Fierce Finance Cash Account: 4.00% APY and a $20 Bonus for Stock & Crypto Traders

If you're looking for a place to stash your cash that actually pays you back, Fierce Finance might be worth a look. They're offering a Cash Account with a competitive 4.00% APY, and they sweeten the deal with a $20 bonus for dipping your toes into stock or crypto trading. No fees, no minimums, and it's available nationwide. Let's break down what you need to know.

What's the Fierce Cash Account All About?

Fierce Finance positions itself as a financial super app — think of it as a one-stop shop where you can manage cash, stocks, and crypto all in one place. The Cash Account is the core of that experience, offering a solid 4.00% APY on every dollar you deposit. No need to jump through hoops or maintain a certain balance.

The rate did drop a bit from 4.25% back in September 2025, but 4.00% is still well above what most traditional banks offer. And since it's variable, keep an eye on it — rates can change with the market.

• No minimum opening deposit
• No monthly maintenance fees
• No minimum balance requirements
• Free debit card with access to over 55,000 fee-free ATMs
• FDIC-insured up to $250,000

How to Snag That $20 Bonus

Fierce is also dangling a $20 bonus to encourage you to try out their trading features. It's actually two separate $10 bonuses: one for buying at least $10 in stocks, and another for buying at least $10 in crypto. So if you do both, you get the full $20.

But there are a few strings. You need to place those orders between when you receive the offer and December 31, 2024. The funds (or the value of the securities) must stay in your account for at least 30 days. And you have to keep the account open for 90 days after qualifying. The bonus will be credited to your Cash Account the month after you meet the requirements. Oh, and it's taxable — you'll get a 1099-INT.

One thing to note: this bonus is limited to one per customer per rolling 12-month period, so you can't just churn it repeatedly.

• $10 bonus for stock purchase of $10 or more
• $10 bonus for crypto purchase of $10 or more
• Must be a new customer (no prior stock/crypto purchases on Fierce)
• Orders must be placed by December 31, 2024
• Funds must remain for 30 days; account open for 90 days
• Bonus credited to Cash Account the following month

What About ACH Transfers?

Here's where things get a little fuzzy. Fierce hasn't clearly disclosed their ACH limits for push and pull transfers. That's a bit of a red flag if you're planning to move large sums of money regularly. Some folks recommend using a more established bank like SoFi or CIT Bank as your central hub for transfers, then funneling money to Fierce for the high yield. It's an extra step, but it might save you headaches.

If you're just parking a few thousand dollars, the lack of clear limits probably won't matter. But for bigger moves, proceed with caution.

How to Get Started

Opening an account is pretty straightforward. You'll need to be a U.S. resident, at least 18, with a valid Social Security number. The application is online — just provide your basic info, verify your identity with a government-issued ID, and link an external bank account to fund your new Cash Account. No minimum deposit required, so you can start with whatever you're comfortable with.

Bottom Line

• 4.00% APY with no fees or minimums — great for an emergency fund or short-term savings.
• The $20 bonus is easy to earn if you're already planning to trade stocks or crypto.
• ACH limits are unclear, so consider using a different bank for large transfers.
• Rate is variable and has dropped before — don't expect it to stay at 4.00% forever.

Common Questions