Update 4/8/24: Bonus is now up to $140.
Update 10/18/23: Bankbonus is now offering a $100 bonus.
Offer at a glance
Maximum bonus amount: 6,000 Swagbucks ($60) or 12,000 MyPoints ($75-$80)
Availability: Nationwide
Direct deposit required: None
Additional requirements: $1,000 initial deposit
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: None
Household limit: None listed
Expiration date: Unknown
The Offer
Swagbucks link | MyPoints link
Swagbucks is now offering a tiered bonus of up to 14,000 Swagbucks (worth $140) when you open a new ValleyDirect account. Broken down as follows:
Deposit at least $1,000 to earn 8,000 SB!
Earn 2,000 SB for deposits between $3,001.00 and $5,000.00.
Plus! Earn an additional 4,000 SB for deposits over $5,001.00
Points will appear as Pending for 32 days.
Our Verdict
There’s no timeframe stated where you have to hold the $1,000 in the account. And so it should be an easy $60-$75 immediately with the initial $1,000 deposit. You won’t get a 1099 from the bank, and legally you’d presumably have to self-report the $60 income (please consult a tax advisor).
Separately, the account actually offers a nice 5% 4.8% APY interest rate.
Hat tip to reader usdailyrewards