[Fees Being Added] Lili Bank $50 Swagbucks

Update 4/17/23: Looks like they’re automatically signing everyone up for a “free trial” of their pro account for $9/month. The caveat being, you’ll automatically be billed $9/month after the 2 month trial unless you explicitly cancel. (ht bankbonus)

Update 1/20/22: Referral program will end on 2/20/2022.

Update 12/16/21: Referral now requires a direct deposit of $250+

Update 10/3/21: Swagbucks/MP now offers 5,000SB ($50) when opening Lili Pro with $25 + get $50 when spending $1,000 on the debit card. We’ve reported that the referral offer stacks with the Swagbucks, so it would seem you can get $200 in bonuses here with $50 + $50 from Swagbucks and an additional $100 from the referral. I assume the Drop won’t stack (either do Swagbucks or Drop). Lili Pro costs $4.99/month after the first month, so you might end up getting hit with one $4.99 fee.

Update 9/22/21: Referral bonus has been increased to $100.

Update 9/12/21: Now 90,000 on Drop ($90). Back to $70

Update 9/2/21: Lili is now on Drop for 70,000 points ($70). Requires funding the account with $200+ in 45 days.

Update 7/18/21: Swagbucks offer no longer requires direct deposit.

Offer at a glance

• Maximum bonus amount: $100
• Availability: Nationwide
• Direct deposit required: Yes, $250+
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: No
• Credit card funding: None
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: None

The Offer

Direct link to offer

• Lili Bank is offering 5,000 Swagbucks (worth $50) when you open a new account requires a $25+ deposit.
• There is also referral offer for $50 and these stack (open via Swagbucks and then add the referral code to bank application). Requirements for this are:
  • Use referral
  • Make $100 in debit purchase transactions with the Lili Card (transactions must post and settle within 45 days of account opening)
  • Receive at least $250.00 in a single qualifying Direct Deposit

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees

Early Account Termination Fee

Wasn’t able to find a fee schedule so unsure if there is an early account termination fee or not.

$50 Referral Bonus

You can get a $50 referral bonus, requirements are listed above. You can earn a maximum of $500 in referral bonuses. Please do not share your Lili referrals in this post. Instead share them in this linked posted.

Our Verdict

Assuming that both bonuses post then this seems like an easy bonus to meet the requirements for, even better if you can refer a few people as well. The risk is that the bonuses don’t stack properly (they have up until now), that would only be $50. We will add this to our list of the best bank account bonuses.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times