Imagine turning every qualifying purchase into a guaranteed cash reward opportunity, similar to a scratch-off ticket but with no losing tickets. RoarMoney, a mobile banking account from MoneyLion, introduces Shake ‘N’ Bank, where you simply shake your phone after spending to earn cashback.
This feature makes banking fun and rewarding, encouraging everyday spending while building your savings. Unlike traditional lotteries, every shake yields at least some cashback, deposited directly into your account or investments.
How Shake ‘N’ Bank Works
Shake ‘N’ Bank transforms routine purchases into exciting cashback events. Here’s the simple process:
- Make a qualifying purchase: Use your RoarMoney virtual card or physical MoneyLion Debit Mastercard for transactions of $10 or more.
- Get notified: After spending, receive a push notification in the MoneyLion app indicating you’re eligible for a shake—up to 5 shakes per month on qualifying purchases.
- Shake your phone: Literally shake your device to reveal your reward. It’s quick, gamified, and works every time.
- Earn cashback: Rewards start at $0.01 and can go up to 5 times your purchase amount, capped at $500 per transaction or $120 in some cases. Basic members get 5 shakes monthly; MoneyLion WOW members enjoy unlimited shakes.
- Deposit rewards: Choose to send earnings to your RoarMoney banking account or a Managed Investing account, where they can grow automatically.
This system rewards consistent use of your RoarMoney card. For example, a $10 grocery run could net up to $50 back, while larger spends like $100 might yield $500—far surpassing standard cashback rates of 1-5%.
| Purchase Amount | Min Reward | Max Reward | Shakes per Month (Basic) |
|---|---|---|---|
| $10+ | $0.01 | $500 (or 5x amount) | 5 |
| $100 | $0.01 | $500 | 5 |
| WOW Member | $0.01 | $500 per qual. purchase | Unlimited |
Rewards are subject to terms, including member status and single-transaction eligibility. Always check the app for current caps.
What Else You Get With a RoarMoney Banking Account
Beyond Shake ‘N’ Bank, RoarMoney packs features for modern banking needs, prioritizing rewards, convenience, and security—all for a low $1 monthly fee.
Get Paid Up to 2 Days Early
Set up direct deposit to receive your paycheck up to two days sooner than traditional banks. This early access helps cover bills or seize opportunities without waiting. It’s based on electronic processing speeds versus paper checks.
Instacash: 0% APR Advances
With recurring direct deposits, access up to $1,000 in interest-free cash advances via Instacash. No credit check, no mandatory fees for standard delivery—ideal for short-term needs. Instant delivery to RoarMoney costs $3.99; to other accounts, $4.99.
No Hidden Fees and Free ATMs
Enjoy fee-free withdrawals at over 55,000 Allpoint ATMs nationwide. No monthly minimums, no overdraft fees, and out-of-network ATMs incur only $2.50 plus operator fees. Cash deposits via 90,000+ retailers may cost up to $4.95, varying by location.
- No minimum balance fees
- No foreign transaction fees (WOW members get refunds)
- $1/month account fee (waived for some members)
Investing and Growth Features
Your Shake ‘N’ Bank rewards don’t idle—they deposit into a managed investment account to compound over time. Round Ups invests spare change from purchases automatically. WOW members gain purchase protection for travel, phones, and events.
MoneyLion Pay and Spending Insights
Send/receive money instantly fee-free with MoneyLion Pay—no separate app needed. Weekly spending reports categorize habits, offering personalized insights and money hacks.
Security and Insurance
RoarMoney is FDIC-insured up to $250,000 via Pathward, N.A. (formerly MetaBank), Member FDIC. Features include multi-factor authentication, contactless payments, instant card locking, Mastercard zero liability, price protection, and extended warranties.
Add funds easily: direct deposit, debit card, external transfer, or cash at retailers.
RoarMoney Costs and Membership Options
Transparency defines RoarMoney’s fee structure:
| Feature | Cost | Notes |
|---|---|---|
| Monthly Fee | $1 | Waived for Credit Builder Plus members |
| Allpoint ATMs | Free | 55,000+ locations |
| Out-of-Network ATM | $2.50 + operator fee | N/A |
| Cash Deposit | Up to $4.95 | Retailer-dependent |
| Instacash Instant (RoarMoney) | $3.99 | Optional |
| MoneyLion WOW | $19.99/month (reimbursable via rewards) | Unlimited shakes, extra perks |
Basic access suits most; upgrade to WOW for unlimited rewards and protections.
Frequently Asked Questions (FAQs)
What is Shake ‘N’ Bank?
Shake ‘N’ Bank is RoarMoney’s cashback program where you shake your phone after $10+ purchases to earn rewards up to $500, guaranteed at least $0.01 per shake.
How many shakes do I get per month?
Basic members get 5 shakes on qualifying $10+ purchases monthly; WOW members have unlimited shakes.
Is RoarMoney FDIC-insured?
Yes, funds are FDIC-insured up to $250,000 through Pathward, N.A., Member FDIC.
Are there any fees with RoarMoney?
Just $1/month, no minimums, free Allpoint ATMs. Other fees are minimal and disclosed.
Can I get my paycheck early?
Yes, up to 2 days early with direct deposit.
What cards can I use for shakes?
MoneyLion Debit Mastercard or RoarMoney virtual card.
Does WOW membership pay for itself?
Yes, via loyalty rewards that can reimburse the $19.99 fee.
RoarMoney redefines banking by blending fun rewards with practical tools. Sign up via the MoneyLion app: create an account, set goals, add funds, activate your virtual card, and customize your physical one. Start shaking for savings today.
References
- Explore Cash Rewards Offers – MoneyLion — MoneyLion. 2026 (accessed). https://www.moneylion.com/cash-rewards
- RoarMoney Will Pay You Just for Doing This One Weird Thing — The Penny Hoarder. 2026 (accessed). https://www.thepennyhoarder.com/bank-accounts/roar-money-shake/
- Swipe your card. Shake your phone. Win every time | MoneyLion — MoneyLion (YouTube). 2020-12-14. https://www.youtube.com/watch?v=ZlWuWn4JMNA
- What Is MoneyLion? What You Need to Know in 2026 — LendEDU. 2026. https://lendedu.com/blog/what-is-moneylion/
- RoarMoney: Mobile Banking Made Easy — MoneyLion. 2026 (accessed). https://www.moneylion.com/checking-accounts/roarmoney
- MoneyLion Review: Pros, Cons, And Alternatives — The College Investor. 2026 (accessed). https://thecollegeinvestor.com/32099/moneylion-review/
This article is general information, not personal financial advice. Consider your own situation, or speak with a licensed adviser, before acting on it.
