Want to earn high interest and cashback? Then the Juno app is best for you. Right now, Juno money transfer is offering a whopping 5.00% interest rate on checking accounts and 5% cash back at select merchants like Amazon and Target, and 10% back when you spend with crypto. With 4-star positive reviews in Trustpilot and 50K+ downloads in the Google store, Juno is considered as a worthy app. You can also join Juno and take advantage of $30 Juno sign up bonus.
In this article, we discuss Juno’s pros and cons and what actual users think about the Juno app. You will also find our own editor’s review. So make sure to read this post till the end, as this review will be very interesting.
Juno Review:
Our extended team found out that currently, Juno is the best interest-paying apps in the market. The app is legit, having 4 stars and over 400 reviews in total on Trustpilot. Another remarkable thing we found out about Juno, aside from its 5.00% interest rate, is its affiliation with many cashback companies, which means that you can earn more cash on the go.
This image is taken from the official website of Juno.
Pros:
Here are all the pros of using Juno.
· Immigrants can qualify easily for a checking account
· Checking accounts with a high-interest rate
· Earn cash back in multiple ways
· Highest interest rate in the market
· Excellent user-interface
· You can withdraw your amount anytime
Cons:
Here are some of the cons of using Juno.
· You can’t create a savings account
· You can’t overdraw the funds
Actual users review:
More About Juno Money Transfer
As part of its digital banking platform, Juno was formerly known as OnJuno. Customer accounts and services will remain the same for existing Juno users.
As far as joint checking accounts are concerned, Juno does not offer them.
Specifically, the website claims that Juno makes qualifying for the program easy for immigrants. You only need a passport and Social Security number to open an account.
In Juno, you can earn 5% cash back on up to $500 in cash purchases or crypto purchases and 6% cash back on up to $6,000 in purchases with Juno Metal. Juno Wallet allows you to earn 3% on USDC and 6% on BTC and ETH annually.
85,000 ATMs in the nation accept Allpoint and MoneyPass for free. You won’t be charged by Juno for using an out-of-network ATM, but the ATM provider may charge you. If you have a Basic account or a Metal account, Juno will refund one fee per month.
Neither overdraft fees nor overdrawing options are offered. Whenever a purchase would overdraw your account, Juno denies it.
How Juno works:
Click here to go into Juno official siteOnce you get on the Juno website, there you will see an option to sign up with your number. Enter your number, and you’ll be able to sign up right away. OR You can also download the Juno app from Google Play and can easily create an account by clicking on sign up button provided in the app.
- To create an account, you can just sign up with your current email. You’ll be asked for your date of birth, social security number, and address during registration. The purpose of this is to verify your identity and comply with federal regulations.
- Set up your account: In order to earn interest on your deposits, you’ll need to link your bank account and make an initial deposit. If you have an existing bank account, you can transfer funds or you can use your debit card.
- Earning cashback rewards: Once you have set up your account, you can explore the app’s different features, such as earning cashback rewards, converting dollars to cryptocurrency, and managing Juno Coins.
- There are two types of checking accounts offered by Juno. There is a free version of Juno Basic and a premium version, Juno Metal, for which you must maintain a qualifying direct deposit of $250 a month.
What Do They Offer? (Features)
As with the Juno plans, you get a number of benefits; even Juno Basic provides you with enough perks like there is no minimum opening amount requirement. Here are the main perks of using Juno in detail as follows:
5% Cashback
On every $500 you spend with five businesses, you’ll get 5% back every year. Due to these perks with a bonus of ease in accessibility to your balance, Juno is getting very popular among immigrants.
5% Interest rate
As with the interest rates, there is no comparison of others at all with Juno. It is giving a mind-boggling straight 5% on the deposit of $25000. Just in case you require your money later, you can easily withdraw at any time. Your money doesn’t strike like with others.
Manage your crypto assets
Juno lets you convert dollars to USDC as well as BTC and ETH. So you can also manage your cryptocurrencies with the ease of having a conversion of your dollars
Cashback rewards
You can earn 5% cash back on purchases at select retailers, such as Amazon, Walmart, and Netflix, with a Juno account.
Payments via mobile
The Juno card supports mobile payment services such as Apple Pay, Google Pay, and Samsung Pay. So it is highly convenient in this regard as well.
ATM network
Juno uses Allpoint or MoneyPass for its ATM network, which has over 85k locations. So easily it has a wide network for users to withdraw their bonus money
Top partners like Amazon
Amazon purchases are eligible for Juno’s cashback rewards program. The cashback rate depends on the brand and product category of the purchase. Users can earn up to 5% cashback. When using the Juno app, you must click on Amazon’s link inside the app to earn cashback on Amazon purchases
Is Juno trustworthy and has a BBB rating, or Is Juno legit?
Although Juno is pretty new, it has already gained the attention and trust of many people, especially the Asian community. With a 4 stars rating on trust pilot, Juno is getting all the hype which is due to it thanks to all the positive and extremely happy reviews by many users.
Juno review compares with xyz:
While researching Juno and going through real people’s updated reviews, we conclude that Juno has been incredible in providing cashback opportunities. However, some people complained that Juno was in its initial phase and didn’t turn well to a few people’s expectations. However, people also believe that Juno is still growing and will become much more important. If we talk about comparing it with other companies, let’s say Cheese, then it is quite comparable but still, you can earn more with the Juno. Porte on the other hand is also a good option but their offers are prone to changing frequently.
Conclusion:
It’s a brainer to grab such a great opportunity as we don’t know for how long Juno will keep giving a 5% interest to its users. There is also a possibility that Juno might limit this rate to its existing customers. So if you’re not sure about grabbing this opportunity, you can still sign up to ensure you will avail of all the other cashback opportunities by Juno.
FAQ
Is Juno a bank?
A lot of you can confuse Juno with a real bank while, in fact, Juno is basically a financial company and not a bank or performed like a bank in any form. In short, you can call it an investing company that gives the highest interest rate, far superior to what banks usually give.
How to withdraw money from Juno?
You can withdraw cash free of charge from 85,000+ Allpoint and MoneyPass ATMs using Juno’s Debit card. If you withdraw money from an ATM outside the specified network within a month, we will cover ATM withdrawal fees of up to 3 for Metal and 1 for Basic.
Does Juno require a minimum deposit?
You can open a checking account with Juno in two ways. A direct deposit of $250 is required per month for Juno Metal, which is its premium version. Currently, Juno does not offer joint checking accounts.