In my search to bring you Free Money every Friday, I started checking out the bank accounts that I have open that I haven’t used in awhile.
I found an old account at Virtual Bank that has a referral program. It must be pretty old, since I noticed it still has my maiden name on the account and I got married in 2003. Luckily they didn’t turn my money over for abandoning my account.
Virtual Bank
Here are the features of a Virtual Bank eMoney Market account:
- No monthly fees
- Link to your local bank
- Free online transfers
- FDIC Insured
- $100 minimum opening deposit
Sign up Bonus
Sign up and you will get $20 deposited into your account (and I’ll get $20 for referring you). Once you sign up you can then refer other people. If you sign up, then refer your spouse, you’ll get a total of $60 between you.
Update: I have removed all the links as they only work one time. I still have referrals, but I will email them to you directly if you’d like to sign up. Contact me to get an email.
Stay tuned as the Free Money Friday series continues!
I took #5
April 18th, 2008 at 7:55 pm
Great blog and great promotion! I’m eager to try it out. I’ll email you when I use a link.
April 18th, 2008 at 9:11 pm
You can’t help but like someone whose goal it is to get you FREE MONEY once every week ! Keep ‘em coming and thank you !
April 19th, 2008 at 9:59 pm
@ Marty: Great! I marked yours off.
@ Todd: Glad to hear you like the series! Now that I know you’ll be waiting every Friday morning I’ll be sure to turn over every stone looking for the offers!
April 20th, 2008 at 9:32 pm
I was going to say, “Why do I need another bank account?” Then I read it again and caught the part about “money market account.” So this is interest-bearing, am I right? Too bad I don’t have a spare hundred bucks right now but I’ll try to remember to keep an eye out for this when I do.
April 20th, 2008 at 10:28 pm
@ Dana: Yes, it earns interest. Currently 2%, so it’s lower than ING. But with the signup bonus it is a pretty good deal for $100.
April 23rd, 2008 at 1:23 pm
Hi, I used #6.
April 23rd, 2008 at 1:51 pm
I completed the $100 deposit. My balance is now $120 (including the bonus). As soon as I can I’ll move it all back to my normal bank account and close this one out. Another easy $20. Thanks for the link.
April 30th, 2008 at 8:34 am
How many of these links are still available?
April 30th, 2008 at 9:35 am
@restlesslimbs: Great! I got you marked off.
@PT: Glad to hear it’s working for people to get their free money!
@Thrifty Femme: I have the links up to date with the people that left comments and emailed me, so there are four left. 1-3 and 7 should still be available.
April 30th, 2008 at 8:44 pm
I took #1, thanks!
May 1st, 2008 at 9:01 am
FYI, referral money is reported as interest and will generate a 1099INT.
May 2nd, 2008 at 2:29 pm
@ Thrifty Femme: I marked off number 1, thanks! Great point on the referral money coming on a 1099 INT!
May 3rd, 2008 at 2:22 pm
WOW, this is another one I didn’t know about!! Thanks for Free Money Fridays!
May 4th, 2008 at 9:11 am
@ Mrs. Accountability: Glad I could find a hidden gem! I’m even starting to look forward to Free Money Fridays too!
May 4th, 2008 at 1:50 pm
hi there,
Could you please send me a link for Virtual bank bonus so that You and I can both take advantage of the offer.
Thanks,
Jeevan
May 15th, 2008 at 4:58 pm
Hi there! Found this great blog and opportunity to earn $20. I took #2.
Thank you!
GaelicWench
May 25th, 2008 at 4:52 pm
@ Jeevan: I sent you an email a couple weeks ago.
@ Gaelic: Great! Thanks for using the link, I marked it off.
May 30th, 2008 at 3:27 pm
Hey Madison,
Thanks for the link, I did open an account (Virtual bank emoney) with it. How long does it take to get the referral? Hope you got yours. I haven’t yet seen mine or my spouse’s.
Jeevan
June 2nd, 2008 at 10:23 pm
@ Jeevan: The referral money has been taking a few weeks. I’ve seen others come through, but I haven’t seen yours yet. I wouldn’t worry they all seem to show up eventually!
June 6th, 2008 at 2:39 pm
Madison - I sent you an email about my bonus, did you get it?
June 17th, 2008 at 8:04 pm
@ Marty: Yes, I emailed you back with details:)
June 17th, 2008 at 9:32 pm
i tried one of these links about a month ago and signed up (and funded the acct) they told me i should see my $20 bonus in 30 days. well, 30 days passed and nothing. i contacted the personal rep they assigned to my acct and he says i need the name of the person who referred me and he would send the request for the sign-up bonus to processing. do you want to give me your name on this? if not- thats fine too. I’ll just close the acct and say “i tried”. (don’t know why everyone else’s seemed to work but mine didn’t. used the link on this site . . . ) thanks
July 8th, 2008 at 8:06 am
@ Stacy: Do you know which link you used? All the links have been used already. I don’t see your name in the list that you had me mark off a link. I’ll email you and we can get it figured out.
For anyone else that is signing up, please don’t reuse a link. They only work one time. Email me to get a fresh link.
July 8th, 2008 at 9:52 am
CAN THE ACCOUNT OFFERRED BY YOUR BANK BE USED TO VERIFY PAYPAL?
August 25th, 2008 at 7:47 am
@ Ogidi: I’m not sure. I don’t know much about the verification system with Paypal…
September 2nd, 2008 at 10:56 am
I tried contacting you via the link above and the URL isn’t valid — is this offer still around? If so, I’d love to play along.
Kate’s last post: In This Sea
September 26th, 2008 at 9:20 pm
@ Kate: Yes, the offer still works.
September 29th, 2008 at 3:09 pm