MoneyLife

Easy Cashback Debit Card With Effortless Rewards

By Kaitlyn Wolf
cashback debit card

Looking for a cashback debit card with instant rewards? Look no further than the MoneyLion Debit Mastercard and the RoarMoney℠ account. This account has one of the best rewards programs you’ll ever find on a debit card and is loaded with special features! 

When you bank with MoneyLion, you get rewarded for your spending and take every dollar further. You’ll get cashback for shopping at your favorite merchants, earn free money with our Shake ‘N Bank feature, and will be planning for the future with a fully managed investment portfolio. Not to mention our Round-Ups feature that makes investing money so easy you won’t even have to think about it! 

Here are all the awesome cashback debit card rewards you can expect to receive when you bank with MoneyLion.

Where shopping online meets rewards

As a MoneyLion Debit Mastercard holder, when you shop online at your favorite merchants you earn points. With every dollar you spend using the deals offered in the app, you will rack up MoneyLion points. Each merchant offers a certain number of points per $1 spent. Your points will be tallied in the Rewards tab in the app.

When you reach 2,500 points, you can redeem your points for a $25 cash deposit, on us! That money will go directly into your MoneyLion investment account. We’ll invest the money for you to help it grow, or you can withdraw it. The choice is yours!

Earn rewards on the MoneyLion app

You can find all the cashback offers (online deals) in the Rewards tab of the free MoneyLion app. You’ll find cashback offers from some of the top online merchants like Walgreens, Sam’s Club, Groupon, and DoorDash to name a few! Once you find an offer that suits your needs, you can shop directly through the app to earn cashback.  

Keep in mind, the merchants’ offers can change without notice, and new ones are added regularly, so remember to visit the Rewards tab to see the latest offers before you shop. 

Shake ‘N Bank to earn free money

As a MoneyLion Debit Mastercard holder, you can earn money in two ways. Not only can you earn by shopping at your favorite online brands, but you can also earn free money just by shaking your phone after every eligible purchase of $10 or more with our Shake ‘N Bank feature. You’ll have the opportunity to earn cash up to the full amount of every purchase of at least $10 with Shake ‘N Bank rewards. The max reward you can earn is $120. Free money for shopping? Now that’s what we call instant rewards!

Here’s how Shake ‘N’ Bank works: 

  • Use your MoneyLion Debit Mastercard to make a purchase of $10.00 or more. 
  • Check your phone for a push notification from us that alerts you to a Shake ‘N Bank prize. (Note: You will receive the notification once the transaction goes from pending to settled status)
  • Tap the push notification to open the MoneyLion app and follow the prompts to shake your phone for a chance to win big. You’ll always win something, and the amount could be anything, whether it’s $0.05, $0.50, $1.50, or $5.00 — all the way up to the full amount of your purchase (with a cap of $120)!  
  • Your reward will be deposited into your investment account within 5 business days. Use your MoneyLion Debit Mastercard for everyday spending and you’ll be amazed at how quickly your rewards add up.

Missed the initial push notification? Don’t worry. Just open the Rewards tab to find your Shake ‘N’ Bank opportunities. You’ll have 7 days to shake for your reward.

Grow your money will a fully managed investment portfolio 

You’ll need a MoneyLion Investment Account to participate, as rewards will be deposited into this account to help your money grow over time. Over 800,000 people have opened investment accounts with us, and 93% of them are first-time investors. There’s no minimum amount required or investing experience needed. The MoneyLion investment account makes it easy to invest for your kid’s future, a new home, or whatever your money goals are!

With this fully managed portfolio, all you have to do is sit back and watch your money grow. You can pick your investment strategy to support your goals and even take more control of your portfolio by picking specific topics you want to invest in like technology innovation and social responsibility. There’s no time like the present to start investing in your future!

Round Up to grow your account effortlessly

Turn on the Round-Ups feature on your MoneyLion Debit Mastercard so every time you swipe your card, you’ll be putting a little change into your investment account. Say you bought a coffee for $3.50 using your Debit Mastercard, we’ll automatically round up to the nearest dollar and invest it for you. That means you’ll be investing $0.50 without having to lift a finger. Talk about effortless investing!

Reach your financial goals faster with a MoneyLion cashback debit card

Start earning free money and taking control of your finances today, your future self will thank you! Getting a MoneyLion Debit Master card is easy, all you have to do is sign up for a RoarMoney account through the MoneyLion app and you’ll automatically receive your Debit Mastercard.

The best part is, you don’t have to wait for your debit card to arrive to start earning cashback rewards either. Once you create a RoarMoney account you’ll have instant access to a virtual debit card right on your phone that you can use to earn rewards right away while you wait for your debit card to arrive in the mail. 

Your virtual and physical cards can be used for everyday purchases, bills, subscriptions, and just about anything else you can think of. You’ll also have access to 55,000 fee-free Allpoint ATMs making it super easy to withdraw cash when you need it. Click here to sign up for your RoarMoney account today!

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