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.

1. 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.
2. 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.
3. 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.
4. 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.

There is usually no difference between Cash App and Venmo in terms of their purpose. Because they both want to monopolize their respective markets, it makes sense that they wouldn’t support direct transfers to third-party platforms.

If you’re looking to transfer money directly, I would feel sorry for you since your personal account is also not eligible for money transfers. Using CashApp or Venmo, but not both, might be inconvenient in some situations. We’re about to give you some solid answers if you are also confused about these types of fund exchanges!

If you find yourself in a similar situation, don’t fret. Peer-to-peer payment apps can be complicated, but we know how to work around them. Make sure you stick with us to the end. If you don’t, you’ll waste time during failed transactions and lose money during Venmo’s fees when receiving money.

Here’s a step-by-step guide on how to transfer money from Venmo to Cash app!

Let’s get started by following these simple steps!

1.      By Adding the Venmo Card to Your Cash App Account

To proceed with this method, your Cash App account must first be linked to the Venmo card you wish to use. Then follow these steps further:

• To get started, tap the bottom-left sign on the screen when you open the app.
• You will see a symbol similar to a $10 coin, but a different number will represent your account amount.
• Following that, you will now be asked to enter the card details for the bank you wish to pay. Click ‘Add Bank’ now.
• To pay this Venmo account, enter the details of your Venmo card. Alternatively, you may use someone else’s account.

The card will appear among the banks you can pay from your Cash App account once all the details have been entered.

2.      The Cash App will allow you to cash out

Following that, you will see the dollar button. Click the “$” button in the bottom-left corner to navigate the same screen.

Click the ‘Cash Out’ button to complete the process. An amount pop-up will appear where you can type your payment.

You can transfer funds by typing in the amount and tapping ‘Cash Out’ at the bottom of the screen.

There are two options available to you at this point.

A standard or instant transfer can be used to send the money.

The standard transfer typically takes between one and two weeks to complete. Some people find this inconvenient.

With the instant money transfer option, you can transfer money instantly from your Cash App account to your Venmo account. There is a $0.25 minimum fee for transfers. Nevertheless, you will be charged 1% or $10 for each transfer.

3.      Confirm that the transfer has been completed

In the case of any money transfer, this is the final step we recommend. Check the Venmo account you send money to once you have completed the Cash App transfer process.

Upon completion of the transfer, you should see the money. You should see the money immediately if you complete the instant transfer. When transferring money with Cash App, you need to wait until the day indicated for the transfer to go through.

It is possible to see the completion date of the transfer on the Cash App.

Here is some more information regarding the process, don’t miss out on reading it.

Can You transfer money from Venmo to Cash App without a card?

Your account can be set up with a debit or credit card by clicking on the “Settings” tab and selecting “Payment Methods.”

Banking is the easiest method. Then you can move funds from the bank to the other app by transferring funds from one app to the other.

Can you transfer money from Venmo to Cash App without a bank account?

This method has a slight twist, but it is similar to the first. You can add your Cash App debit card to Venmo if you have one. The steps are as follows:

Start by opening the app and following the first-step instructions.

You can add a bank or credit card by tapping “Add a bank or credit card.”

Your phone should have an option for taking a picture with the information. You can enter the information manually or upload the data manually.

This is the only method available for transferring money from Venmo to Cash App without having a bank account.

Combining potentials

The fact that two competing services could work together is a great thing. With Venmo’s offer to send money to Cash App, our payment options are sure to be more diverse than ever! The combination of Venmo and Cash App can bring you several benefits.

Are there any limits regarding transactions?

The maximum amount that can be transferred to an unverified account is usually $299.99. You will be able to perform $2,999.99 worth of transactions each week once you have verified your identity.

What are the fees associated with Venmo transactions?

Each Venmo service is charged separately, as with other payment applications. For example, Venmo will charge you 3% for transferring your credit card balance. In contrast, Venmo will charge you 25 cents for instant transactions. Also, Venmo charges you for using Venmo when buying things online, regardless of whether you pay via credit card.

Conclusion

In this post, we tried covering the money transfer method from venom to the cash app in the most exclusive way. I hope this article has helped you to get your facts checked. We regularly deal with such issues and try to find the best possible answers. We will appreciate your feedback. Thanks. Happy reading!

XE Money Transfer Review Guide

No transfer fees are charged, and the company makes money from the difference between the base rate and what you receive. As a result, they are one of the more competitive providers, though they may not always be the cheapest. Some less-traded currencies may be slightly more expensive than others when you send money to XE. You can expect to pay about 0.5 to 2 percent of the total amount you’re sending to XE.

What is XE Money Transfer?

With its extensive international money-transvested record, XE Money Transfer is a company to be reckoned with. As part of the Euronet Worldwide group, which also includes HiFX and Ria, it transfers more than £115 billion annually to more than 65,000 customers. With over 20 years of experience in exchange rate information, XE is widely trusted by companies, banks, and financial institutions for understanding market rates. Impressive.

HOW TO USE IT

XE is easy to set up once you create an account and input all your information. Start by selecting “Get Started” on the official website. You may need to upload and load some documents and provide sensitive information, but their security system allows you to share with confidence. Registration entails the following steps:

• The next step is to create an XE account. You’ll need to enter your name, country, and email address. Once that is done, select “Continue.”
• Select a security question and then create a password. Continue by clicking “Next.”
• On the left side of the page, find the tab marked “Your Requirements.”
• Attach the necessary form of identification.
• Be patient while your account is approved. Ideally, this shouldn’t take more than a few hours.

Is XE Transfer Good Enough?

To ensure the quality of any money-transferring method, these are the core criteria to look at:

1. Currency exchange rates
2. Expenses associated with transfer fees & costs
3. Streamlining the transfer process
4. Convenience
5. Protection & Security
6. Testimonials from customers

Let’s break down these:

Currency Exchange Rates

The exchange rate at XE usually varies between 0.5% and 2%. Furthermore, the margin on the exchange rate decreases as the transfer amount increases. It is, therefore, ideal for large transfers because XE is less expensive.

Its rates are competitive in the money transfer market compared to traditional banks.

Expenses associated with transfer fees & costs

The international money transfers you make with XE are fee-free. Banks may impose hidden fees, but XE is not responsible for them.

For wire transfers across the globe, XE uses the SWIFT messaging system, which may charge a fee to the recipient’s bank or intermediary bank.

Prepare yourself for the expenses by asking the receiving banks about such fees.

Credit cards may charge additional fees of approximately 1.6% of your transaction amount when you use your card to pay for your transaction.

Streamlining the transfer process

Most transfers are completed on the same day. You can usually expect a quicker transfer speed if you send foreign currency, transfer money, and transfer funds among different banks. Money usually arrives in the recipient’s bank two to four days after sending it.

The SWIFT system facilitates the delivery of wire transfers through 1-3 intermediary banks before reaching the recipient’s account through wire transfers. The transactions take longer because of this.

Convenience

Sending money through XE is very easy. Upon approval of your account, setting up a money transfer is as easy as pie. Generally, you will receive an email confirming the approval of your account. 

Your XE account makes it easy to transfer money. Here’s how.

• Log in to your XE account.
• Enter your payment information
• Decide how much to transfer 
• Decide what currency you want to send
• Fill out the recipient’s information
• Last but not least, check the exchange rate and transaction details.
• Finally, send by clicking the send button.

Protection & Security

With years of experience in the currency exchange business, XE is one of the world’s most trusted and reputable companies. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) reports that the firm holds a license and is registered with FinCEN and FinTRAC in the United States.

ASIC issues XE an Australian Financial Services License (AFSL), and XE is registered in the UK with the Financial Conduct Authority (FCA).

Last year, the company processed $115 billion worth of transactions.

Testimonials from customers

Customer reviews for XE are generally positive. Over 44,000 reviews have been written about XE on TrustPilot for the service.

They are known for their good customer service, with multilingual customer service in English, Spanish, and French.

Most reviews cited the ease of setting up the money transfer, competitive rates, and responsiveness of XE’s customer service representatives as reasons for satisfaction with the service.

A smaller percentage of negative reviews were caused by not receiving the funds in time, blocked accounts, or identity verification problems. This may be because of XE’s compliance requirements, which led to some accounts being disapproved as they failed to meet the ID requirements.

Conclusion

The customer support team at XE money transfer is excellent. They are available whenever you need assistance setting up your online account or any other issues you may have. Users also love the XE app. One of the world’s leading currency exchange websites, XE is easy to register and has an intuitive app.

There will be some customers and transfers for which XE will not be the best choice. Due to this, the market offers many options.

The mid-market rate is still marked up by Instarem, resulting in higher costs for currency exchange.

With Instarem, money transfers overseas are transparent, which is an important factor. The platform automatically displays its current rates sourced from Reuters, for instance. InstaRem supports 55 different currencies, which is impressive when compared to its competitors. Because of this, it makes sense to use this service if you need access to a large number of currencies, but if you are seeking fast, no-fee transfers, it is not a good choice.

The fees and exchange rate for Instarem

The rates and fees associated with InstaReM are competitively low. Money transfers with certain currencies with InstaReM cost zero margins, as they use Reuters exchange rates. In other words, there is no markup on the exchange rate, so you get the best rate. Unlike some competitors, InstaRem charges a fee of 0.25% – 1% for transfers, although it’s not cheaper than those that do not. Aside from its slow transfer speeds (up to two days),

When transferring money with InstaReM, how long does it take?

The worldwide banking network of InstaReM enables your money transfer to be completed within 1-2 business days. This is faster and cheaper than most other money transfer services with low, competitive exchange rates. The system also greatly outperforms SWIFT-based banks.

You need to know that transfer times are always estimated on websites. Other factors affect money transfers, such as where the money is going, how much is being sent, and how quickly the bank receiving the funds can handle it.

What is the process for sending money overseas with Instarem?

It’s easy to transfer money overseas with InstaReM. Follow the steps outlined below by going to the website and selecting Sign Up.

Registration – Create an account

Create an account first. To initiate the transfer, choose either an Individual or Business account.

Step 2 – Fill out your personal information.

When you register, you will be asked for some personal information, so you can cope with it.

Step 3 – Verify your ID

Once you have entered and uploaded the above information, your InstaReM account will be approved within 36 hours. Once your request has been approved, you can begin sending money abroad.

The fourth step is to set up your international money transfer.

• Log into your InstaReM account using your InstaReM login credentials and enter the following information:
• Details regarding your bank account
• Details of the overseas bank account
• The amount you wish to send
• How much would you like your recipient to receive

If you want to use InstaReM’s fast transfer process, we recommend using your debit card instead of a bank transfer.

Before you submit your InstaReM transfer, you will have to approve all details, including:

• Currency exchange rate
• Fees associated with transfers
• Is there a fee for your service?
• What is the amount your recipient is receiving
• Estimated transfer time

Depending on the currency and the transfer time, InstaReM’s money transfers typically take 1 – 2 business days to complete.

Limits for Instarem

InstaReM’s minimum transfer amounts vary for business and individual accounts and are applicable to most currencies supported. Individual limits apply to some popular currencies, including:

• UK and EU: £200/€200
• A $50 fee applies to US and Canadian residents
• A $200 fee applies to Australia

Bank/wire transfers are not limited. Most supported currencies do not have a maximum transfer amount, while only a few currencies have a maximum transfer amount. This applies primarily to:

• $1500 for US citizens. This only applies when transferring via ACH Pull Method.
• The Malaysian ringgit is MYR 30,000
• The amount is $5000 USD for India
• A daily cap of $3000 in Canada

Conclusion

Instarem is undoubtedly one of the most favorable money transfers that think of its users the most. It is by far the safest and greatest money transfer method to send money internationally to your loved ones to pay your employees or if you want to receive money from outside of the country. This article covered Instarem, its working, its pros, and some of its cons. Let us know if you have any questions.