In the world of money-making and hustling, keep an eye out for unexpected opportunities to improve your finances. I shared an easy $100 idea yesterday [link]: deposit $50 in Fidelity and get a $100 bonus with just a few clicks, no direct deposit required.
Now consider an even more rewarding opportunity by combining this method with Chime’s Swagbucks offer, which could earn you 25,000 SB points ($250). This article will look at two approaches: one that uses a standard direct deposit and another that uses a transfer from Fidelity to Chime that is specifically designed for those who do not have a direct deposit option. It should be noted that Fidelity is not the only option available. Check out the DOC website for a complete list of which banks accept specific transactions as direct deposits. Nevertheless the effectiveness of these methods is unknown until you try them.
I’d also like to draw your attention to another similar offer from MyPoints, in which you could earn 39,100 MyPoints, which are worth approx. $243 when cashed out via PayPal.
For simplicity, I’ll focus more on Swagbucks, but feel free to choose either option. Just wanted to make you aware!
How It Work
- Link to the Chime’s Swagbucks offer.
- Must be a new Chime customer.
- Download the Chime App and sign up between 11/30/23 and 12/31/23.
- Obtain Chime account and routing numbers from the app.
- Add these numbers to your payroll service for two consecutive direct deposits of $200 or more each.
- The first direct deposit must occur within 30 days of signup.
Important Stuff to Know
- Earn 500 SB by opening a new Chime account between 11/30/23 and 12/31/23.
- Earn an additional 24,000 SB by setting up qualifying payroll direct deposits.
- Allow up to 70 days from the first direct deposit for the 24,000 SB to be credited.
- Only new Chime customers qualify.
- Qualifying direct deposits must be from employers, payroll providers, or benefits payers via ACH deposit.
- Various transactions, like wire transfers and peer-to-peer transfers, do not qualify.
- If the SB reward is not received after 70 days, contact the Help Center with proof of qualifying activity.
Two Options Explored: A Simple Strategy
I aim to keep things simple for both myself and P2 (Spouse). To take advantage of the Swagbucks offer, I’ll create a new Chime account, follow the aforementioned steps, and use Direct Deposit. I’m also thinking about referring P2 to potentially earn the $100 Chime referral bonus and an additional 25,000 SB points (equal to $250). I found a clear step-by-step guide with screenshots on the DOC site, so I’ll give it a shot and see how it goes!
Since direct deposit isn’t an option for my parents, I’ll use the Fidelity account I assisted them in opening via that easy $100 bonus for $50 deposit Fidelity offer. I intend to transfer $400 from their regular checking account to Fidelity and then make two $200 deposits to Chime, separated by a two-week period. Reports from the DOC site suggest that Chime may accept Fidelity checking accounts as direct deposits. It’s worth a try; if it doesn’t work, there’s no harm done. It’s not a big deal if no bonuses come through Swagbucks. At the very least, I gave it a shot, and it was worthwhile.
In a Nutshell
To summarize, Chime’s Swagbucks offer may help you earn some extra money. I’m testing them out, and I’d like to bring you along for the ride. Whether you choose traditional direct deposit or something new, remember that it’s not just about the money – it’s about the experience. It is critical to understand that these unconventional methods come with uncertainties and risks. The effectiveness is uncertain, and you must read and understand the rules. Let’s see where this journey takes us, ups and downs and all.
Explore References for More Insights
Swagbucks & MyPoints are websites that allow you to earn money and gift cards by doing things like online shopping, surveys, watching videos, and playing games. MyPoints has been in business since 1996 and offers rewards such as gift cards and cash. Swagbucks offers a variety of ways to earn points, which can be converted into cash or gift cards. Swagbucks is more well-known, but MyPoints has been around for a longer time [link].
