Earn up to 3.35% APY2.  No account fees. No minimum balances.

$50 Cash Bonus

OFFER VALID • 07/22/2024 – 12/31/2024

Terms & Conditions: The following describes the terms that apply to participation in the Baselane Promotional Program (“Program”) offered by Skylight Financial Services, Inc. (“Baselane”).

This Program is offered solely by Baselane and not by any named merchant or any other third party.

Eligible Participants: Baselane users who have not previously collected any rent payments via Baselane’s Rent Collection tool and who have not previously funded a Baselane Banking checking account are eligible. Baselane users must open a Baselane Banking checking account to receive the payout. Participants can only participate in the offer once.
Eligibility Requirements: You can only receive this bonus once, regardless of the number of accounts you open.

You must:

  1. Use an approved Baselane Partner referral link (only partners that make this offer are eligible, and they will offer you the link)
  2. Have or open a new Baselane banking checking account (accounts are subject to approval),
  3. Deposit an aggregate total of $500 or more in new money across your Baselane banking checking accounts within 30 days of account creation,
  4. Maintain at least an average $500 aggregate balance across your Baselane Banking checking accounts for 30 days from the date the initial $500 deposit requirement is satisfied

After you have completed all the above requirements, we will deposit a bonus of $50 into your Baselane banking checking account within 30 days. The offer is good for one-time use. Baselane reserves the right to withdraw this offer at any time without notice. You are responsible for determining the tax incidence of any bonuses received under this program and acknowledge that such bonuses may be reported on IRS Form 1099 INT (or Form 1042 S, if applicable).

Baselane is not liable for payment delays caused by named merchants or any third-party vendors. Baselane reserves the right to exclude any users from participating in the Program for any reason, including suspected fraud, misuse, or if suspicious activities are observed, including without limitation, in the case of payments to and from the same individual or entity, payments between relatives or close associates, and other actions inconsistent with a bona fide landlord/tenant relationship. Baselane also reserves the right to stop or make changes to the Program at any time. Baselane values your privacy and the security of your personal information, so please do not include your Social Security number in any email or letter that you send to us.

© 2024, Skylight Financial Services Inc. (Baselane). All Rights Reserved.

Baselane is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. The Baselane Visa Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.

1Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions regarding the sweep program. Pass-through insurance coverage is subject to conditions.

2The Annual Percentage Yield (APY) on your Savings Account is accurate as of 18/09/24. Total balances across Checking Accounts and Savings Accounts are used to calculate APY tier, but only money in Savings Accounts is eligible for interest. Total balances less than $10,000 earn 1.75% APY for Savings Accounts. Total balances between $10,000 and $24,999 earn 2.64% APY for Savings Accounts. Total Balances between $25,000 and $49,999 earn 3.06% APY for Savings Accounts. Total balances of $50,000 or more earn 3.35% APY for Savings Account. Rates are variable and are subject to change after account opening.

3Terms and conditions apply to the cash back rewards program. 1% cash back is credited instantly following purchase with no maximum spend. No minimum spend applies. ATM transactions, the purchase of money orders or cash equivalents, and account funding made with your debit card are not eligible for cash back. Please refer to the Rewards Terms and Conditions for more details.

4Some states require an interest-bearing escrow account for security deposits while some don’t require interest. User is responsible to check state laws along with rules for collecting and reimbursing a refundable security deposit. A brief overview of security deposit laws for escrow accounts in all 50 states can be found here.

*All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.