Vola Finance (volafinance.com) is welcoming new customers with a $5 cash bonus (referral code required). The app links to your existing bank account to find smart ways for you to save, including advancing up to $300 in cash to cover a temporary dip in funds and avoid overdraft fees. Keep reading for more on Vola and their welcome offer.
- Update 8/6/2024: Does anybody have a referral link to share? Please do so in the comments section.
READ MORE: GET TOP BONUSES FROM CHASE, AXOS, AND BMO.
Vola Finance $5 Welcome Bonus
Enjoy a $5 cash bonus when you download the Vola Finance app and use a referral code when you register for a free account. This offer is valid for new users only.
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How Vola Finance Works
Vola keeps an eye on your bank account and your finances, helping you budget your expenses and save. If your account balance gets below $35, the app sends you a notification, and you can opt to borrow an advance of up to $300 to prevent overdraft and nonsufficient funds (NSF) fees. The advance does not require a credit check, and there’s no interest. You can get your emergency funds as early as the same business day.
Vola automatically deducts repayments from your bank account, but you can make a payment earlier without any prepayment penalties. If you won’t have the funds in time, you can request an free extension of up to 10 days.
Once you repay your advance, Vola makes you wait five days before you can take out another advance.
Vola Finance Eligibility
To qualify for an advance, your bank account must meet the following requirements:
- It must be more than three months old.
- The average balance must be over $150.
- It must show income and deposits.
- It must show activity most days of the week.
The app itself is open to everyone.
Bottom Line
Vola Finance helps you avoid overdraft fees and take control of your finances. It’s a good fit if you want an automated way to monitor your bank account and learn how to budget. Use a referral code during registration to get a $5 cash bonus.
You might also be interested in the Dave (dave.com) banking app. They also help members predict and avoid overdraft fees with no-interest advances of up to $200. Dave is currently offering a $5 cash bonus as well.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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