Earn money with online banking

 

The sponsorship system to earn money

Referral programs are one of the most profitable and regular ways to make money with online banking. Indeed, several establishments encourage their customers to recommend their services to those around them by offering sponsorship bonuses in the form of money paid directly into the bank account of the sponsoring customer and sometimes also for new referrals. These sums can be quite substantial, especially if you have a large network of contacts.

To get an idea of ​​the offers on offer, check out online bank sponsorship offers .

How does sponsorship work?

• Registration: To participate in an online bank's sponsorship program, it is necessary to be a customer of the bank and have an active account. Then, you can access your personal space with your identifiers and find your sponsorship link or code.
• Sharing the link/code: You can share your unique referral link or code with your friends, family and acquaintances via social networks, email or online forums.
• Reward: When one of your acquaintances uses your link or code to open a bank account in the establishment concerned and respects the conditions (for example, a minimum amount to deposit), the referral bonus will be paid to you according to the terms set by the bank.

Open accounts with several online banks

Another strategy to increase your income thanks to online banks consists of opening accounts with several establishments in order to take advantage of the various promotional offers offered. In fact, some banks offer account opening bonuses in the form of money credited directly to the new account. These bonuses can range from a few dozen to several hundred euros depending on the current offers and the conditions required.

How to maximize gains with this tactic?

1. Look for current offers: Regularly monitor promotions offered by online banks to choose those that best suit your needs and offer the best sign-up bonuses.
2. Consider the conditions: Read the conditions carefully to benefit from these offers and make sure you are eligible before opening the account. This may involve, for example, domiciling your income, carrying out a certain number of transactions or depositing a minimum amount.
3. Manage your accounts intelligently: Once your account is opened, consider minimizing bank charges by respecting the conditions set by each establishment. Also be careful not to spread your savings across too many different accounts in order to stay organized and have good visibility over your finances.

Invest in financial products offered by online banks

Online banks often offer interesting financial products such as savings accounts, life insurance, stock market investments, etc. These investments can be profitable and allow you to generate partial additional income by earning interest, dividends or capital gains depending on the type of product chosen.

What are common investments with online banks?

• Savings account: Several online banks offer competitive interest rates on their savings accounts in order to attract and retain their customers. Although the gains are not incredible, it is a safe and accessible solution to save while earning a little money.
• Life insurance: Life insurance is an investment product offered by certain online banks which allows you to build up capital or an annuity to prepare for retirement, protect your loved ones in the event of death or finance a long-term project. The returns depend on the type of contract chosen (euro funds, units of account, etc.) and the associated fees, but they are generally attractive compared to the offers of traditional banks.
• Stock market investments: More and more online banks are positioning themselves in the stock market investment market by offering tools and services for investing in stocks, bonds, ETFs, etc. This can represent an opportunity to diversify your assets and generate additional income through dividends or realized capital gains, provided you are ready to assume the risks inherent in this type of investment.

Ultimately, there are many opportunities to earn money through online banking. Whether through sponsorship, opening several accounts to benefit from promotional offers or investing in financial products, these methods represent opportunities to maximize your income and optimize the management of your finances