At a time of unprecedented economic uncertainty, central banks around the world are reacting to the novel coronavirus by printing money, slashing interest rates and generally doubling down on the globe’s deflationary spiral. Amid all of this self-destructive behavior, Bitcoin Magazine’s “WTF Is Happening With the Fed?!” podcast series has been examining the Federal Reserve’s actions, the critical differences between manipulated markets and the Bitcoin ecosystem and all of the other questions now raised about the concepts of money and value at this most confusing time. In the latest episode of the show, “Fiat Money and Intergenerational Conflict,” hosts Christian Keroles and Colin Harper welcomed Andy Edstrom, author of “Why Buy Bitcoin,” to discuss how the two sides of a sharp generation divide… [Read More...]
SoFi Money $25 Bank Bonus + $75 Stock Bonus Via Referral (+ 1% Deposit Match?)
(I don’t know if this was targeted, but SoFi Invest (not Money) just sent me an email about a 1% deposit match bonus for the month of June for existing customers. The maximum bonus is $5,000 (if you move over $500,000). You cannot withdraw the net deposits for 90 days. Getting 1% of your deposit in 90 days is roughly the same as 4% annualized, which beats the interest rate on any cash equivalent even if you didn’t invest in anything.) Updated. SoFi (“Social Finance”) has expanded from students loans into a cash management and stock brokerage account. They’ve also updated their bonuses for trying them out, and if you have a spouse/partner, you can refer each other (in addition to … [Read More...]
Citibank $200/$400/$700 Checking Account Bonus 2020
Citibank has tiered $200, $400, and $700 bonus offers when you open a new eligible Citi checking account by 6/30/20 and deposit and maintain a certain balance for 60 to 150 days. There is also a $1,500 bonus if you have $200,000 to move over. This offer is restricted to those who have not had a Citibank checking account within the last 180 calendar days. Here are the highlights followed by a few tips on how to optimize the bonus. $200 bonus details: Open a new eligible checking account in the Basic Banking Package during the offer period 4/01/2020 to 6/30/2020. Within 30 days of opening your account, deposit $5,000 in New-to-Citibank funds into the new checking account. Maintain a minimum balance of $5,000 for 60 consecutive calendar days. You will receive your… [Read More...]
Chime Banking App Review: $50 Bonus via Referral
With rates drops everywhere and no end in sight, there are no high APY CDs to open, so I’ve been picking up various cash bonuses while stuck at home instead. Chime is a popular fintech bank app with a $50 cash bonus after a payroll direct deposit of $200+ within the first 45 days of new account opening. To get this offer, you must be referred by an existing user. Here is my Chime $50 referral link. Thanks if you use it! It’s a very simple bonus. Here is a screenshot of my bonus appearing nine minutes after my direct deposit: Here is the fine print: *In order for both the referred individual and the referring Chime member to each qualify for and receive the… [Read More...]