MoneyLion Referral Code $SPOILS

Tested and working – Still the best code as of June 2024

Get up to $60 free with code:

Or click here to sign up online.

The best MoneyLion referral code is $SPOILS, which gives you additional free cash in your RoarMoney account immediately, and additional bonuses when you add direct deposit. Paste the code in the MoneyLion app to get your referral bonus — and make sure you include the dollar sign ($) to claim the extra reward.

MoneyLion Referral Code$SPOILS
Max Bonus$60
Account Opening Bonus$5
Direct Deposit Bonus$50
Crypto Bonus$5

How to earn your MoneyLion bonus

To claim the MoneyLion $55 sign up bonus, you must open a RoarMoney account with the referral code $SPOILS to get an extra $5 bonus. Then, make a direct deposit of $100 or more into your new account within 60 days, and you’ll get an additional $50.

You’ll get $5 when you open the account, $50 when you make your direct deposit, and an additional $5 when you buy $10 or more of cryptocurrency with MoneyLion.

How to enter your referral code

You must enter a valid referral code during the application process to be eligible for the signup bonus. If you don’t enter the code $SPOILS (or another valid code) when you open your account, there’s no going back — there is no place in the app where you can retroactively apply the code. Sorry!

Your $5 will unlock as soon as you open a RoarMoney account with MoneyLion. No waiting! If you experience any issues with this process, you can contact MoneyLion by chatting with them online, emailing them, or calling the MoneyLion phone number: +1 (888) 704-6970.

Hack your earnings with the MoneyLion referral program

How to share your referral code with friends

You can earn a cool $55 referral bonus when you share your MoneyLion referral code with your friends. You get $5 for each invited user that opens a RoarMoney account, and another $50 when they make a qualifying direct deposit. Please note that you must have your own RoarMoney account to receive the bonuses from MoneyLion — you can still refer friends, but you won’t get the cash unless you open a RoarMoney account.

To find your referral code, tap the profile () button in the lower right corner of the MoneyLion app, then tap the large “Invite Friends” link at the top.

To change your RoarTag (make it something easy and memorable!), tap the “Personal information” button and the hit Edit next to your RoarTag. Careful! You can only edit this a few times.

Read the MoneyLion Referral Program’s official terms and conditions and maximize your earnings.

Additional referral bonuses

Occasionally, MoneyLion will offer sweeteners to its referral program. Usually, these take the form of an additional $5 bonus that you receive when someone opens a RoarMoney account with your referral code. Often centered around holidays or events (e.g. Valentine’s Day, March Madness, or Easter), the additional perks last just a few days. Make sure to check the Referral tab in your MoneyLion app to see if you have any active bonuses.

Is MoneyLion legit?

MoneyLion is legit and well-liked by users for several reasons:

Regulatory oversight. The company is registered with the Financial Industry Regulatory Authority (FINRA) and a member of the Federal Deposit Insurance Corporation (FDIC). As a publicly traded company (MoneyLion stock ticker ML), the company is registered U.S. Securities and Exchange Commission (SEC) and must make regular disclosures and filings in the interests of transparency, including quarterly reports.

FDIC insurance. RoarMoney accounts with MoneyLion are insured by the FDIC up to the standard amount of $250,000. MoneyLion’s banking partner is Pathward.

MoneyLion reviews
MoneyLion has a 4.7 star rating on Trustpilot.

Positive user reviews. MoneyLion has great ratings on TrustPilot, showing that users have very favorable views of the company. As of June 2024, MoneyLion has a 4.7 star rating on the platform. WalletHub gives the company a 4.6. The MoneyLion app’s rating on the Apple Store is currently 4.7 stars as well.

Still, be smart. While MoneyLion is legit, it’s still important to use caution with financial products, especially loans. Never borrow money you cannot pay back. Make sure you understand interest rates, risks, and more before using any financial product. Consult an expert (we’re not one) if you have any questions.

RoarMoney Benefits

RoarMoney is MoneyLion’s version of a checking account. RoarMoney offers three main features that differentiate it from a typical bank account:

  • Debit card rewards: With MoneyLion’s “Shake ‘N’ Bank” rewards, you earn a reward of $0.01 to $500 with each eligible purchase (over $10).
  • Get paid early: When you receive your paycheck via direct deposit to your Roar Money account, you can get paid up to two days early.
  • No hidden fees: MoneyLion charges a monthly $1 account fee, but that’s it. No overdraft fees, no ATM fees (when you use an eligible ATM).

MoneyLion Fees

While there are many great features to MoneyLion (especially the free money you get at signup), keep in mind that the company charges a $1 monthly fee for all RoarMoney accounts with less than a $5000 balance. If you’re signing up just to claim the bonus, make sure you are aware that the fees can stack up over time.

Apps like MoneyLion

MoneyLion’s most popular feature, early paychecks, is basically a cash advance. Several other apps exist to help you get your money faster and avoid overdraft fees. Some examples are:

  • Albert
  • Chime
  • Klover
  • Dave
  • PayActiv
  • Acorns
  • Stash
  • Varo Money
  • SoFi Money
  • Simple
  • M1 Finance
  • Digit
  • Qapital

Have you had a positive or negative experience with MoneyLion and its products? Let us know in the comments below.