Simple offers an easy-to-use free online bank account with no fees that you can set up in just minutes, allowing you to access your money at any time with a free Simple Visa Debit Card and giving you full control of your money through your online account and mobile app.
Plus, when you sign up via this $20 Simple Bank Account Referral Link, you will receive a $20 cash bonus when you use your Simple Visa Debit Card for the first time to make a purchase for any amount.
About Simple Bank Accounts
- Easy to Open – Open your free Simple account in just a couple of minutes.
- No Fees – Simple does not charge any types of fees.
- Free Simple Card – Get a Free Simple Visa Debit Card to make purchases and access your money.
- Go Branchless – Get complete online and mobile access to your Simple bank account at all times.
- Set Savings Goals – Set goals to save for anything, all at once or a little bit each day.
- Safe-to-Spend – Spend money safely without bursting your budget.
- Visualize Your Spending – Learn how you spend your money and find easy ways to save more of it.
- Security – Get customer support from human beings and tools that help protect your account.
- Simple App – Access your money anywhere with their iPhone and Android apps.
- FDIC-Insured – Your funds are FDIC-insured to at least $250,000 through Simple’s partner banks, Compass Bank and The Bancorp Bank.
- Simple Referral Program – Get a $20 Cash Bonus when you open your account or refer your friends.
When you Bank with Simple, you can go completely branchless, allowing you to deposit checks and make transfers directly from your phone wherever you go.
You’ll also receive a free Simple Visa Debit Card, so you can access your money and make purchases whenever and wherever you want.
Your Simple deposits are FDIC-insured, so you know that your money is safe at all times.
Simple also makes it easy to set savings goals, so that you can save money easily for whatever you want to achieve financially.
Simple does not charge any fees for your bank account, so you get to keep all of your money in your account.
Plus, the new Simple Refer-A-Friend Program provides both new and current customers with a $20 Cash Bonus just for opening a Simple bank account and using the Simple card to make a qualifying purchase for the first time.
How To Get $20 Cash Bonus from Simple
1. Just open your free account via this Simple $20 Referral Link and fund your account to get started.
2. When your Simple card arrives, activate it and use it for the first time to make a qualifying purchase for any amount.
3. After you successfully use your Simple card for the first time, a $20 bonus will appear in your account within 24 hours.
- No minimum deposit required.
- You must be a new Simple customer who has not previously had an account to be referred and receive the bonus.
- The account must be open and in good standing at the time the bonus is deposited.
- Simple may report the value of the bonus to the IRS as required by law.
- Any customer whose tax status would require Simple to impose tax withholding of any sort will not be eligible for this bonus.
Simple Refer A Friend Program $20 Credits
Simple has introduced a new refer-a-friend program that provides both the referrer and referee with a $20 Cash Bonus Reward.
In order to qualify, a current Simple customer must refer a new Simple customer who opens a new Simple bank account, funds it, and uses the Simple card for the first time to make a qualifying purchase.
Once the new Simple customer completes a qualifying purchase on the Simple card, both customers will receive a $20 cash bonus deposited to your accounts within 24 hours.
If you are a current Simple customer, you can access your own unique Simple Referral Link from within your online account or the Simple App.
In the Simple mobile app, you just tap the “Invite a Friend” tab in the Menu to share your personal link.
On the Simple website, you just log in to your account and share referrals from the “Share Simple” link in the header of their website.
There is no limit to the number of referrals that you may make or the amount of referral bonuses that you may earn.
The referred customer must open and fund an account, and make a qualifying purchase for both parties to receive the bonus.
The $20 referral bonuses will be credited within 24 hours to both accounts.
Employees of Simple are ineligible for this program.
Please feel free to share your Simple referral links in the comments below this article along with your experiences about using your Simple bank account.
You may also be interested in this Chime Bank Account Promotion to earn a $25 bonus with a free debit card.