The Offer
- The Drop app is offering 50,000 points if you open a new Betterment checking account and fund the account. (No minimum funding stipulated). 50,000 Drop points are worth $50 in gift cards to places like Amazon or Best Buy.
We’ve written about the Betterment checking account here. It comes with perks such as no foreign transaction fees and ATM fees waived on the debit card.
The Fine Print
- Allow up to 30 days after account funding for points to post.
- You must be a new customer (I’d guess a new checking customer will work, even if you use them for investing, but not certain).
- No points awarded for opening an Investing or Cash Reserve account.
Our Verdict
$50 in gift cards isn’t a huge bonus, but it’s an easy, no-requirement bonus for an account we’ve never seen a bonus on, and some people might want to open a Betterment checking account anyway. You can have the offer sent from the Drop app to your email if you prefer opening the account on a computer or want to save it to do later.
See our full review of Drop here. If you are new to Drop, I believe – at the time of this writing – you’ll get a 5,000 points bonus ($5) signup bonus for signing up using a referral link if you also link a card in the app.
Hat tip to reader Bill
