Offer at a glance
Maximum Bonus Amount: $100 for each party/ $25 for each party
Availability: Nationwide
Additional requirements: 15 debit transactions/ $100 minimum balance
Hard/soft pull: Unknown (soft according to customer service rep)
ChexSystems: Unknown
Credit card funding: Can fund up to $100 with a credit card
Monthly fees: $10, avoidable
Insured: FDIC
The Offer
Fitness Bank is offering the following two referral offers:
When your friend opens a Fitness Elite checking account, each of you gets $100 bonus deposit, plus you each get 100,000 bonus steps.
Use promo code: Bonus+YOUR FRIEND’S NAME (no spaces, for example: BonusJaneDoe)
Qualifications: 15 debit card transactions must post to the new account in the most recent statement period (monthly statement that concludes 90 days at or after account opening). Also, the account must have a positive balance.
When your friend opens a Fitness savings account, each of you gets $25 bonus deposit, plus you each get 25,000 bonus steps.
Use promo code: Bonus+YOUR FRIEND’S NAME (no spaces, for example: BonusJaneDoe)
Qualification: the account must maintain $100 minimum balance
Do Not Share Referrals In The Comments Below.
The Fine Print
The Free Bonus Deposit offer ends December 31, 2023.
Bonus is not available if referred person has an active account or has had one within the past 12 months.
Accounts must be in good standing at time of payment and qualifications must be met.
Bonus payment will be transferred into the newly established account and the account of the person making the referral within 45 days after the end of the 90-day qualification period that begins after account opening.
Bonus may be subject to tax reporting, applicable 1099 may be sent for tax purposes and the customer is responsible for any applicable taxes.
Due to privacy concerns, we cannot discuss the status of the referred account with the referrer.
At time of application the referred person must enter in the promo code field the word Bonus + the referrer’s name with no spaces. Example – BonusJaneDoe.
All accounts are subject to Bank approval. FitnessBank reserves the right to amend or cancel any part of this offer at any time without notice. Regular account fees apply and are subject to change at any time.
Only one new account per customer is eligible for this Bonus.
Existing customers may make referrals to multiple new customers.
Avoiding Fees
This account has a $10 monthly fee; this is waived if you have a $10 minimum average daily balance.
Our Verdict
We’ve heard of the bank before due to their decent interest rates, see our original post on Fitness Bank here. This added $100/$100 referral sweetener is nice. I’d guess you can signup for both accounts and get both referral bonuses, but I’m not certain of that.
Do Not Share Referrals In The Comments Below. In this case, the referrals are the existing user’s full name, and we won’t make a referral post for this. Instead, try scouting around to find a friend who you trust has an account, and enter their name in the promo code field. Again, no discussion or requests or offers in the comments on DoC.
Hat tip to Chief Loss Leader