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Well, due to my extreme business I never got a chance to post this, but you can still hop on the sign up bonus by the end of today. Shoot me a message and I’ll send you a referral email. It’s the easiest $25 ever! No credit check pulled. It’s a new person-to-person payment system, similar to Paypal but currently FREE. No fees to transfer money whatsoever. I’ve already used it twice to transfer rent money between me and my roommate (upwards of $700 each time), so I can vouch for its complete legitimacy.

Rather than write a full review, I’ll just quote Jonathan over at My Money Blog:

Yes, here’s yet another new financial service vying for your attention. This time it’s RevolutionMoneyExchange, which is a person-to-person payment system similar to PayPal. It’s free to send, receive, and withdraw money, but the only funding source allowed is your bank account (no credit cards). It will be interesting to see if it gains some traction (and if eBay allows them as a payment option). Currently, they are offering a $25 bonus just for signing up. Here’s mine:

However, you’ll have to submit your Social Security Number to verify your identity, so I had to do a little digging first. According to this article in American Banker, it is backed by Citi, Morgan Stanley, and Deutsche Bank AG, which participated in a $50 million venture capital round. The parent company was formed by bajillionaire Steve Case, co-founder and former CEO of AOL, and the son of the former CEO of Mastercard. Also mentioned in USA Today.

Also, there is no hard credit check done using your SSN. It says clearly at the top “This information is not used to review your credit history or to establish new credit.”

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