Replace 3/10/24: Beginning on April 1, Juno is barely providing 5% on the primary $5,000, after that zero. RIP. Right here is their electronic mail:
The bull market is right here. Each the inventory market and crypto market reached all time highs in the previous few weeks. Conventional finance yields can not compete with onchain yields. Additionally, the federal rate of interest is anticipated to scale back this yr, whereas onchain yields proceed to rise increased.
Beginning April 1, 2024, we’re making some changes to our bonus construction to higher align with this present market surroundings:
You’ll proceed to earn a 5.00% annual bonus on the primary $5,000 money stability. The a part of your money stability exceeding $5,000 will not earn an annual bonus
Replace 8/17/23: Replace on price altering:
What’s altering:
Beginning September 1st, 2023 your money balances will earn a aggressive annualized base price of three.00% per yr. You should have the flexibility to unlock an industry-leading price of 5.00% on money balances as much as $250,000
What does this imply for you:
At present, our money bonus program allows you to earn 5.00% on money balances solely as much as $50,000. With this modification, it is possible for you to to earn 5.00% on all of your money balances as much as $250,000 by merely sustaining a day by day closing stability of $20,000.
Why is the speed altering:
This modification simplifies our money bonus program and allows us to go on the most effective charges to you, in step with the federal funds price. We’ll intently monitor any adjustments within the federal funds price and proceed to supply an industry-leading price.
Replace 5/24/23: Walmart shall be eliminated as a 5% service provider on June 1st (ht ieatdogfood and travelinpoints)
Authentic Submit:
Juno is a brand new digital financial institution that has now launched. Juno gives 2.15% APY (Precedence Entry customers via April 2021) on balances as much as $30,000 and gives FDIC insurance coverage. As well as you can too earn 5% again as much as $3,000 on 5 retailers, retailers embody:
- Amazon
- Uber
- Netflix
- Airbnb
- Disney+
- Starbucks
- Lyft
- Dunkin Donuts
- Uber
There are two totally different tiers of membership:
- Primary membership: $0 per 30 days
- 2.15% APY is on as much as $5,000
- 5% again is on as much as $500 in spend per yr
- Steel membership: $9.99 per 30 days
- 2.15% APY is on as much as $30,000
- 5% again is on as much as $3,000 in spend per yr
You can even get steel membership totally free for six months while you arrange direct deposit. Additionally they have a referral program the place you may earn $25 per person who indicators up, the particular person being referred additionally receives $25 (please don’t share your referrals within the feedback). Referral bonus is not being supplied.
They’ve raised $3 million so far. I don’t suppose 2.15% APY and 5% on particular retailers is sustainable long run, however I definitely gained’t say no to VC cash within the meantime.
Submit historical past:
- Replace 2/2/23: Fee is now 5.12% APY on balances as much as $25,000 and 4% APY on balances above $25,000 till $250,000.
- Replace 1/17/23: Provide despatched out to get 10,000 JCOIN bonus (appears like that’s value round $35 now) while you hit a stability of $25,000 in your Juno checking account and keep a stability of not less than $20,000 for 15 days thereafter. Full particulars at this hyperlink. Looks as if this provide is obtainable to everybody (?).(ht Gadget)
- Replace 1/3/23: Juno has advisable eradicating any and all crypto held with them: Pricey Person, This is a crucial announcement. Juno doesn’t custody crypto belongings and depends on crypto companions for offering these companies. As a result of uncertainty with our crypto accomplice who’s liable for crypto operations for Juno, we strongly suggest withdrawing your crypto belongings right into a self-custody pockets. You can even select to promote these belongings for money and hold them secured in your Juno checking account which is FDIC insured as much as $250,000 through Evolve Financial institution and Belief. There are day by day platform limits for sells and withdrawals and we’re working with our accomplice to extend them for a smoother transition. As a result of present market uncertainty now we have additionally disabled crypto buys on the platform and auto-converted a few of the stablecoins (USDC, USDT and mUSDC) to USD. Any charges incurred shall be reimbursed. We apologise for the inconvenience and can hold you posted.’
- Replace 1/3/23: They’ve elevated the 5% to $25,000 max (beforehand $10,000). (ht ShawntheShawn)
- Replace 10/19/22: Beginning as we speak you’ll earn 5% APY in your first $10,000 and three% APY on any quantity above that as much as $250,000. (ht Eric). Enroll bonus not accessible.
- Replace: Seems to be like the two.15% price is assured by means of 2020 and a most of $20,000. These appear to be new restrictions which have since been added. Not an excellent begin for Juno.
- Replace 5/17/21: Fee has been diminished from 2.15% to 1.2% APY
- Replace 2/24/22: Cashback has been elevated from 5% to 10% in your 5 retailers while you pay in USDC. Legitimate by means of 5/31/22. $150 cashback restrict. Requires steel card which requires $250 DD/Month. Hat tip to reader Davis
- Replace 2/17/22: Individuals have been despatched out a bonus of $10 when buying crypto (buy of $1 appears to work): Topic line: Get $10 of Bitcoin in your first commerce! Purchase any crypto within the subsequent 48 hours and we’ll airdrop you $10 in BTC!
- Bank card: 3.5% + 60¢
- Debit card : 2% + 60¢
- Pay as you go card: 2.3% + 60¢
- Replace 2/1/22: Now you can fund as much as $500 per day with a debit, credit score or pay as you go card . Sadly charges are excessive: Bank card: 3.5% + 60¢, Debit card : 2% + 60¢, Pay as you go card: 2.3% + 60¢. Replace: Not accessible
- Replace 8/24/22: Fee growing to 2.15%
Ranging from September 1, 2022 money deposits as much as $100,000 will earn 2.15% deposit bonus per yr in your checking account. Any deposits above $100,000 wilI proceed to earn the present bonus of 1.20% per yr.
- Replace 8/21/22: Juno (beforehand referred to as OnJuno) is eliminating their 6% curiosity on USDC crypto starting September 1st. (ht Mike and MCT)
- Replace 6/27/22: OnJuno is operating their Stellar Insanity promotion from July 1 -16: Customers can earn 10% on their card spends with USDC (as much as $100 in Stellar USDC). Spending through USDC ought to be turned ON. Full phrases right here.
- Replace 3/27/22: Cashback is doubled in case you pay with USDC, 10% at $3,000 in spend = $300 max cashback
- Replace 3/21/22: Referral bonus has been elevated to $100. Please don’t share your referral within the feedback under, as an alternative share it as soon as on this linked publish.
- Replace 3/1/22: OnJuno is now exhibiting a $50 bonus while you signup and arrange your first direct deposit (I consider it must be $250 or extra). Similar provide is obtainable through referral, however we’re not permitting referrals on this publish proper now. (ht IS250)