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Update 12/20/2022: Bumped has decided to cease operations of our ownership rewards programs. Apex will be taking over your brokerage account and services.
Bumped (bumped.com) is welcoming new users with a $1 bonus in free stock (referral link below). You’ll get an additional $1 in free stock for every person who claims their welcome reward using your unique referral link. Find more referral offers here.
Bumped is the first shopping rewards platform of its kind. Instead of earning cashback or loyalty points, members are rewarded with fractional shares of stock for their purchases. Simply put, the app turns your everyday spending into investing. Let’s take a closer look at how Bumped works and their current offers below.
Compare with Rakuten (bonus available) and other cashback shopping services.
Bumped $1 Welcome Bonus
For a limited time, enjoy $1 worth of free stock when you use the referral link below to register for a new Bumped account and are approved. You get to pick your winning stock. This offer is only available to new Bumped users.
- Referral link: https://bumped.com/sign-up/?ref=2301eee3
Bumped Give $1, Get $1 Referral Program
Earn fractional shares of stock when you successfully invite your friends and family to use Bumped. For every referral who signs up with your unique referral link and is approved, you’ll receive $1 worth of free stock. Each one of your referrals will also enjoy $1 worth of free stock as a welcome bonus.
If you shared Bumped with your friends using social media, you’ll get stock rewards in the social media brand you used. For example, if you referred via Facebook, you’ll get $1 worth of Facebook stock.
Find your unique referral link when you open the Bumped app and tap on “Free Stock” There is no limit to the amount of stock you can earn from referrals.
How Bumped Works
Bumped rewards you with fractional stock shares for your spending. Most notably, the platform lets you triple-dip on your purchases, so you can spend and earn the brand’s stock, loyalty points, and credit card rewards, all on the same purchase. Here’s how it works:
Earning Stock Rewards
Bumped gives you two ways to earn free stock: Loyalty Rewards and Shop Now. With Loyalty Rewards, you select your favorite brand from each category. For example, you can choose Sam’s Club for the club warehouse category and Lyft for the transportation category. Every time you spend with your favorite brand, you’ll earn free stock with that company. The goal is for you to build loyalty with these brands and maintain long-term positions.
Shop Now requires you to first choose up to four stocks. Then, use the platform just like any other online shopping portal. You can browse or search current promotions. All deals will list the rewards rate as well as any restrictions that may apply. After you complete your purchase, the rewards will be split evenly between your four pre-selected stocks.
Please note, rewards often take up to seven business days to process.
Redeeming Stock Rewards
You can sell your shares with no brokerage fees. Any cash in your account can then be withdrawn.
Bumped does not charge any account fees, maintenance fees, trading fees, commissions, account closure fees, nor ACH transfer fees. The platform is completely fee- and commission-free.
Unlike cash and rewards points, which are likely to lose value over time, stocks have the potential to appreciate. Not only that, Bumped lets you stack rewards with other loyalty programs, and the platform is fee- and commission-free. In short, you don’t have anything to lose by joining.
More investment promotions here (e.g. J.P. Morgan, Public.com)
Don’t forget! Use the referral link from above to register and enjoy a $1 welcome bonus.
READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here
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