Oct 1, 2020

Earn Cashback of the Month with Your MoneyLion Debit Mastercard®

Written by Abby Landers
Blog Post Image

We’re offering a new type of cashback on everyday purchases that puts money right back into your RoarMoneySM mobile banking account. More cashback? Yes, Please! 

It’s called Cashback of the Month, and here’s how it works: Each month, there will be a spending category in which you’ll earn cashback on all eligible purchases for the entire month, up to a specified amount. 

Earn 2% cashback at all gas stations and service stations for the month of October with your MoneyLion Debit Mastercard and your RoarMoney virtual card.

Whether you fill your tank, pick up snacks, or zip through the car wash, you’ll earn 2% cashback into your RoarMoney account every time — up to $25 cashback for the month. 

Nothing spooky about that!

Stay tuned for November’s cashback category and cashback percentage!

We’ll update this page, add a mobile card to the MoneyLion app, and send you an email (if you have an account with us) each time we announce a new category and cashback %, so it’ll be easy to earn cashback with your debit card month after month.

If you have a RoarMoney account, make sure you’ve added funds and activated your MoneyLion Debit Mastercard and RoarMoney virtual card in the Finances tab of the app. Learn more in our RoarMoney 101 blog post.

If you don’t have RoarMoney yet (gasp!), download the MoneyLion app and apply for an account in minutes. The perks don’t stop at cashback either. You’ll find early paydays1, robust security features, 55,000 no-fee ATMs2, a virtual debit card, and more for only $1 a month.

This new debit card cashback complements our existing rewards programs, so you can potentially earn double and triple rewards. 

As always, any purchase of $10 or more is eligible for a Shake ‘N’ Bank cashback reward. So if you purchase gas in October, you’ll earn 2% cashback plus a Shake ‘N’ Bank cashback reward. 

You can also take advantage of Online Deals from top merchants offering cashback in the Rewards tab of the MoneyLion app. If you find an online merchant that matches one of the monthly cashback categories, you can further multiply your rewards.

Please note that rewards from Shake ‘N’ Bank and Online Deals are deposited into a fully managed MoneyLion Investment account and not your RoarMoney account. You can learn more about Shake ‘N’ Bank rewards here and Online Deals here.


Abby Landers
Written by
Abby Landers
Abby is MoneyLion’s Creative Director and a frequent contributor to the blog. She’s worked in finance and technology for many years and has found her professional happy place in FinTech. She enjoys writing about personal finance and helping others find easy ways to improve their financial health. Outside of work, you’ll usually find her skiing or hiking.

MoneyLion users with an active RoarMoney account are automatically eligible for this promotion.  Please see the MoneyLion Cashback Promotional Calendar for the monthly promotional categories or specified merchants and cashback available. Use your Money Debit Mastercard or RoarMoney virtual card for qualified purchases in the category specified for each month between 12:01 a.m. on the first day of the month and 11:59 p.m. on the last day of the month to earn the cashback percentage specified on each transaction charge, up to the maximum monthly cashback available. Qualified purchases are purchases for goods and services made in the specified category for that month minus returns and other credits and do not include balance transfers, cash advances, loan proceeds, ATM transactions, finance charges, fees, interest charges, gambling transactions, peer-to-peer transfers from services such as PayPal, Cash App, or Venmo and unauthorized/fraudulent transactions (as determined by MoneyLion).  MoneyLion does not determine which category code a merchant uses to classify itself and will not be responsible for any merchant code determination made by a merchant. Qualified purchases must be authorized during the applicable month to qualify for cashback. MoneyLion is not liable for transaction processing delays caused by merchants or any third-party vendors. Any cashback you earn will be credited to your RoarMoney account on or about the 10th day following the month in which you earned cashback.  If your account is not in good standing at the time that the cashback credit would be made, you will forfeit the reward. MoneyLion reserves the right to cancel or modify the terms of this promotion or terminate a member’s eligibility at any time with or without prior notice. This offer is neither sponsored nor endorsed by Pathward, N.A.

MoneyLion is a financial technology company, not a bank. RoarMoney℠ demand deposit account provided by, and MoneyLion Debit Mastercard® issued by, Pathward®, National Association, Member FDIC. RoarMoney is a service mark of MoneyLion. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International. Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account.

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, Form ADV Brochure, and 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).

With direct deposit. Faster and easier access to funds is based on comparison of traditional banking policies and deposit of paper checks versus deposits made electronically and the additional methods available to access funds via a card as opposed to a paper check.

MoneyLion Debit Mastercard can be used for no-fee withdrawals at ATMs in the Allpoint network. Fees may apply for ATM transactions outside this network.

Rewards are subject to terms and conditions, see here.

Rewards are an optional service offered by MoneyLion

MoneyLion does not provide, nor does it guarantee, any third-party product, service, information, or recommendation. The third parties providing these products or services are solely responsible for them, as well as all other content on their websites. MoneyLion is not liable for any third party's failure with regard to those advertised products, services, and benefits. These advertised products and services may not be FDIC insured or bank-guaranteed, and may be subject to a different privacy policy than MoneyLion’s. You should check individual offers, products, and services to become familiar with any applicable restrictions or conditions that may apply. MoneyLion may receive compensation from third parties for referring you to the third party, their products or to their website.