MoneyLion: $55 Referral Bonus

Update 2/28/22: Deal has been extended until April 30th, 2022.

Offer at a glance

• Maximum bonus amount: Up to $55
• Availability: Nationwide
• Direct deposit required: Yes, $100+
• Additional requirements: Opt in
• Hard/soft pull: Soft pull
• ChexSystems: No
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: February 28, 2022

The Offer

Direct link to offer

• MoneyLion is offering a $55 referral bonus when you complete the following requirements:
  • Create a RoarMoney account (both referrer and referee should have RoarMoney accounts) and get a $5 bonus
  • Referee switches their direct deposit to their RoarMoney account either via the MoneyLion app or through the form. Direct deposit must be $100+ and received within 60 days of account opening

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a full fee schedule so I’m unsure if there is any early account termination fee or not.

Our Verdict

Not as good as the bonus of up to $599 that was once offered, but I doubt we will see that again. I recommend only doing bank bonuses of $100+ so I’d give this one a miss and wait for something better to come along. Do not share your referrals in the comments below, they can be shared in this linked dedicated post instead.

Hat tip to reader Davis