# What is Shake 'N' Bank?

> Shake 'N' Bank is part of our rewards program that lets you shake your phone to earn cashback every time you make an eligible purchase with your RoarMoney   ...

Source: https://help.moneylion.com/en_us/what-is-shake-'n'-bank-rkO1CM0Mt

Last updated: 2026-06-22T20:22:03.302Z

Shake 'N' Bank lets you earn cashback rewards with each eligible purchase of $10 or more using your MoneyLion Debit Mastercard® and your MoneyLion Spend virtual card. Transfers, direct deposits, or ATM withdrawals using your MoneyLion Debit Mastercard do not count as eligible transactions.

  

MoneyLion Spend customers are eligible to receive a maximum of five Shake ’N’ Bank rewards per month unless they are enrolled in MoneyLion WOW or Credit Builder Plus, in which case they enjoy the benefit of unlimited Shake ’N’ Bank rewards each month.

  

The reward amount received from Shake ’N’ Bank will range anywhere between $0.01 to $500 on each eligible purchase — up to 500% of the value of your purchase! You can deposit the rewards into your MoneyLion Spend account or Managed Investing account.

  

  

## How to Redeem

Once the purchase is settled, you will receive a phone notification to shake your device if the purchase is eligible for Shake 'N' Bank. Make sure you allow push notifications from MoneyLion so you don't miss any chances to earn!

  

If you miss the notification, you can also visit the Rewards tab on the MoneyLion app to see your available rewards. Tap on the Shake ’N’ Bank banner and follow the prompts to shake your phone for cashback!

  

When your eligible purchase settles, meaning it’s no longer a pending transaction, you’ll have 7 days to redeem your Shake ‘N’ Bank rewards.

  

You must have an active MoneyLion Spend Banking Account or Managed Investing account in good standing to participate in Shake 'N' Bank rewards. It may take up to five (5) business days for the reward to settle in your MoneyLion Spend account or Managed Investing account.

  

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Rewards are an optional service offered by MoneyLion. Shake ‘N’ Bank and other Rewards are subject to terms and conditions, see [here](https://www.moneylion.com/moneylion-shake-n-bank-cashback-promotion-terms-and-conditions/).

  

_MoneyLion is a financial technology company, not a bank. MoneyLion Spend demand deposit account is provided by, and MoneyLion Debit Mastercard® is issued by, Pathward®, National Association, Member, FDIC. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account. MoneyLion is not itself a bank or a FDIC-insured institution and the FDIC's deposit insurance coverage only protects against the failure of a FDIC-insured institution. Pathward, National Association is a FDIC-insured depository institution._

  

Investment advisory services provided by ML Wealth LLC. Investment Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclosures relating to the MoneyLion Investment Account, see [Investment FAQs](https://help.moneylion.com/categories/investing-Sy3AJsupa), [Form ADV Brochure](http://moneylion.com/adv), and [moneylion.com/investing](http://moneylion.com/investing). Accounts are subject to a monthly account fee of $1, $3 (accounts valued over $5,000), or $5 (accounts valued over $25,000).