A $750 reason to signup for a OnJuno checking account (US Only)

by Anshul
a close-up of a phone

Points Miles and Bling (blog) contains referral or affiliate links. The blog receives a small commission at no additional cost to you. Thank you for your continued support. Credit Card issuers are not responsible for maintaining or monitoring the accuracy of information on this website. For full details, current product information, and Terms and Conditions, click the link included.

OnJuno is a neo-banking platform that offers high-yield checking accounts, designed to help a tech-savvy audience grow their savings quicker. OnJuno’s popular no-fee checking accounts come in two flavours, Basic, and a swanky Metal card which offers up to $750 in yearly bonus! Not one time, but every single year. This includes a 1.20% interest rate on yearly deposits, and an impressive 5% cashback on five brands of your choice. A black metal card for your pocket? Lets look at the details;

OnJuno Checking Accounts – Apply Now

OnJuno Checking account

Onjuno’s cashback debit cards come with no monthly fee, no foreign transaction fees, no minimum balance requirements, and the two key account features of yearly deposit bonus, and cashback on daily spend;

  • 1.20% interest rate on yearly direct deposits – With Metal card, customers can earn the 1.20% interest rate on balances up to $50,000 each year. That’s $600 each year.
  • 5% Cashback With Premium Metal Card (no fee with min. $500 monthly deposits) – Choose 5 brands from a very impressive list of retailers to earn 5% cashback on spends up to $3000. That’s a $150 each year.OnJuno Checking account


While the higher balances to maximize savings are associated with the Metal card account, the Basic card too comes no monthly fee, no foreign transaction fees, and other key attributes worth considering. Lets take a comparative look at the two accounts;

[table id=81 /]

Apply Now – There are no minimum balance requirements for either Basic or Metal checking accounts. The interest rate on yearly deposits drops to 0.25% on balances above $5,000 for Basic, and $50,000 for Metal, with a total limit up to $100,000.

Take Away

If you were on the lookout for a high yield checking account, with up to $750 in rewards each year, OnJuno checking accounts maybe the best fit. The cashback earning and the ability to withdraw money anytime, keeps it simple, and without the mental gymnastics that usually surround credit card reward programs.


**Disclaimer**: My blog contains referral or affiliate links. I receive a small commission at no additional cost to you, please consider using my links for your purchase. Thank you for your continued support.


Jason June 3, 2021 - 11:01 pm

That’s interest, not a bonus.
On another note, how do you deal with cross-border tax issues from the interest and 1099s?

Anshul June 4, 2021 - 5:07 am

Correct, 1.20% is interest, and the 5% cashback is a bonus. no clue on how the cross border taxes would work. *US ONLY* was very intentional.


Leave a Comment

You may also like