VirtualBank is currently running a promotion that gives new clients a $20 bonus if you are referred by an existing member, and open with a minimum of $100. The referrer also gets $20. I’ve referred my entire family and many others, amazingly still without any complaints as the bonus shows up quickly and they have solid customer service. You must keep the account open for 180 days to avoid an early-closure fee. But since there is no minimum balance, that shouldn’t be a problem.

Interested? These referrals are limited, and if I send one out and it is not used, it is gone forever and is basically a lost $20. So, so please only ask if you are serious about opening an account. Just send me an email mentioning Virtualbank along with your First and Last Name, and I’ll get a referral e-mail to you promptly. Again, you must send your correct First and Last name and it has to match your bank application or the bonus will not go through without an extra phone call and manual entry.

Be sure to keep the referral e-mail and note your referrer’s names, in case you need to follow up on it.

[Updated 5/10/07 – Still have referrals available]