mph.bank (makes people happy) was created by Liberty Savings Bank to offer a digital banking experience that helps you gain control of your money and plan your financial future with various banking tools for every need.
When you choose any mph.bank Spend account, you’ll earn up to $200 in bonus cash with an initial $100 bonus after you set up a direct deposit and maintain an average monthly balance of $1,000 consecutively over the first 3 months of account opening, and an additional $100 bonus when you maintain your direct deposit and $1,000 average balance for another 9 consecutive months.
With mph.bank, you can choose from 4 “Spend” checking accounts (Free, Friends, First, and Fresh) that all include a contactless debit card, personalized dashboard, 1% APY “Goals” savings account, round-up widget, access to Zelle, 55,000 free Allpoint ATMs, and various financial tools.
mph.bank Spend Account $200 Bonus Offer
1. Visit this mph.bank $200 Promotional Link to open any new “Spend” Account with a $25 minimum deposit requirement to open the account.
2. Get a $100 bonus after opening any mph.bank Spend (checking) account, setting up a monthly direct deposit, and maintaining an average monthly balance of $1,000 for 3 consecutive months (average balance requirement starts the first full month following the month you open your account).
3. Get another $100 bonus for maintaining the direct deposit and $1,000 average balance for an additional 9 consecutive months.
4. Each reward will be deposited into your new account by the 30th day after meeting the requirements.
5. When you apply through the $200 promotional page, you can also enter a referral code from a current user. Although you won’t receive a $50 bonus for entering a referral code, your referrer will (if you make just 1 debit card purchase in the first 90 days), and if you have a friend with an mph.bank Spend account, they may be willing to split the $50 bonus with you. Please feel free to share referrals in the below comments for this reason as well.
mph.bank Spend Account Options
You can choose from 4 mph.bank Spend Accounts for this special $200 bonus offer:
Free Spend Account: There is no monthly maintenance fee for the Free Spend Account, but in order to maintain your account going forward, you must have a direct deposit post to your account of at least $500 for that month, or your account may be closed if you don’t receive a direct deposit for 60 days.
Friends Spend Account: The Friends Spend Account has a $9 monthly fee, which is waived when you make 15 mphCard (debit card) purchases by the last business day of the month. It also includes a special refer-a-friend reward that is outlined below for up to $8,500 in rewards per month when you share with friends.
First Spend Account: Designed for people who are 10-24 years old, there is no monthly fee for the First Spend Account, but you must have a parent or guardian as a joint owner of the account.
Fresh Spend Account: If you have been reported by ChexSystems, you may still qualify for the Fresh Spend Account with a $9 monthly service fee.
Goals Savings Account: Regardless of which Spend (checking) account you choose, you will get a Goals account (savings account) with a 1% APY.
mph.bank $50 Referral Program for All Spend Account Members
Once you open any Spend account, you can participate in the mph.bank Referral Program to earn unlimited $50 rewards for each new Spend account member that you refer.
In order to earn the $50 bonus reward, your friend must open a new Spend account with mph.bank and make 1 mphCard (debit card) purchase within the first 90 days of account opening.
To access your unique referral link, login to your account, click “Services” under the Menu, and then click “Refer A Friend” to personalize your unique referral code and share it with your friends and family.
Once you refer a friend who meets the qualifications, a $50 reward will be deposited into your account by the 10th business day.
There is no limit to how many friends you can refer or the amount of $50 referral bonuses that you can earn for sharing mph.bank Spend accounts with your friends and family.
mph.bank Friends Account up to $8,500 Monthly Referral Rewards
With the mph.bank Friends Account, you can earn up to $8,500 in referral rewards per month, but both you and your referrals must each meet the referral requirements each month.
To participate, you must share your unique referral code with your friends, and your friends must type in your referral code when they open a new account.
You’ll get paid $1 per month for each verified account that you refer, and $1 per month for up to 6 of your referral’s connections (the people that your referrals refer).
In order to qualify, both you and they must have at least 15 mphCard purchases post to the respective accounts by the last business day of the month.
Each member is limited to earning $8,500 in referral rewards per month, regardless of the number of people you have referred, or they have referred.
The mph.bank Friends Account has a $9 monthly fee, which is automatically waived for the first month that the account is opened as well as for the next full month.
Additionally, the $9 monthly fee will be waived each month that there are 15 posted mphCard purchases by the last business day of the month.
When you meet the criteria to waive the fee, you will also earn a 0.55% APY on your Friends Account on the first $5,000 in “Spend” balances.
Check out mph.bank to earn up to a $200 bonus with a new Spend account when you set up a direct deposit, and earn $50 referral rewards when you share mph.bank Spend accounts with your friends and family.