OnJuno – Fintech App That Offers Checking Account + Cashback + Crypto

OnJuno is a fintech company that offers high yield checking, cashback, and crypto banking. The company is not a bank. Onjuno has partnered with Evolve Bank and Trust for banking services.

Your deposit with OnJuno is protected by FDIC insurance on amounts up to $250,000. Evolve Bank and Trust, which provides banking services for OnJuno has been around for almost 100 years.

OnJuno Review

Signing up for an account with OnJuno

  • Go to OnJuno.com and put in your email address
  • Create a password
  • Verify your email (remember to check your spam folder if you don’t see an email from OnJuno.
  • Provide basic information such as your full name, social security number, date of birth, and contact information. You will also need to provide your cell phone number (to get your verification code).
  • Electronically sign required documents

Sign up bonus

OnJuno is currently offering $50 bonus if you set up your first direct deposit. You will also get a metal card.

OnJuno Membership Tiers

OnJuno has two membership tiers – Basic and Metal. While both are free, there are some differences between them. Metal membership requires a direct deposit of at least $500 per month. There are no minimum balance requirements.

There are no fees associated with the account. The company uses AllPoint and MoneyPass for ATM withdrawals. You will have access to more than 85,000 ATMs worldwide. B The Basic plan includes one free out-of-network ATM transaction whereas the Metal membership gives you three out-of-network ATM transactions.


OnJuno offers 5% cashback at select merchants including

  • Amazon
  • Walmart
  • BestBuy
  • Netflix
  • Doordash
  • Starbucks
  • Target
  • Disney
  • Spotify
  • Airbnb
  • Uber

OnJuno Basic offers cashback on purchases up to $500 per year (that’s a max of $25 per year). OnJuno Metal membership offers cashback on up to $3,000 per year (that’s a max of $150 per year).

High Interest Checking Account

OnJuno offers a 1.2% interest rate on its checking account. For the Basic account, the interest is limited to the first $5,000 in deposit and $0.25% thereafter. If you have a Metal membership, you will get 1.2% interest on the first $50,000. Balances above $100,000 do not earn any interest.

Get your paycheck in Crypto

OnJuno allows you to get your paycheck in crytocurrencies. For example, you can get 25% of your paycheck in Bitcoin, 25% Etherum, and the rest in cash.

Cash out crypto instantly

Juno allows you to cash out cryptocurrencies instantaneously. Onjuno takes 30 seconds compared to companies such as Coinbase and Binance which take 5-7 days

International Transfers

OnJuno makes it easy for new US immigrants to get a checking account. All you need is a social security  number and your passport information.  OnJuno allows immigrants to transfer money back home at attractive exchange rates.

Integration with other apps

OnJuno connects other apps such as Venmo, Zelle, CashApp, and Coinbase. This allows you use OnJuno funds to send money to friends and also to direct your money to investments.

Company history

OnJuno is based in Bengaluru, India with offices in San Francisco and Singapore. The company was founded in 2019. It has raised $3 million in funding from well known funds such as Sequoia so far according to Crunchbase.

Bottom Line

OnJuno offers an attractive checking account with a high interest rate. You have the option to get paid in cyptocurrency. There are no fees and the application process is seamless. You can get 5% cashback from select merchants (subject to an annual cap). OnJuno also integrates with other apps such as Venmo and Zelle. So you can use the app to send money to friends and family. If you are a high spender or have high balances in your account, OnJuno’s caps on cashback and interest may not be appealing. But there is a lot to like about the features offered by OnJuno.

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