Porte Bank is offering a $100 bonus to get you started on your personal banking journey. Plus, they’re offering 3% APY for the first 90 days that you open an account. Check them out and see what bank has been made in 2018!
The “financial panther bank bonus” is a promotion from Porte Bank that offers an $100 bonus, 3.00% APY, and no monthly fees for the first year.
When you create a Porte banking account and make qualifying direct deposits, you’ll get a $100 incentive. Plus, every quarter you fulfill the Bonus Savings criteria, you may earn up to 3.00 percent APY on your contributions.
Existing Porte users may earn $50 to $100 for each friend or family member who successfully joins with their referral link.
Below are all of Porte’s current specials, as well as information on how to make a 3.00 percent annual percentage yield on your money.
This article may include affiliate links, which means that if you make a purchase through my links, I may get a commission at no cost to you. For further information, go to this page. Although the information on this page is correct as of the date of publication, some of the deals listed may have expired.
What exactly is Porte?
Porte is a mobile banking app from Metabank that offers bank services and is FDIC-insured. The Porte account is a hybrid checking and savings account with no monthly fees, no minimum balance requirements, and fee-free access to over 32,000 MoneyPass ATMs nationwide.
Its most valuable feature is the Porte Savings Account, which pays a basic rate of 0.20 percent APY, but if you achieve the Bonus Savings criteria each quarter, you’ll get a 3.00 percent APY on balances up to $15,000!
Promotions at Porte Banking
Porte 3.00 percent APY Savings Bonus is the first offer.
Each calendar quarter that you fulfill the Savings Bonus, your savings rate will increase from 0.20 percent APY to 3.00 percent APY!
Receive qualifying direct deposits totalling $3,000 or more and complete at least 15 purchases with the Porte debit card within a calendar quarter to qualify for the additional 3.00 percent APY interest.
(Photo courtesy of Porte)
You become eligible for Porte’s Savings Account after you receive a qualified direct deposit of $1,000 or more in a calendar month. Once you’ve been approved, the opportunity to set it up will appear in your Porte app.
It is not difficult to make 15 debit card transactions in three months, and there are inventive methods to do it. You may, for example, recharge your Amazon account 15 times in $1 increments.
Porte’s second offer is a $100 sign-up bonus.
When you create a Porte banking account and make qualifying direct deposits within six months of account opening, you’ll get a $100 sign-up bonus.
Sign-up incentives have been halted for the time being. Keep checking back since Porte may reintroduce this bank incentive or provide similar offers in the future.
How to Get a $100 Bonus When You Sign Up:
- Use this link to sign up for a free Porte banking account.
- Make sure your referral deposits $500 or more in direct deposits within 6 months of account establishment.
- After the qualifying direct deposit has been deposited to your referral’s account, you will receive a $50/$100 referral incentive within 24 hours.
Offer #3: $50 to $100 in Porte Referral Bonuses
For each person you suggest who successfully establishes an account with Porte, you may earn $50 to $100 in referral incentives. A bonus of the same amount will be given to your buddy.
Referral benefits have been halted for the time being. Porte may reintroduce this promotion or offer similar bargains in the future, so keep an eye out.
How to Get a $50/$100 Bonus for Referrals:
- Use your own referral link to invite friends to establish a new Porte banking account.
- Make sure your referral deposits $500 or more in direct deposits within 6 months of account establishment.
- After the qualifying direct deposit has been deposited to your referral’s account, you will receive a $50/$100 referral incentive within 24 hours.
While the referral program is active, each user may earn up to $500 in Refer-a-Friend prizes.
Final Thoughts
All Porte bonus and referral incentives expired in late 2021/early 2022, which is a shame since Porte is a wonderful way to earn a high interest rate. Nonetheless, I’m going to create an account and deposit $15,000 to take advantage of the 3.00 percent annual percentage yield.
My family has previously exhausted other high-interest possibilities, like as this incredible I Bonds offer, so I’m constantly on the lookout for new methods to maximize idle income.
If you’re looking for a bank account opening bonus, have a look at our list of all bank offers, which includes great discounts like these Chase Bank offers.
The “Porte Banking Promotions: $100 Bonus + 3.00% APY” is a promotion that Porte Bank is currently running. For every person who you refer to the bank, you will get your own $20 bonus. Reference: $20 referral bonus.
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