle with your employer. The account has no monthly fees either, so that makes it easier to manage it.
However, keep in mind that customers often report having major issues with Monifi, especially with the app itself. You can see some of the complaints here.
If this bonus is not for you, then you can check our full list of available bank bonuses. If you’re new to bank account bonuses, you can learn more about churning bank accounts here. Bank bonuses are a great way to generate some extra income, so it is worth looking into them. You can can definitely bring a few thousands of dollars annually, and most requirements can be easily completed from home.
Monifi Bonus Details
- OFFER PAGE
- Bonus: $250
- Account Type: Checking
- Availability: Nationwide
- Inquiry Type: Soft pull
- Opening Deposit Credit Card Funding: No
- Direct Deposit Requirement: 2 x $1,000 (see what works)
- Other Requirements: No
- Monthly Fee: No
- Closing Account Fee: No
- Expiration Date:
11/30/2112/31/211/31/222/28/223/31/225/31/22
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