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Swagbucks/MP: Valley Direct High Yield Savings Account $60-$80 Bonus – Doctor Of Credit

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Offer at a glance

  • Maximum bonus amount: 6,000 Swagbucks ($60) or 12,000 MyPoints ($75-$80)
  • Availability: Nationwide
  • Direct deposit required: None
  • Additional requirements: $1,000 initial deposit
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None listed
  • Expiration date: Unknown

The Offer

Swagbucks link | MyPoints link

  • Open a Valley Direct High Yield Savings Account, deposit at least $1,000, and earn 6,000 Swagbucks ($60).
  • There’s a similar offer from MyPoints for 12,000 which is worth around $75-$80.

Points will appear as Pending for 32 days.

Our Verdict

There’s no timeframe stated where you have to hold the $1,000 in the account. And so it should be an easy $60-$75 immediately with the initial $1,000 deposit. You won’t get a 1099 from the bank, and legally you’d presumably have to self-report the $60 income (please consult a tax advisor).

Separately, the account actually offers a nice 5% APY interest rate. 

Hat tip to reader usdailyrewards

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Chuck

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