Swagbucks Bank Deposit Reward Adam May 05, 2023 20:49 Updated Choose Swagbucks Bank Deposit and get money sent to your bank account! Once processed, you’ll receive a text link to your phone to select your preferred banking destination. When the funds are deposited ( takes 1-2 business days), you can use the money for whatever you like or save it for a rainy day. It’s easy, secure, and no fees. Q: What is Swagbucks Bank Deposit (SBD)? A: SBD uses a secure financial technology through a 3rd party company (Plaid) that provides a means for you to redeem your SB and deposit the equivalent cash into your personal bank account. Q: What happens after I redeem my SB? A: You will receive an email from Swagbucks once we process your order and then a SMS /Text to the phone number you have on file with Swagbucks. The SMS will include a link that will ask you which Bank Account you’d like us to send your $25. The Bank Account information you enter is 100% secure and not stored by Swagbucks. Q: How long does it take? A: It takes less than 30 seconds to choose your bank account, but then it will take 1-2 business days for the money to be deposited into your account. This is the standard ACH time frame that all banks must comply with. Q: What types of accounts can I connect using Swagbucks Bank Deposit (SBD)? A: SBD supports a variety of account types, including checking, savings, credit cards, and investment accounts. Q: Which banks and financial institutions does Swagbucks Bank Deposit (SBD) work with? A: SBD works with thousands of banks and financial institutions across the United States, including major national banks and regional banks. Some of the banks and financial institutions include: Bank of America Chase Wells Fargo Citibank Capital One US Bank Ally Bank American Express Discover Fidelity TD Bank Navy Federal Credit Union PNC Bank SunTrust Bank Regions Bank And thousands more. You can also deposit into Investment Brokerage Accounts that include, but not limited to: Robinhood Coinbase Betterment Wealthfront E*TRADE TD Ameritrade Charles Schwab Fidelity Vanguard Merrill Edge Ally Invest Interactive Brokers Firstrade Webull Q: Are there any additional fees with Swagbucks Bank Deposit (SBD)? A: No, if you redeem 2500 SB, you will get $25 deposited into your Bank Account. No hidden fees. Related articles Connect your PayPal Account to Redeem for Cash How Do I Redeem SB for Paypal? How do I Verify and Redeem for PayPal Swagbucks Member Recognition Program Details How do I verify my PayPal Reward? Comments 0 comments Please sign in to leave a comment.