$150 Albert Referral + Earn Up to $1,500 Credit [May 2024]
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Albert Referral Program
[/fusion_text][/fusion_builder_column_inner][/fusion_builder_row_inner][fusion_separator style_type=”single solid” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” flex_grow=”0″ top_margin=”0″ bottom_margin=”3%” width=”100%” height=”20″ alignment=”center” border_size=”” weight=”” amount=”” sep_color=”#edeaea” hue=”” saturation=”” lightness=”” alpha=”” icon=”” icon_size=”” icon_color=”” icon_circle=”” icon_circle_color=”” /][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” content_alignment_medium=”” content_alignment_small=”” content_alignment=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”referral-steps-description” id=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”Arial, Helvetica, sans-serif” fusion_font_variant_text_font=”400″ font_size=”18px” line_height=”” letter_spacing=”” text_transform=”” text_color=”var(–awb-color8)” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]
To receive the Albert referral bonus, use an Albert referral link, receive a qualifying deposit of $500, and spend $200 on goods or services.
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When you’re signing up for a new bank account, one thing you want to look out for is their referral program. The Albert referral program stands out as one of the most generous platforms for its $150 signup bonus when you sign up with an Albert referral link.
Their account is straightforward to set up with a mid-tier requirement threshold that makes it achievable to get your $150 signup bonus. As of May 2024, with our Albert referral link, you can get a $150 credit by signing up through our Albert referral link, receive a qualifying direct deposit of $500 or more within 45 days of signing up with Albert, a qualifying deposit of $500 or more every 30 days for 90 days straight, and spend $200 or more on products or services every 30 days within the same 90-day span.
This guide tells you everything that you need to know about Albert and gives you step-by-step instructions on how to get your $150 referral credit below.
How to Get the $150 Albert Referral Bonus?
By now, you’re probably itching to get signed up for Albert. We’ve broken down the Albert banking app sign-up process into four parts to make it as easy as possible.
1. Open your Albert Cash account through our Albert referral link
The best way to ensure you’ll get your $150 sign-up credit is by creating your Albert account using our Albert referral link. This bank account is free to set up. Don’t be alarmed when the referral bonus isn’t mentioned right away. You’ll see it referred to at a later stage of the sign-up process.
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Getting started with Albert is relatively straightforward. The entire sign-up process happens within the app and is comparable to creating an account with a traditional bank. You’ll need to provide several documents and pieces of personal information, including your home address and social security number.
During the sign-up process, you’ll be asked whether you want to create an investment account. If you create an investment account, you’ll also need to sign up for the ‘Albert Genius’ feature. This account is entirely optional, and you can change your mind later by selecting the ‘later’ button on the screen.
The next option you’ll be offered is the Albert Instant Cash feature. It allows you to borrow up to $250 – but it’s also another optional feature.
You’ll also be asked if you want to activate the smart savings feature on Albert. We recommend doing this to get the most out of the app’s money-management features. At this stage, you’ll be asked to link your bank account and credit cards to allow Albert to use your data to monitor your transactions. They’ll use this information to create the algorithm to withdraw money to set aside in your savings account each week. The smart savings feature is free to use and an easy way to boost your savings passively.
Finally, you’ll be asked whether you want to sign up for the Albert Genius feature. It’s a monthly subscription service that connects you to a financial expert to create a plan to manage your net worth and finances. There is no set price for Albert Genius, meaning you can essentially pay whatever you want to gain access to the feature. You can skip this feature by setting the monthly payment for Albert Genius to $0, meaning that it won’t be activated for your account.
That’s how easy it is to get set up with your Albert Cash account. If you don’t activate the Albert Genius feature, you won’t have any fees associated with your account.
2. Receive at least $500 within 45 days of opening your Albert account as a direct deposit
To meet the requirements for your Albert referral bonus, you’ll need to deposit at least $500 into your Albert Cash account within the first 45 days of opening your account.
You’ll want to note the fact that Albert’s terms and conditions state this must be a ‘direct deposit’ and not a cash transfer. This requirement means that you can’t add $500 to your account using a peer-to-peer app like PayPal or Venom, or by transferring from another current account.
A ‘direct deposit’ is a payment made into your account by your payroll provider, benefits payer, or your employer. No other form of deposit will count towards the $500 needed to meet the Albert referral requirement.
As this is a new referral program, Albert may eventually decide to change these strict terms and conditions around deposits, so it’s worth keeping an eye on.
However, setting up a direct deposit is relatively straight forward. You’ll need to get the account number and sort code for your Albert Cash account. This information can be found within the Albert Cash app in the deposit section. When the app prompts you to confirm how you want to set up your direct deposit, select the ‘manual’ option. The screen will show you the account number and sort code. It’s worth documenting this information somewhere that you can easily access it for future reference.
3. Spend $200 using your Albert debit card
The $500 direct deposit isn’t the only requirement for your Albert referral credit. You’ll also need to spend $200 on your Albert debit card to meet the Albert referral requirement. This requirement is relatively new but is an easy threshold to meet. You can easily spend $200 on your groceries or pay one of your utility bills.
4. You’ll receive your $150 credit immediately when you meet the Albert referral bonus requirements
One perk of the Albert referral program is that your $150 credit is accredited almost immediately after you’ve met the Albert referral requirements. Other referral programs often make you wait up to 90 days to receive your bonus after meeting the requirements.
How to Refer With Your Albert Referral Link?
Once you’ve set up your Albert account, it’s time to start using the Albert referral program yourself. It’s a win-win as both you and your friend will receive a bonus once they sign up through your Albert referral link. Follow the steps below to find your Albert referral link:
Step 1: Open the “Home” icon from your Albert app and tap “Earn $150” on the upper right part of your screen.
Step 2: Click “Invite Friends” and from there you can send your unique Albert referral link to your friends. Make sure your friends make a qualifying direct deposit of $500 or more within 45 days to ensure you earn you Albert referral bonus.
Using the Albert referral program can help you maximize your free cash. Just think, if you sign up through our Albert referral link and then have a friend sign up through your Albert referral link, you’ll earn $300 when all the requirements are met.
It’s also easy to track the status of your referrals through the app, so you’ll be able to tell which referrals have been successfully completed. The Albert referral program allows you to earn up to $1,500 in bonus credit when you start to refer your friends and family through your Albert referral link.
If you want to earn more referral bonuses, also check out the Chime referral program.
How Does The Albert Referral Program Work?
When you invite your friends to Albert and they use your Albert referral link to sign up, you may earn a $150 bonus in your Albert cash account. To successfully get your Albert referral bonus, make sure that your referrals complete all the criteria below:
- You’ve been an Albert member for 90 days before sending an invite
- You’ve received a qualifying direct deposit worth $500 or more within 45 days of joining Albert
- You’ve received a qualifying direct deposit worth $500 or more every 30 days for 90 consecutive days
- You’ve spent at least $200 on services or qualifying goods using your Albert debit card every 30 days for 90 consecutive days
- Your referral used a valid Albert referral link to sign up
Take note that only deposits which Albert verifies as legitimate will qualify to unlock the Albert referral bonus. Remember that the Albert referral bonus will expire when the requirements are not met.
How Much Can You Earn With Albert Referral?
With the Albert referral program, you can earn up to $1,500 in your Albert cash account. Only those who are new to Albert can be counted for the referral requirement. People who have existing accounts and those who closed and re-opened their Albert accounts are not eligible. You may only get one referral credit per person.
Albert referral bonuses are deposited to your account once your referrals meet the Albert referral requirements.
How to Check the Status of My Albert Referrals?
To check the status of your Albert referrals, cash bonuses and the particular program requirements relevant for every referral, head to your Albert app, click the profile tab and tap on “Invite friends.” If you don’t see the status of your Albert referrals, you may message their support team at [email protected].
Be reminded that the Albert referral bonus will expire if your referral closes their Albert account.
What is Albert?
Albert is an app designed to help you monitor your finance by allowing you to take control of everything from your account balance to your net worth. Their ‘Smart Savings Feature’ is one of their biggest selling points as it uses an algorithm to monitor your spending and help you save small amounts every week. As Albert doesn’t have a monthly fee, it helps you take control of your money without spending anything in the process.
The latest feature to arrive on the Albert app is ‘Albert Cash’ – its free checking account that does not require a minimum balance. When you have this checking account, your money is managed by an FDIC-insured bank that Albert has partnered with. Currently, this bank is Sutton Bank. An Albert checking account also gives you access to their cashback features when using your debit card in certain stores.
Aside from the Albert referral program, another feature you’ll have access to is ‘Albert Genius’ – a premium feature that connects you to a financial advisor. Although this feature is not free, it works on a pay-as-you-go model. Albert Genius is entirely optional, and you don’t have to use it if you want to keep your Albert account free to run.
Albert has come on leaps and bounds within recent years since its initial seed funding. This money-management and budgeting platform is ideal for those who want to keep track of their finances and start maximizing their savings. After launching their referral program, Albert is quickly becoming one of the must-have financial accounts on the market. If you’re interested in learning more about Albert, why not take a look at this Albert Review? It could be really helpful for you!
Final Thoughts on the Albert Referral Program
Albert is quickly becoming one of the most popular fintech apps. It’s an easy way to stay on top of your finances and to maximize your savings by using left-over cash in your current accounts. The algorithm behind Albert means that it creates a savings plan based on your regular spending by examining your transactions. Building your savings account has never been easier thanks to Albert – especially with its cashback features.
We think Albert is a win-win platform as it helps you get on top of your finances, while also being an easy way to earn a $150 referral bonus. The Albert referral requirements are relatively easy to achieve – so long as you can set up a direct deposit – and the Albert referral bonus is paid almost instantly once you meet the requirements.
Don’t forget to sign up for Albert Cash using our Albert referral link to get your $150 bonus credit when you create your account. Once your account is live, start using your own Albert referral link to earn up to $1,500 in bonus credit for your Albert Cash account. If you’re interested to sign up with Chime bank as well, check out this Chime referral article for a complete guide.
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