[Expired] Relay Financial Banking $300 Signup Bonus For Depositing $10,000

Deal has ended, view more bank account bonuses by clicking here. 

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Nationwide
  • Direct deposit required: None
  • Additional requirements: None
  • Hard/soft pull: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: None listed
  • Household limit: None listed
  • Expiration date: None listed
  • Insurance: FDIC (partnered with Evolve Bank & Trust, Member FDIC)

The Offer

Direct Link to offer

  • Relay Financial, a platform for small business banking and cash management, is offering the following signup bonus. Open a new account and fund with $10,000 and receive a $300 bonus when you maintain it for 90 days

Avoiding Fees

Relay has no monthly fees and no minimum balance and no overdraft fees.

Our Verdict

Previously this was only $150, but it also only required a $100 deposit. Account also earns up to 3.3% APY:

  • When you are subscribed to the Starter Plan, the interest rate on your savings accounts is 1.02% with an APY of 1.03%.
  • When you are subscribed to the Grow Plan, the interest rate on your savings accounts is 1.73% with an APY of 1.75%.
  • When you are subscribed to the Scale Plan, the interest rate on your savings accounts is 2.99% with an APY of 3.03%.

Starter is $0 a month and others are $30 and $90 a month so really only starter that is worth considering. The bonus works out to be ~12% APY for the 90 days for a total of 13% APY, not a bad deal although for most people the earlier $150/$100 deal was probably better. Will add this to our list of the best bank account bonuses. 

Hat tip to reader megabr
    William Charles
  • On August 1, 2025, 10:00
Tags: nationwide bank bonuses

View Comments (58)

  • Failed churn attempt: it let me set up a new login, get through the whole application, then at the VERY end "An application cannot be created since an application for the same individual already exists: 400 - An application cannot be created since an application for the same individual already exists"

    Closed my last account end of June. Shortest positive DP I've seen was about 5 mo

  • @2 There's also a $200 bonus through Sofi's affiliate page for depositing $1000. https://www.sofi.com/lantern/small-business-banking/landing

    "Earn $200 when you deposit $1,000 into your Relay account within the first 30 days of account opening and maintain it for 90 days. Reward is deposited into your Relay account within 30 days of meeting the requirements."

    I didn't see a distinct offer terms page

    • Applied as SP and approved also. Note: they did require a selfie and picture of face side of DL of owner. I also could not find offer terms page.

    • Thanks for posting this better deal. I applied and got approved right away. Pulled $1,001 in.

  • The offer terms https://join.relayfi.com/legal/cash-bonus-terms-300
    say: "The amount of the one-time signup bonus will be between $25-$500 as determined by participating partners."
    Is it a fix $300 offer, or could "participating partners" pay you only $25, despite you satisfying all the requirements?
    This would be very unusual, but the "participating partner" Evolve Bank & Trust has truly horrible customers reviews.

    • Participating partner is NerdWallet for the link in DoC's post and backing bank is Thread Bank, not Evolve.

  •  Account also earns up to 3.3% APY

    Am I missing something or is that only with the "Scale Plan" which costs $90/month? Standard rate for the "Starter Plan" is only 1.03%

  • Terms suggest there are partner (affiliate) links with a bonus amount up to $500. I wonder if anyone has found on of those?

    • The listed limit applies to ACH pulls by the focal bank. You can do an ACH push or payment from another bank of yours to bypass the limit.

    • initiate transfer(s) from outside (the bank you move money out of). But interesting, my limit was $2k, so it depends

  • Seems like cant create an account if you had regular checking/savings earlier "An application cannot be created since an application for the same individual already exists: 400 - An application cannot be created since an application for the same individual already exists. "

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