Kabbage is offering
New Kabbage Checking Account Members: Earn a $300 Cash Deposit/Balance into your Kabbage Account after your complete
a total of (
5)
debit card purchases within
45 days of account opening or when following the instructions listed below.
Thanks to community member(
s)
skeleton516 &
bvbootyking for finding this deal
-
Note, offer valid for New Kabbage Checking Accounts only; must apply and be approved for this promotional offer to be active
Deal Instructions- To earn the $300 cash deposit into your Kabbage Checking Account
- Apply and be approved for a Kabbage Checking Account
- Note, account must be opened between October 1-December 15, 2021
- Successfully complete (5) required Debit and/or virtual card purchases within 45 calendar days of opening your Kabbage Checking account
- Note, only transactions that clear within 45 calendar days will qualify
- Your Kabbage Checking account must be open and in good standing at the time of fulfillment
- Once you have completed all the above eligibility requirements, a $300 cash deposit will apply to your Kabbage Checking account
- Note, please allow up to 45-90 calendar days for this deposit to apply
Kabbage Powered by American Express
Top Comments
You should know that Plaid, Yoodle and companies like them scrape your personal bank account information using your username + password, and then they will use that for their own data mining purposes --- in addition to providing the data to the requesting company as part of their service.
- In this case they are obtaining all your bank transactions over 365 Days and your balance to make it available to Green Dot bank.
- they will maintain this access until you change your Funding Bank account password.
The only way to stop Plaid and Yoodle from harvesting your personal and financial information after you've used any "login to verify your bank" services is by changing your Bank password.
NOTE: Plaid/Yoodle etc can gain access to all your banking information, including mortgages, loans, credit cards etc. as they login to your account pretending to be you and scrape data that your bank may present to you on your bank home page. While in this case scope is limited to your transactions over 365 days and balances, other companies may try to extract as much information as possible about your finances, without you knowing.
***
Since they have no other funding source option (w/o turning over my entire finances to this no-name bank, or incurring a $25 wire deposit fee) it seems like I'll have to pass on the deal.
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515 Comments
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This time, as suggested by others, I just said I was a sole-proprietor.
I used my home address.
Let's see if it deposits $300 after making 5 debit card purchases. Keeping fingers crossed.
And I was approved.
They had an offer earlier in the year.
I told them I was a LLC and gave them my EIN.
They wanted my tax return among other things, so I dropped it.
Disable ad-blocker.
I saw the offer in a banner at the top of their home page after I disabled mine.
Organizational Documents (Articles of Incorporation OR Certificate of Incorporation)
Organizational document
These documents are based on the structure of your business, including Articles of Incorporation, Operating Agreement, and Certificate of Incorporation.
Kabbage Funding™, Kabbage Checking™ and Kabbage Insights™ are trademarks of American Express.
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But seriously do you really want a bank that misspells the name of your least favorite vegetable?
Just one moment
We're processing the information you submitted.
Attempted to transfer funds from my credit union account, no go. "We're unable to link your account at this time. Please try again later and contact Kabbage support team if the issue persists."
Attempted to transfer funds from my T-Mobile checking, again a no go. "We didn't find any results for T-Mobile. Try adjusting your search terms or search for another institution."
Third try successful, transferred $100 from my USAA account (couldn't transfer more because this was such a small account).
Looks like it's going to be a PIA transferring money into and out of this account, using my USAA account as a proxy between my main cash holding accounts and the Kabbage checking account.
I should be transferring funds only once a month ... so I guess I'll just have to live with the inconvenience.
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