Radius Bank Referral Rewards: Sign Up & Get a $50 Radius Refer a Friend Bonus

Sign Up Bonus:

$50

Referral Bonus:

$50

Payout Method:

Cash

If you’re looking for great online banking opportunities, you should definitely check out the Radius Bank. One of its best financial offers is a free Rewards Checking account that allows you to earn Radius Bank referral bonuses.

Apart from a $50 sign up bonus, you can grab a $50 Radius Refer a Friend bonus for everyone who signs up through your referral link and becomes eligible for the program.

Here’s everything you need to know about the Radius Bank referral rewards and its checking account features.

About Radius Bank Rewards Checking

A Radius Bank Rewards Checking account provides you with a seamless way to deposit and withdraw funds for your daily transactions. You can deposit and withdraw cash on ATMs worldwide, with automatic ATM surcharge rebates for ATM fees.

Opening this FDIC-insured account requires a $100 minimum deposit, while there are no monthly maintenance fees or minimum balance requirements.

As a Rewards Checking account holder, you receive 1% cashback on all eligible in-store and online purchases made with your Radius debit card. You can also earn up to 0.15% APY, depending on your balance.

You also become eligible for Radius Bank referral rewards. If you sign up via a referral link, you can get a $50 sign up bonus, as long as you deposit at least $500 into your account and keep that balance for at least 60 days.

Once you have your account in good standing for at least 30 days upon opening it, you become eligible for the bank’s Refer a Friend program. You can grab a $50 Radius Refer a Friend bonus for every new Rewards Checking account holder you refer.

Radius Bank Rewards Checking Account Features

The features you can expect by opening this checking account include:

  • 0.10% APY on balances of $2,500-$99,999
  • 0.15% APY on balances of $100,000 or more
  • Unlimited 1% cashback rewards on qualified in-store and online purchases
  • $50 referral bonus for signing up
  • $50 bonus for referring a friend (unlimited referrals)
  • Unlimited ATM surcharge rebates for ATM fees worldwide
  • No monthly maintenance fees
  • No minimum balance requirements
  • Free initial checks

Keep in mind that you can open this checking account and enjoy its features only in the US.

How to Get the Radius Sign Up Bonus

To receive your sign up bonus, you need to take the following steps.

  1. Click on the Radius Bank referral link to get started.
  2. Apply for the Rewards Checking account (it doesn’t take longer than a few minutes).
  3. Deposit at least $500 into your account.
  4. Enter the promo code “j46n5d” to become eligible for the sign-up bonus.
  5. Keep your $500 balance for at least 60 days to qualify for the bonus.
  6. Keep your account in good standing for at least 60 days.

If you meet the requirements and everything is in order after 60 days, you’ll receive your $50 sign up bonus within the next 30 days (it usually takes just a couple of days).

Radius Bank Referral Bonus Program

Every Rewards Checking account holder who deposits at least $500 into their account and keeps that balance for at least 30 days becomes eligible for the Radius Bank referral bonus program.

If you meet those requirements, you’ll receive an email invitation to participate in the Refer a Friend program. The email will contain your unique referral code that you can share with friends and family.

For everyone you refer (provided that they meet the same requirements above), you’ll earn a $50 Radius Refer a Friend bonus. All your referrals will also receive a $50 sign up bonus, as long as they keep their $500 balance for a minimum of 60 days.

To get your Radius Refer a Friend bonus, take the following steps:

  1. Find the “Refer a Friend” section in the Radius Mobile app.
  2. Click on the “Learn More” button.
  3. Click on the “Share Your Code” button to share your unique Radius Bank referral link via email or SMS.

If you both qualify after the specified period, you’ll both receive a $50 bonus.

There’s no limit to how many friends you can refer. Also, the Radius Bank offers additional bonus incentives from time to time regarding their Refer a Friend program.

radius bank refer a friend program $50
Radius Bank Refer a Friend Program – Get $50 for every referral

Pros & Cons of Radius Bank

No bank is perfect, so it’s good to weigh all advantages and disadvantages before making any commitments. Here are both benefits and drawbacks of Radius Bank.

Pros of Radius Bank:

  • No monthly maintenance fees
  • Unlimited 1% cashback on eligible everyday purchases
  • No minimum balance requirements
  • Hassle-free account opening
  • No ATM fees
  • Unlimited surcharge rebates for ATM fees worldwide
  • Referral bonuses for Rewards Checking account holders
  • User-friendly app for seamless mobile banking
  • Insured by the FDIC

Cons of Radius Bank:

  • $100 opening deposit
  • Not the highest APY out there
  • Minimum balance requirements for earning APY
  • Incoming wire transfer fees
  • Only one physical branch (located in Boston, MA)

Frequently Asked Questions

What is the value of a Radius Bank Rewards Checking account?

The greatest value of having a Rewards Checking account comes from the Radius Bank referral program. The bank’s APY isn’t very competitive and requires high balances for greater earnings.

Are there any Radius debit card limits?

There’s a $500 daily debit card limit for the first 30 days upon opening an account. After that initial period, you have a $2,000 debit card limit on everyday purchases, as well as a $500 daily limit on ATM withdrawals.

Is every account holder eligible for cashback rewards?

Only account holders who maintain a $2,500 or higher balance or receive direct deposits of $2,500 or more are eligible for cashback rewards.

Is there a limit to cashback rewards?

You can get unlimited 1% cashback on all eligible purchases (both online and in-store) made with your Radius debit card.

Bottom Line

Radius Bank offers great online banking opportunities, Rewards Checking being one of the best, thanks to its cashback and referral rewards.So, apply for your Rewards Checking account at Radius Bank today to get your sign-up bonus and grab an opportunity to continually earn excellent Radius Bank referral bonuses.

Other internet bank accounts that offer a sign-up and referral bonus: Chase, Chime, SoFi Money, Yotta Savings.

7 Responses

  1. My referral code is: eywxv9 There is a block for promo code on the application so I recommend filling that block with my code as it DOES NOT auto-fill.

    My link: https://open.radiusbank.com/?utm_source=referafriend&utm_medium=narmi&promocode=eywxv9

    Easiest checking application ever! Takes like 2 minutes to fill out.

    They do offer up to $1000 in credit card funding. I believe it said debit card on the application, but my Citi Double Cash Mastercard worked and posted as a purchase.

    Per the app & webpage, you are eligible to refer others to Radius after 30 days. The code was available sooner in the app, but I made sure to wait before making it known to anyone.

    No Chex inquiry was done when I opened the Rewards Checking account. That was contradictory to some older articles I found on the web that said they do pull Chex.

    Lastly, make sure you have at a least $500.00 in deposit balance on the 60th day after opening the account in order to receive the referral bonus.

    Thank you in advance if you chose to use my code. Much appreciated.

  2. My referral code is: I7xjcv, which needs to be filled in the “(Optional) Promo Code” field.
    https://open.radiusbank.com/?utm_source=referafriend&utm_medium=narmi&promocode=I7xjcv

    You need to open an account using a referral code (from someone with an account for more than 30 days) and have an account balance of $500+ on the 60th day to get $50. Much appreciated if you use my code. No hit on ChexSystems for a new account. For the opening deposit, even though the website suggests debit card, you can actually use a credit card to fund it, and the cap is $1000. I used Citi Double Cash to fund the account a few months back and was able to get an extra $20 from it.

    Please make sure your account has been open for 30 days before you share your referral code with others. This is a requirement for the promotion. Thank you in advance for using my referral code.

  3. Thank you, Bonusery team. My posted referral code seems to start with upper case i, which is incorrect. Would you please help delete my comment for me to post the correct one? Much appreciated.

  4. My referral code is: l7xjcv
    The first letter is lowercase L. The referral code needs to be filled in the “(Optional) Promo Code” box.
    Application link: https://open.radiusbank.com/?utm_source=referafriend&utm_medium=narmi&promocode=l7xjcv

    I have had the account for more than 60 days. You need to open an account using a referral code (from someone with an account for more than 30 days) and have an account balance of $500+ on the 60th day to get $50. Much appreciated if you use my code. No hit on ChexSystems for a new account. For the opening deposit, even though the website suggests debit card, you can actually use a credit card to fund it, and the cap is $1000. I used Citi Double Cash to fund the account a few months back and was able to get an extra $20 from it.

    Please make sure your account has been open for 30 days before you share your referral code with others. This is a requirement for the promotion. Thank you in advance for using my referral code.

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