Relay Financial Banking $150 Signup Bonus For Depositing $100

Offer at a glance

  • Maximum bonus amount: $150
  • 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 $100 and receive a $150 bonus

Avoiding Fees

Relay has no monthly fees and no minimum balance and no overdraft fees.

Our Verdict

Previously offered a similar bonus for people that were affected by Brex stopping support.

Hat tip to snailrock
    William Charles
  • On December 28, 2024, 16:37

View Comments (172)

  • So this is expired now it is January 1, 2025 right? Also if I have several LLCs, would I be able to start this account for each of them and still get the bonus (when they run this promotion again?). Thanks.

    • link still works, I don't see the expiration on the actual Relay site anywhere

      dunno if you'd be paid, but worth considering.

      I imagine: "Offer applies to users who do not yet have a Relay account" means 1 per person, regardless of the number of llcs you have

  • I’m in! Applied today sole proprietor. It said 1-2 days approval. Yet was approved within a few hours. How long do we have to keep it open? Are there any fees?

  • Initially approved but then account locked and closed. I received same email as Davis below and submitted Facebook marketplace sales for my “retail” business. I guess they didn’t like my answer and closed my account. P2 opened account with same exact business info and no issues so far, so not sure what triggers their review. They said if the $100 is transferred successfully (it’s already been debited from linked account), it will be held for 45 days while their “banking partners conduct their closed account investigation”. Should be a fun time trying to get it back

      • Probably. We have until January 15, per the offer page.

        DP: Applied the evening of December 31 as a sole prop bookkeeper using a Gmail address. I have an EIN, but was asked for my SSN only. Linked a bank via Plaid. Went pending "for 1-2 days" but received approval email after 45 minutes.

  • Appproved, applied as sole proprietor with SS and personal Gmail account. Did the selfie and drivers license pics.
    I applied through the $150 for $100 link, but there was a glitch in the process and the application was incomplete.
    I got an email soon after to complete my app for a chance to win $25k with $100 deposit, but no mention of $150 bonus.
    Hopefully not an issue, although I would rather win $25k than $100!

  • Relay is great, been using them since Brex rolled my account over, it was super easy. No fees, no worries. I'm a sole prop with EIN never asked me for LLC

  • Rejected. Applies as a sole prop with a personal gmail account. I do have an actual business but no online presence.

  • Got my account locked and had to upload documents and information for:

    • What is the purpose of your business?
    • Please provide any online presence for this business (website, social media, linkedin)
    • Please provide any recent business documentation such as a signed contract with a client
    • Please provide a recent business or personal bank statement with a bank other than Relay
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