IT PAYS TO SHARE WITH FRIENDS
Sharing really is caring when it comes to referral schemes. We’ve found that taking advantage of sharing just a couple of ‘refer a friend’ links or codes could save you (and usually them too) a good few pounds.
Lots more companies use referrals than you may realise, usually because it’s a smart way to spend their marketing budget – people are more likely to start using a product or service if someone they trust recommends it; so if businesses pay happy customers to tell all their friends, it’s a win-win.
From experience, the biggest wins are on utilities and other essential bills – although some providers turn their referral rewards on and off, we’ve heard lots of success stories for energy provider schemes – some offering up to £50 credit! So keep an eye out and get those referral bonuses rolling wherever you can; you could even share your referral links on social media, you never know who might snap them up.
”Make the most of refer a friend schemes - you could make some quick wins and spread the word about great products.
LetaFinancial Adviser, OnestopSave
UTILITY, TV & MOBILE PROVIDERS OFFERING BIG REWARDS
Check whether any of your utility suppliers offer a bonus or money off for introducing new customers, here are a few offering decent rewards
£50 from Octopus
Octopus offers £50 credit for you and a friend when you join and share your unique link and they make the switch
£50 from Utility Warehouse
Utility Warehouse offers a referral bonus of £50 credit each when you refer a friend. Note that from a check of the T&Cs, this one is for homeowners only. You can also take it one step further and become a partner (for a small fee) which means that every time you introduce a new customer to Utility Warehouse and help them complete their switch, you’ll earn up to £250
MORE REWARDING MONEY MANAGEMENT
Most of us aren’t getting much from our bank these days, but aside from the potential switching bonuses, there are a few providers paying for referrals.
£5 from Monzo
Share your Monzo referral link and you’ll both get £5 when your friend signs up and makes a card payment within 30 days
£5 from WorldRemit
WorldRemit offers £5 for you and £5 for your friend. Once they’ve signed up and sent £50 or more, you’ll both receive a £5 WorldRemit voucher code.
£10 from Paypal
Paypal gives you a £10 reward when your referred friend joins and spends £5 in their first 30 days. This current offer ends on 30 Jun 2024 and any rewards earned expire 31 Oct 2024
DOUBLE UP ON REWARDS – CASHBACK SITES REWARD REFERRALS
£5 cashback from Quidco
If you shop through Quidco to get cashback on purchases, share your unique referral code with friends so that you can earn a reward once they sign up and earn at least £5 cashback
£25 from TopCashback
TopCashback is in on it too, offering up to £25 rewards when your friend earns at least £10 cashback
£1.50 from Airtime Rewards
Airtime Rewards also offers a refer a friend bonus of £1.50 (50p when they sign up and another £1 when they spend) there are also flash rewards in app that could bag you way bigger sums
£5 from KidStart
KidStart is a great one if you want to start saving for your kids – it earns you cashback which goes directly into a savings account for your child. You can earn £5 for referring a friend to KidStart
BEST OF THE REST
Some popular chains offer perks when you introduce a friend, whether it’s money off or free stuff it all adds up.
£5 credit from Treatwell
Salon booking service Treatwell offers £5 credit for you and your friend when they sign up – you’ll find loads of your local hairdressers and salons listed on here and you’ll be able to apply your voucher on your next booking. You also get personalised rewards and discounts when you sign up
£15 from Rakuten
Shopping site Rakuten offers £15 for you and a friend when they sign up and spend £20 in their first 30 days
Free starter from Pizza Express
Pizza Express will give you a free starter when you refer a friend on their app, there are also a load of in app deals, particularly for weekdays. More info here
£10 from Prezzo
Prezzo will give you a £10 voucher for every new customer you send their way, just sign up to their newsletter to get started
This information is intended for editorial purposes only and not intended as a recommendation or financial advice