This is how it works. You must open a VirtualBank eMoney Market account using the referral link in an email that is sent to you by VirtualBank. You must not be an existing VirtualBank or Lydian Private Bank account holder. The offer is good for 30 days once the email is sent to you.
To get the email from VirtualBank, you must be referred to them. Each existing account holder can refer up to 50 people. I have not referred that many people so you are welcome to have me refer you to VirtualBank. Send me your first name, last name and email address where you want the referral link sent. If you open an account, we both win. We both get $20 added to our eMoney Market accounts.
I've been a client of VirtualBank for years. Its current interest rate of 4.60% APY is the highest I've found for US dollars. You'll need $100 to open an account and you will need a checking account at another bank to use for transferring funds to and from your VirtualBank account. Once your eMoney Market account is open, there is no minimum balance requirement. There are no fees.