5 Accounts that Could Turn Your Direct Deposit into Even More Money

SAVING & SPENDING
Last updated March 14, 2024 | By FinanceBuzz Editors
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Do you receive direct deposit payments from your employer? If you do — and you aren’t using one of these accounts — you could be missing out on $100s or even $1,000s of basically free money every year.

Some of the accounts below offer various methods of growing your wealth if you receive your paycheck via direct deposit, and some of them even offer large cash bonuses and other benefits — like up to $400 cash bonuses or APYs up to 5.00% or higher!

Check out the options below and stop missing out on basically free money!

Earn up to $360 with this cash back account

If you aren’t using the Discover®️ Cashback Debit checking account, you could be missing out on tons of cash back — up to $3601 every year! The catch … you must fund your account within 45 days of opening it to start earning.

How to earn up to $360 in cash back: With this FDIC-insured account, you can earn 1% cash back on up to $3,000 in debit card purchases each month! See website for details.

Get started now, and you could be earning cash back ASAP:

  1. Apply for an account here
  2. Fund your account immediately: To keep your account active and start earning, deposit funds within 45 days.
  3. Start earning cash back instantly: Start earning cash back the moment you begin using your card. You can earn cash back on all eligible purchases!

We don’t know how long Discover will keep this 1% cash back offer live. Don’t delay — if your account isn’t funded within 45 days, it will be closed, and you’ll miss out on this incredible opportunity!

Open and fund your new Discover®️ Cashback Debit checking account here

Invest your spare change on autopilot

The best time to invest was yesterday. The second best time is today. By harnessing the power of compound interest, not only is every penny saved a penny earned, but cumulatively those pennies can grow into thousands of dollars.

With Acorns, you could turn your pennies into real wealth with their unique automated investing system for as little as $3/mo. Setting up automatic recurring investments, even just $5/day, will set you up to take full advantage of time, compound interest, and the stock market — without even having to think about it!

You’ll get access to expert-built portfolios2 with highly rated Exchange Traded Funds (ETFs), which include stocks and bonds, that can help reduce risks compared to trading individual stocks.

Plus, you can access Acorns’ Round-Ups® feature, where your daily purchases get rounded up to the next dollar and automatically invested, adding even more wealth-growing opportunities on autopilot!

BONUS: Set up Recurring Investments and Acorns will give you a $20 bonus after you make your first successful Recurring Investment (minimum $5).

Get started today for as little as $3/mo

Turn your savings into passive income

Public is a powerful investing app that lets you earn 5.30% yield3 on your cash with treasury bill investments, which can help you avoid the volatility of the stock market.

Treasury Bills power your money by unlocking rates most banks can’t provide … offering you a rare 5.30% yield on your cash.

To get started, download the app and create your account.

When you deposit your money into a Public account, you’ll get access to purchasing U.S. government debt obligations that are backed by the Treasury Department, which historically have low risk and stable returns. There are no state or local taxes to pay, and you can sell your Treasury Bills at any time. There is no minimum to open your account, and you can purchase Treasury bills in increments of $100.

Public offers a user-friendly and accessible platform that makes it easy to start investing in Treasury Bills, which can help you earn more on your cash and reach your financial goals.

Start earning on your cash today with Public

Discover®️ Cashback Debit Benefits

  • Earn 1% cash back on up to $3,000 in debit card purchases each month4
  • No minimum deposit, no minimum balance, and no account fees
  • Easily switch direct deposit via the Discover mobile app or online for Early Pay (get your paycheck up to 2 days early!)
  • 60K+ fee-free ATMs and make cash deposits at Walmart stores nationwide