One of the most frequently requested platforms that we have never talked about here on the
channel is OnJuno who's had some awesome checking account products for a while
and is now taking the crypto-banking space by storm which you all know I'm a huge fan of.
So today let's break down everything that OnJuno currently has to offer
including the ability to get paid in crypto. Alright, let’s jump right into it!
What is going on everyone I hope you are all having a fantastic day. So like I said, you
have all been asking for an OnJuno review for a very long time so when the opportunity came about
for me to partner with them, I knew it would be a great fit so yes this video is made in affiliation
with OnJuno however they are not telling me what to say and as always this is an open and honest
review as you have all come to expect. So if you do wanna sign up for OnJuno and help my channel
then I will leave my link down below but if not no worries I just appreciate you being here.
Alright so there's kind of two halves to OnJuno’s products right now which would be their standard
checking account products that they've had for a long time and then the newer crypto products and
in today's video we're going to look at both of those things but let's start off with the standard
checking accounts. On the checking side of things they currently have two different options
which would be their basic account and their metal account which as you may have guessed comes with a
metal debit card which I don't think I've ever heard of before and you all know I am a sucker
for a metal card. The basic checking account is $0.00 per month also known as free and really has
everything that you need to get started with using this platform. Obviously, you're going to get your
physical debit card if you need to make in-person purchases but you're also going to have a virtual
card which we've talked about before, and this gives you an added layer of security when making
purchases online. You also get 5% cash back on up to $500 of spending each year which is a pretty
low spending limit but keep in mind that this is a debit card on a checking account so that the fact
that it offers any kind of cash back is pretty rare and unique. And currently you will earn 10%
cashback instead of the regular 5% cashback on the 5 brands of your choice on purchases made in
USDC and you can quickly toggle between USD and USDC in the "Cards" tab within the OnJuno
app. You also have access to 85,000 allpoint AND moneypass ATMs which is a solid combination that
we rarely see with fintech companies plus they also give you one free withdrawal per month at an
off-network ATM which depending on how frequently you have to withdraw cash,
you are number one almost always going to have one of those 85,000 free ATMs near you but if not,
at least you still get one free withdrawal each month with the basic account. And lastly perhaps
my favorite part of the OnJuno account, you're currently going to earn 1.2% on balance is up to
$5000 which at the moment is one of the highest interest rates on a checking account but the
metal checking account only takes these things to the next level. Now many of you may be expecting
the metal account to have some huge monthly fee or some cost associated with it so you will be
surprised to learn that the metal checking account is actually free as long as you receive qualifying
direct deposits of $250 or more per month. So if you have a standard W2 source of income
then setting up direct deposit is really easy and once you hit that $250 threshold you're now going
to get the metal checking which again comes with a metal debit card which is pretty awesome and takes
all of the features of OnJuno to the next level. For starters you can now earn 5% cash back on up
to $6000 of purchases each year instead of just $500 with the basic account, you have access to
the same network of 85,000 free to use ATM's but you get THREE free withdrawals on off-network ATMs
each month, and you're going to earn that 1.2% on your balances up to $50,000 which I think for most
of us is probably going to cover us for a good while. Now as we’ve become accustomed to with a
lot of these fintech companies, OnJuno is backed by a partner bank which is Evolve bank, and trust
meaning that all of the money in your account is fully FDIC insured up to $250,000. They've
also got a ton of fantastic financial resources that can help jumpstart your financial progress,
really great customer service that lets you talk to an actual person which is really important in
my book, and no foreign transaction fees with one of the fastest and most affordable ways to
send international transfers if you need to for whatever reason beating out platforms like PayPal,
Chase, and several others. Okay so that's the standard checking side of things but
like I said they've recently launched some newer crypto-banking tools that are really unique that
I personally think have a lot of potential going forward. So essentially these products allow you
to manage your cash and cryptocurrencies under one platform. Plus on top of that, you can earn
6% annually on your digital dollars like USD coin and even get your paycheck paid to you in crypto
by setting up direct deposit and receiving part of that paycheck in the form of your favorite
cryptocurrency. They make it super easy to sign in with your payroll provider and decide exactly
how you'd like to receive your paycheck so if you are really into cryptocurrencies and make regular
investments in this newer asset anyways then this could be a fantastic way to expedite that process
and really buy into the entire system of decentralized finance. Right now you can
even buy and sell some of the most popular cryptocurrencies like bitcoin, ethereum,
polygon USDC, AVAX and even USDC with no fees plus when it comes time to cash out your crypto
OnJuno is one of the fastest platforms with instant availability into your checking account
well similar platforms use lengthy outdated ACH transfers that can take days to actually go
through. And again this is a really big deal in my opinion because if we are truly going to see
the widespread adoption of crypto then it has to be easily accessible just like our current
monetary system meaning having the ability to go from cash to crypto and vice versa at a rapid pace
brings us one step closer to actually implementing this technology in our everyday lives. And again
your cash balances are FDIC insured, a majority of your cryptos are held in cold storage using BitGo,
plus you get zero liability protection with MasterCard so even though this is a very
forward-thinking product that can oftentimes feel somewhat unfamiliar, OnJuno has got you covered
from start to finish. The app itself is a fairly simplistic design and while they have recently
added some newer products, it still isn't anything overwhelming or confusing and considering you can
apply for this account in a matter of minutes and get started, it seems like the vibe across the
board is to make these unique products accessible and easy to understand for pretty much anyone.
So OnJuno already had a really great product in my opinion and again that 1.2% earnings rate on
your checking account is pretty unmatched even with a $50,000 limit and while 1.2% might not
sound like a whole lot, earning something on your savings and emergency funds is not a bad
thing and you might be surprised that over a long period of time, just a small difference in your
savings and checking rates can add up really fast. But now that OnJuno is starting to create some
really unique financial tools focused on crypto, it's kind of taking this platform as a whole to
a new level because there are very few companies that are currently offering products that blend
the world of traditional finance and crypto and again the collision of those two worlds
is so important because that is ultimately what we'll allow cryptocurrency to be widely adopted
in usable forms throughout our everyday lives. I know we moved through all of this pretty quickly
but I would love to know what you think of OnJuno down in the comment section below
and again if you do want to sign up and give it a shot then I will leave a link in the description
where you can do so and you'll also help support my channel which I seriously appreciate so much.
as always if you do get value out of this content and you want to help support me the easiest way to
do that is again by checking out OnJuno, showing their platform some love and let me know what
you think of it down in the comment section. Be sure to hit the like button and subscribe
to the channel for more content like this in the future and of course thank you so much for
your time I seriously do appreciate it so much. Take it easy and I'll see you in the next one!