Do you like money? What about free money from sign up bonuses?
Of course, you like money. And of course, you like free money too. What kind of question is that!?
What if I told you that there are legitimate companies out there giving away free cash for you to sign up for their service?
So many companies want your business and will bend over backward to get it. So many startups have cash and need users, so they'll pay. They want to be on the first page of apps on your phone, they want you to use them, talk about them, share it with your friends… and to get you to do it they will pay you.
This page will update the best sign up bonuses you can get today.
Bank Sign Up Bonuses
Banks aren't giving up toasters anymore for new accounts – get bonus cash now!
CIT Bank – up to $500
CIT Bank has a promotion for new and existing customers where you get a cash bonus for opening a Savings Builder account and depositing money. The more you deposit the greater the bonus.
Open an account and make a deposit within 15 calendar days:
- Get $150 if you deposit $25,000 – $49,999;
- Get $300 if you deposit $50,000+
Then, keep that balance in there for 90 days after the end of the funding period – boom – cash in your pocket. All the while, the Savings Builder account will pay you interest. No direct deposit required — it's one of the easiest promotions for banking right now.
CapitalOne360 Performance Savings – up to
CapitalOne360 is one of my favorite online banks and they will give you up to when you open a 360 Performance Savings account and deposit a large sum of money. To qualify for any bonus, you need to deposit at least $10,000. For every $10,000 you deposit, the bonus increases by $100 up to $500 ($50,000 deposit). Just make sure you put in the code when you open your account.
It's a great online bank with no minimums and no fees, I've been using them for years and it currently offers an interest rate of 1.30% APY.
Bonus is deposited 60 days after you've completed the requirements.
Chase Total Checking – $200
If you are near a Chase Bank, you can get their Chase Total Checking accounts along with a nice fat $200 bonus.
All you have to do is open the account, set up, and receive a direct deposit within 60 days. That's it, no minimum amount required on the deposit. Then, keep the account open for 6 months and the cash is yours.
It's a pretty juicy offer from a major bank and you can open it up online.
Check all the terms and conditions of this Chase promotion for full details.
Credit Card Sign Up Bonuses
Credit card companies will also give you bonus points for signing up. There are a ton of credit card promotions so we can't possibly list them here but compile a larger list of the best credit card promotion offers here. Here are the highlights:
Chase Sapphire Preferred – $600 Cash or $750 in travel
Get 60,000 bonus points after you spend $4,000 on purchases in the first 3 months of account opening. That's worth $600 cash or $750 on travel booked through Chase Ultimate Rewards. It comes with a $95 annual fee. You also get 2X points on travel and dining at restaurants, 1X points on everything else.
Southwest Airlines Rapid Rewards Plus Credit Card – 40,000 Rapid Reward Points
If you travel a lot of Southwest Airlines, the Southwest Airlines Rapid Rewards Plus Credit Card will give you 40,000 Rapid Rewards points after just $1,000 in purchases in the first 3 months your account is opened.
If you value each point at around 1.66 cents, that's over $600 in airfare. That will get you also that much closer to Companion Pass, which means a friend can fly with you for free! $69 annual fee.
Stockbroker Sign Up Bonuses
The days of giving you a toaster are over. Now, banks are giving cash for new accounts and the bigger the deposit, usually the bigger the bonus. Sometimes you'll need a direct deposit too, but you can set that up with a job, to avoid fees.
Webull – free share of stock
Webull is a stock brokerage that offers free trades and free stock when you sign up. The account is free, there are no minimums, and you can get a free share of stock valued between $5 and $500 as long as you finish your account opening process within 24 hours. When you make your first deposit of $100, they will give you an additional share of stock valued from $12 to $1,400. (more details on the Webull offer)
Robinhood – Free Share of Stock ($3 – $150)
Robinhood is a stock trading app that has zero transaction fees. Buy and sell shares of stock in real-time, pay absolutely nothing in transaction fees. Robinhood makes money on their premium Gold accounts and rebates they get from the exchanges for helping fulfill transactions.
They recently raised $110 million at a $1.3 billion valuation and are giving away a free share of stock when you sign up. You can read more details about the Robinhood free stock promotion here but it's pretty straightforward – download the app, fund it, then get your free stock. No activity or maintenance fees to worry about. You can sell it after 2 business days.
The stock is valued between $3 and $150.
Ally Invest – up to $3,500
Ally Invest will give you a cash bonus when you open an account and deposit at least $10,000 within 60 days – this includes any amounts you transfer in from other brokerages. If you've been unhappy with your existing brokerage, or just looking to make a change, this is one of the richest bonuses available right now for new brokerage accounts.
Ally Invest is a great stock brokerage because they do not have a minimum balance, no maintenance fees, and there are no commissions on trades of stock, ETFs, and options. They will also reimburse you the ACAT fee, what another brokerage charges to transfer your assets in-kind, up to $150.
Stash – $5
Stash is an app that helps you invest even if you don't have a lot of money to invest. You can start with as little as a few bucks and you pick portfolios of ETFs that match a theme.
It does come with fees – $1 a month for accounts under $5,000 or 0.25% per year on accounts over $5,000. It's free for the first month.
Rewards Sites Sign Up Bonuses
Rewards Sites are those that pay you to do the things you already do on the internet – like taking surveys, watching videos, reading emails, and shopping online. Many will entice you to join them by giving you a little extra just to sign up.
TopCashBack – $15 cashback bonus
TopCashback is a cash back shopping portal where you earn a percentage back from each purchase you make through their portal. My favorite way to use this is to shop as normal and, before I buy anything online, see if TopCashback is offering any cash back on purchases.
Let's say you're about to buy a pair of sneakers (or anything) on Nike.com, you can earn 6% back on your purchase.
For a limited time, they'll load your account with a $15 bonus that will get added whenever you cash out. Super easy free money right here!
InboxDollars – $5
InboxDollars is one of several sites that will reward you for all of those things and more. They one of the few that will pay you to read emails and click on a button inside. We go into much greater detail in our review of Inbox Dollars so check that out if you want to dig deeper.
When you sign up, they will give you $5 to start your account. It's free to join.
Swagbucks – $5
A lot like InboxDollars, Swagbucks rewards you for all the same activities online plus gives you $5 to start. With Swagbucks you earn Swagbucks (SB) which you can convert 300 SB to $3 on Amazon – a pretty low threshold compared to many other places. It's about as low as you can get so you don't need to go weeks between awards. (read our Swagbucks review)
MyPoints – $10
MyPoints is a cashback site where you earn points whenever you shop at a partner store like Groupon, eBay, etc. When you sign up, you will get a $10 gift card when you make a purchase of $20 or more with one of these qualifying partners. You'll get 1750 points, the equivalent of $10.
You're going to buy stuff online, you might as well pick up a $10 gift card along the way!
Rakuten – $10
If you don't have an account already, they'll give you a $10 welcome bonus after a $25+ purchase within 90 days.
They used to be called eBates and was started in 1998, which makes it very old in internet years, and is now owned by and named after Rakuten, a massive e-commerce comment based in Japan.
Other Sign Up Bonuses
Startups are always looking to gain users and willing to pay you just to sign up. These are the ones that don't quite fit any of the other categories.
Arcadia Power – $20 Amazon Gift Card
If you live in a state where you can choose the source of your electricity, you can get clean renewable energy without paying more. When you connect your utility company to Arcadia Power, they will not only provide you with electricity from renewable sources but they will also secure the lowest rates possible.
They will get you 50% clean energy through the purchase of Renewable Energy Certificates, absolutely free. If you want 100% clean energy, they charge you an extra 1.5 cents per kilowatt-hour of electricity but that's optional. There is no contract, you can cancel anytime, and it's free (they make money from bringing customers to community solar projects to get them off the ground)
Netspend – $20 Cash
Netspend is a prepaid debit card that will give you $20 if you sign up through a referral. You will receive a debit card in the mail and while there are no maintenance fees, there is a small $1.50 per transaction fee. I turned it into an Amazon gift card and added the credits to my account for use later.
It's a pretty easy way to earn twenty bucks plus you can then start referring people to earn more.
Credible – $200 bonus
Credible is a student loan consolidation and refinance company that can help simplify your student loan situation while reducing your payments with better rates. It works with federal and private student loans, applications do not impact your credit score, and they're looking to disrupt the loan space.
You can get a $200 bonus when you refinance your loan with them.
What free money offer will you snatch up?
This first suggestion is not “free” money per se, it's your own lost money. Go to MissingMoney.com and search for your name and state.
When banks, insurance companies, governments, etc. try to pay you and the check gets returned, it eventually goes to the state's Unclaimed Property division. This tool, run by the Unclaimed Property Clearinghouse, searches for your money and tells you how to get it back.
Why Are Companies Doing This?
When a company is trying to get customers, what does it do? Advertise right? They buy television commercials, pay for Facebook and Instagram ads, or maybe they get a spread in the magazine or on a billboard. It's all the same.
They are paying to reach new customers.
Why not cut out the middleman and pay you to try them? Robinhood doesn't want to give you free stock because they're generous. They know switching your stock broker is a pain in the butt so they want to give you a free share of stock to give them a try. It's more direct and probably cheaper than buying an ad anywhere else… plus they can keep track of it. They've been doing the promotion for so long that if it wasn't profitable, they would've cut it a long time ago.
Just last year, Robinhood scored a $323 million Series E funding round valuing their company at $7.6 billion. BILLION. And they're looking to raise even more money in 2020. Flush with all that cash, they need even more customers so it's time for you to get on top of their free stock promotion!