Okay, several thoughts here...
1. Most importantly...doneby's link is a referral that gives him some Beam cred if you sign up. Same with mine below (I signed up so you're welcome doneby).
2. I'll go ahead and state this again in case it isn't clear in the OP. Beam is not live yet. Basically they're just trying to get the word out before it's launched. Speaking of which, I couldn't confirm the launch date as the end of this month, OP? Where did you see that, in their blog somewhere?
3. I've been looking for something like this. I'm new to FIRE and MMM and have been looking for an account to park my savings to actually earn interest $ for my FU account.
4. I like the Beam site in terms of its style and simplicity as well as their purpose. It could be bs, but oh well.
5. I know next to nothing about banking and accounts and interests as I'm very new to FIRE/MMM. I read everything on the home page trying to find some kind of catch or fine print that would reveal some shady intentions, but I wasn't able to find anything like that. Maybe some more senior mustachians can help me out here? My "too good to be true" alarm is sounding off, but maybe it is for real. Also the fact that you "move up in line" if you get referrals is shady to me. Reminds me of Mars One, where you had better chances of being picked to be an astronaut (moving ahead through the various stages) if you had a bazillion followers or donated a lot to the business.
Doneby, I went ahead and signed up. Interest % that high is enough to make me drink the kool-aid and look out for future developments.
That being said...of course I'm going to leave my referral link. Maybe this can be like some of those other threads where we make a chain of referrals so everyone can join in the fun. I'm guessing that the other users here aren't fans of this though...judging by the fact that I'm the first to reply. Let's bump this and see what happens...
My referral link:
meetbeam.com/?r=CASH-B1-UTwY6KM