Update 4/22/22: $120 deal is back again.
Update 10/18/21: Offer has increased now to 12,000 on Swagbucks (worth $120) or 20,000 on MyPoints (worth $126-$132). Swagbucks Link | MyPoints Link
Offer at a glance
- Maximum bonus amount: $75
- Availability: Nationwide
- Direct deposit required: No
- Additional requirements: Deposit $25+
- Hard/soft pull: Soft pull
- ChexSystems: No
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None
- Household limit: None
- Expiration date: None
The Offer
Available on Swagbucks
- Varo Money is offering a bonus of $75 when you open a new account and complete the following requirements:
- Deposit $25 or more
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 to worry about
Early Account Termination Fee
There is no early account termination fee.
Our Verdict
Nice thing about this bonus is no direct deposit is required. We’ve previously seen a bonus of $100 but that required a direct deposit and the standard bonus is $75 with direct deposit. I think this is probably a better deal for a lot of people and I will add it to the best bank account bonuses.
Hat tip to @AddingPennies & G
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
