This Bank Account Will Give You Cash Rewards Just for Doing This One Weird Thing with Your Phone

A woman with curly hair looks at her phone in excitement. She's also wearing a blue shirt and a jean jacket.
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If you had the chance to get a free scratch-off card every time you made a purchase, you’d take it, right? There would be nothing to lose — and only cash to gain.

A bank account called RoarMoneySM created its own version of a scratch-off ticket called Shake ‘N’ Bank. Every time you make a purchase using your RoarMoney virtual card or physical MoneyLion Debit Mastercard™, you earn cash rewards. All you have to do is shake your phone.

But unlike a lottery ticket, you’ll always earn at least some money back.

Here’s how it works:

  1. Make a purchase of at least $10 using your virtual or physical card.
  2. Shake your phone. Yes, really!
  3. Earn up to five times the amount of your purchase in cash back — up to $500 for each purchase.
  4. Watch the money get deposited into an investment account.

The more qualified purchases you make using your RoarMoney virtual card or MoneyLion Debit Mastercard™, the more times you’ll be able to shake your phone and get money back.

It sounds weird, and it may look a little ridiculous to the person standing behind you in line at Target, but just a quick shake of your phone will earn you at least some cash back.

It’s like a guaranteed winning lottery ticket.

What Else You Get With a RoarMoneySM Banking Account

Earning cash back just for shaking your phone is great, but a RoarMoney banking account has plenty of other features that make it a worthwhile switch.

First of all, your cash back isn’t just going to sit in a low-interest account. Instead, it gets added to a fully managed investment account, so your cash back can grow. This feature helps you create future wealth without even thinking about it!

RoarMoney also gets you your paycheck up to two days early1 if you have direct deposit set up. And if you have recurring direct deposits, you can access up to $1,000 of 0% APR cash advance with Instacash2.

There are no hidden fees, no monthly minimums and more than 55,000 ATMs3 across the country that you can use with no fees. All it costs is $1 a month.

Plus, it’s super safe to use. It’s FDIC-insured and comes equipped with industry-leading safe banking capabilities — like multi-factor authentication, contactless payment and protection against unauthorized purchases.

So if you want a banking experience that won’t surprise you with fees, but will surprise you with plenty of cash back, sign up for a RoarMoney account and see how much cash back you can earn.

Kari Faber is a staff writer at The Penny Hoarder. 

MoneyLion is a financial technology company, not a bank.  RoarMoneySM demand deposit account provided by, and MoneyLion Debit Mastercard® issued by, MetaBank®, National Association, Member FDIC.  RoarMoney is a service mark of MoneyLion.  Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International.  Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account. 

Shake ‘N’ Bank and other Rewards are subject to terms and conditions.  Rewards are an optional service offered by MoneyLion. 

1With direct deposit.  Faster and easier access to funds is based on comparison of traditional banking policies and deposit of paper checks versus deposits made electronically and the additional methods available to access funds via a card as opposed to a paper check. 

2Increased Instacash limit with Safety Net requires recurring direct deposit into RoarMoney account. Instacash is an optional service offered by MoneyLion. Terms and eligibility requirements apply. See Membership Agreement and for more information. 

3The MoneyLion Debit Mastercard can be used for no-fee withdrawals at ATMs in the Allpoint network.  Fees may apply for ATM transactions outside of this network.