Catch has ceased operations, and all Catch accounts will be closed on April 6, 2023.
Catch.co is a free service that helps you create your own personal financial safety net, where you can set aside funds for unexpected time off from work, tax withholding, retirement, health insurance and more.
To get a $25 bonus when you save $100 with Catch, join Catch.co using Referral Code MAXMONEY and create a “Time Off” goal to start saving.
If you want to build a personal financial safety net, try the free Catch service to save money toward your future expenses.
How Catch.co Works
Catch.co is a personal benefits platform that helps independent workers manage your tax withholding, time off, retirement, health insurance, health expenses, family leave, and more.
After you sign up for Catch, you simply link your bank account and create a savings plan for the benefits you need most, like time off or healthcare.
Once you link your bank account, Catch will automatically track each paycheck or payment that you receive in your account.
Each time you get paid, Catch will set aside a percentage of every paycheck for the benefits that you have chosen.
For example, you could set aside 4% of each paycheck for time off, 8% for health expenses, 5% for retirement, and 6% for vacation.
Regardless of how much or often you are paid, Catch will track each paycheck and move your money automatically.
You can choose how much to set aside and for which goals, and you can change your Catch savings plan at any time.
In addition, you can pause your savings or withdraw your funds from Catch at any time without penalty.
Catch does not charge any monthly fees, and it’s free to set aside money for time off, tax withholding, family leave, or other savings.
However, if you decide to invest money for retirement, you would pay a 0.05% per year management fee on your invested funds.
If you need health insurance, you can apply through Catch as well and enroll directly in your choice of plans through Healthcare.gov.
Whether you need to build a safety net for college, a new baby, a family vacation, or anything else, Catch can help you manage your future expenses.
Earn $25 Cash Bonus from Catch.co
1. Register for Catch.co using Referral Code MAXMONEY during sign-up (must use code to qualify).
2. Once you open a free Catch account, you must link your bank account to save and withdraw funds.
3. To set up automatic savings, you must Create Your Plan and choose your savings goals.
4. In order to receive payment of the $25 bonus, you will need to set up a “Time Off” goal, so add that to your savings plan first.
5. You can set the amount of savings for your “Time Off” plan as you see fit by adjusting your percentages (this can be changed or paused at any time).
6. Once you complete setting up your “Time Off” goal, you must save your first $100 with Catch to qualify for the $25 bonus.
7. Once you save your first $100 or more with Catch, the $25 bonus will be deposited into your “Time Off” plan.
Please note that the amount you save from each paycheck is based on the percentage you choose. If you choose 5% on a $100 paycheck, you will save $5 into Catch. If you choose 10% on a $1,000 paycheck, you will save $100 into Catch.
Catch.co Features and Benefits
- Time Off: Set aside a portion of each paycheck for vacation, sick days, or gaps in your work.
- Tax Withholding: Create a Catch Tax Plan to estimate your tax obligations and contribute a set percentage from each paycheck to your tax withholdings.
- Retirement: Use Catch to set up an IRA and manage your retirement investments.
- Health Insurance: Get individual health insurance coverage with Catch that is sold through Healthcare.gov.
- Autopilot: Create paycheck rules to indicate whether certain deposits are always income (e.g., Doordash, PayPal, Square, Gusto, etc.) or never income (e.g., ATM Deposit, Transfer, Refund Transaction, etc.).
- Always Income: Automatically move money to Catch every time you’re paid by select sources.
- Never Income: Filter out and ignore bank deposits received from any given payment source.
- Custom Contributions: Withhold funds as soon as you’re paid, or enable transfer delays to edit contributions before your money is moved.
Catch.co Referrals – Get Your CatchPhrase
Through the Catch Refer-A-Friend Program, you can earn exclusive CatchPhrase swag.
Your CatchPhrase is any saying that represents what you stand for, whatever that may be.
When you refer your friends to Catch, you will be eligible for different types of swag.
Types of swag include stickers, t-shirts, mugs and more, depending on the number of people you successfully refer.
A successful referral occurs when a new user signs up and creates a Catch account for the first time.
Create your own personal financial safety net with Catch and earn a $25 bonus to start saving with your new Catch.co account.
You may also try other automatic savings services like Qapital if you are looking for more ways to save for your financial future.
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Review these top financial promotions to earn extra sign-up bonuses for opening new accounts from various financial services.
Pete says
How long does it take for the bonus to be deposited? I’ve had the $100 clear and haven’t seen the bonus yet.
Melissa says
The referral is now $10. The auto transfer saving is quite helpful. Appreciated it if you use my referral: CHI137
Yuliya says
I am going to sign up for this now using your MAXMONEY referral code. Thank you for posting about this deal!
AndreRamirez says
Just got my $25. Seems that they are now offering $10 per referral. They are not strict at all about what counts as “income”, making this a pretty easy bonus.
Catch has no idea what your actual income is, so they auto-detect every deposit to your bank and ask you which deposits they should count as income, and what % of that “income” they should auto-save on their app for that month.
However, you can define ANY detected deposit as “income” manually in the platform and it will withdraw funds according to the % of income withdrawal rule you set. For example, you can deposit $10 into your bank account from somewhere else, set the app to withdraw 1000% of your next “paycheck” (for example, if you set a “save for planned time off” goal, you can say you wanna save for a ton of days off until it says it will save 1000% per paycheck”, mark that $10 as a “paycheck” in the platform, and the app will automatically take out the $100 right there and you will get your bonus.
You can then immediately change the rule to minimum 1% of “income”, withdraw your bonus, and close your account fee free!
referral link- https://app.catch.co/?r=AMA323
MM Team says
Thank you for posting all of that information. The $25 bonus is exclusive to Maximizing Money and not available through their regular referral program, which from what you are saying, is now offering $10 each. I’ll update the details of the new referral offer within the above article shortly. Thanks again.
Vikas says
Does Catch creates a Bank account? I am signing up but it is asking for SSN ?
MM Team says
Hello Vikas,
This is from the Catch FAQs: “Your Catch account is linked to a bank account, through BBVA, to keep your funds safe.”
Thank you for commenting and best of luck.