Offer at a glance
- Maximum bonus amount: $50 Swagbucks or around $63-$67 MyPoints
- Availability: Nationwide
- Direct deposit required: None
- Additional requirements: Initial deposit of $50+
- Hard/soft pull: Soft
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: None mentioned
- Expiration date: Unknown
The Offer
Swagbucks | MyPoints (link needed)
- Open a Discover Cashback Debit account and start earning 1% cash back on up to $3,000 in debit card purchases each month. Plus earn 5,000 SB (worth $50) after making your first deposit of $50 or more.
- MyPoints is offering 10,000 which is worth around $63-$67.
The Fine Print
- SB will appear as Pending for 32 days.
- Must deposit $50 or more into Discover Cashback Debit checking account to earn SB.
- Must be a new Discover Cashback Debit account holder.
Avoiding Fees
This account has no fees to worry about.
Our Verdict
We haven’t seen any sort of signup bonus for this account in many years. Some people like doing these smaller bonuses with a simple account signup deals and not much else in the way of requirements. This account some people also find useful for the 1% back on debit card spend.
You won’t get a 1099 from Discover for this bonus (though legally you would likely have to self-report this income). Note, however, there is a chance of getting a 1099 from Swagbucks if you cross the $600 earnings threshold, see this post to learn more.
Hat tip to reader bullmeister and USDR
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