Published on March 23rd, 2020 | by William Charles109
Juno Bank – Earn 2.15% APY Guaranteed For 2020 (First 1,000 That Pre Register)
Update: Looks like the 2.15% rate is guaranteed through 2020 and a maximum of $20,000. Those seem to be new restrictions that have since been added. Not a good start for Juno.
Juno Bank is a new digital bank that is yet to launch but plans to offer 2.15% APY for the first 1,000 people that pre register (looks like you need to link a bank account to be pre registered). This rate is guaranteed for the first year and backed by FDIC insurance.
Juno Bank is also advertising that they will offer 5% cash back on five brands you love (up to $3,000 in spend per year) and lists companies such as:
- Dunkin Donuts
They plan to launch in May, but I’d be shocked if that wasn’t pushed back due to coronavirus. They also have a referral program where you can earn $25 per person that signs up, the person being referred also receives $25 (please do not share your referrals in the comments). They have raised $3 million to date. I don’t think 2.15% APY and 5% on specific merchants is sustainable long term, but I certainly won’t say no to VC money in the mean time.
Hat tip to reader David, you can use his referral link here