Benjamin The Bank (benjaminone.com) is offering a $15 cash bonus for every new customer who joins the waitlist, and a $100 cash bonus for every new merchant who joins the waitlist. Plus, get 10% bonus commission on your referrals’ debit card spending for life.
Benjamin was created as a form of merchant rewards. The platform allows businesses to promote card-linked offers to customers earning unlimited cashback. Set to launch in the summer of 2022, the app’s waitlist is currently open and available to both merchants and their customers. Continue reading to learn more.
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Benjamin $15/$100 Waitlist Bonus
Earn a $15 or $100 cash bonus when you sign up for the Benjamin waitlist with a referral link. The $15 rewards is for new customers, and the $100 reward is for new merchants. Also, the first 250 businesses who join the waitlist will earn an additional $500 bonus credit to use on the Benjamin cashback campaigns.
Currently, we do not have a referral link so our readers may feel free to post theirs in the comments below.
(Visit the link above to learn more about Benjamin)
Benjamin $15/$100 Referral Bonus + 10% Commission
Tell your friends and favorite businesses to take part in Benjamin, and earn $15 or $100 cash reward, plus a 10% bonus commission on their Benjamin debit card spending for life. You get $15 for every new customer you refer and $100 for every new business you refer. To qualify, they must use your unique referral link to sign up.
Benjamin Features
For Merchants
Benjamin is a great tool for merchants that was created to help you stretch your hard-earned money and get more customers to your business. The platform offers a business checking account, online banking, great interest rates, and growth tools, such as performance-based cashback marketing to 100 million cardholders and the ability to earn a revenue share from your own customers’ spending at your competitors. Others highlights of this platform include:
- Free ACH, wire transfers, batch payments, and cross-border transactions.
- Free virtual and physical debit cards with guaranteed, unlimited 1% cash back.
- Card management tools, such as custom spending limits.
- Integrated loyalty marketing tools to reward your customers and create targeted cashback campaigns.
- Powerful reporting, so you can see exactly what impact your campaign is having.
- Other special perks for you and your employees.
Plus, Benjamin for merchants is free to use. There is no monthly fee nor any minimum deposit requirement. You only have to pay the commission when customers use a Benjamin campaign with your business.
For Customers
Benjamin lets their consumers earn money and save it at the same time. The app comes with a free Visa debit card that offers 1% to 30$ cashback from their network of over one million partner venues. This includes:
- 900,000 hotels
- 50,000 restaurants
- 10,000 online stores
The app also allows you to set reminders for the best offers at your favorite merchants and find the closest venue.
Bottom Line
Benjamin is a financial platform where merchants that run cashback campaigns and where customers can earn the rewards. Beyond that, the free online banking service provides unlimited cash back using their free VISA debit card.
For another online-only business banking solution, take a look at BlueVine. They offer mobile check deposits and a high 1.0% interest on balances up to $100,000.