Albert Checking $500 Bonus + up to $1,500 from Referrals

Disclosure: Basic Travel Couple, LLC has partnered with CardRatings for our coverage of credit card products. Basic Travel Couple, LLC and CardRatings and MileValue may receive a commission from card issuers. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Note: Some of the offers mentioned below may have changed or are no longer available. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. You can view our current offers here.

Every once in a while a great bank account promotion comes around where it’s a complete no-brainer. Albert banking hit the nail on the head with their new user promotion. Learn how to earn up to $2,000 in the Albert Banking Basic Breakdown below!

Albert Banking Bonus

The Offer

There are two requirements to earn the Albert promotional $500 opening offer. First, open a new Albert banking account and set up a monthly $200 direct deposit for at least 90 days. Second, spend at least $100 per month over those same 90 days.

Basic Pro Tip ~ Set up calendar alerts to meet these requirements. I will add alerts to remind me to complete both the Direct Deposit and the $100 purchase.

The Referral Offer

Earn $500 per referral up to $1,500 total when your referral meets the opening requirements listed above.

Earn $500 with the new Albert Banking Bonus

Other details

There is no monthly fee or monthly minums to worry about with Albert. In addition, there is no early account closure fee that I’m aware of.

Genius Feature

There is a paid Albert Feature called genius that the app tries to get you to opt into upon signing up. I was able to get around it without having to opt-in, while Lisa was forced to opt-in. If you’re not able to get around this feature upon signing up, simply go to the home screen and select “Text Genius” and request to cancel the Genius membership.

Opt-out of the Albert Genius Paid Subscription

Monthly Savings Goal

Another pesky feature of the Albert app is the savings goals that it tries to force on you upon signing up. I selected the $1 per month option when I initially signed up and then found a way to cancel it altogether. Simply log in and select “savings” from the home screen. Then click the wheel in the top right-hand corner and then select “adjust savings settings”. From there select the toggle to pause automatic savings!

Albert savings is paused!

Lower $250 bonus?

I’ve some people with $250 referral links. If you’re going to complete the Albert Promotion, be sure to use a $500 referral link! Ours is posted below. After signing up, it appears that you can refresh the app to try and generate the $500 referral link.

Ready to sign up for Albert? Click here for the $500 welcome promotion! This is the crowdsourced Basic Travel Link referenced below.

Crowdsourcing Links

Given that each person can only earn three $500 referrals, I’ve created a shared google document for folks to use collaboratively. Feel free to add your $500 link to the doc and add in whose link you’ve used.

Earn up to $1,500 from referring Albert Banking to Friends & Family

Basic Breakdown

This is an awesome promotion and one that I’m assuming won’t last long. There was a recent WF $1,500 business bank account offer that was pulled within a week. Given this bonus is worth $2,000 if you can maximize the referrals, it’s a no-brainer!

I’d love to hear in the comments below or over in our 7,800+ Member Basic Travel Facebook Group!

More Basic Reading

Editorial Disclaimer: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

The comments section below responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

5 Basic Travel Strategies

Need-to-know tricks for cheap travel.

Top Credit Card Offers

 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more  3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% cash back on all other purchases.  0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.74% - 28.49%.







We're Dave & Lisa

An easy-going, fun-loving couple who have a passion for adventure and exploring the world! Our strategies have saved us over $100,000 in travel over the last four years, and our goal is to help you do the same.

Keep Exploring