Monzo’s referral program is a fantastic opportunity to earn rewards in 2024. By using our Monzo referral link, you can get $20 right away. It’s simple and quick.
Share your unique Monzo referral link with friends and family. When they join Monzo and make their first card payment, you both get $20. The process is straightforward: your friend needs to accept the invite, sign up for a Monzo account, and make a card payment within 30 days. This way, you both earn rewards easily.
This is a great way to introduce people to Monzo while earning extra cash. Monzo offers features like fee-free UK bank transfers, savings pots, and instant notifications. Your money is protected up to £85,000 by the FSCS. Plus, you and your friends get to enjoy these benefits while earning rewards. So, don’t wait. Share your Monzo referral link now and start earning.
In this article, you will learn about how to leverage the Monzo referral link to earn $20 for signing up and $20 for each successful referral in 2024. Find out how to share your unique link in a few simple steps.
What is Monzo Referral Program?
The Monzo Referral Program is a great way for you to share the benefits of Monzo with your friends while earning rewards for yourself.
By inviting friends by using our Monzo Referral link, you both get $20 when they sign up and make a card payment within 30 days. This program not only encourages people to experience the unique features of Monzo but also rewards existing users for spreading the word.
Key Features:
- Reward for Both: Both you and your friend receive £5 or $20.
- Easy to Share: Share your unique referral link easily.
- Quick Process: Friends need to sign up and make a card payment within 30 days to qualify.
- Exclusive Offers: Some users may receive increased rewards, like $30 per referral, for limited periods.
How to Use Monzo Referral Link Right Now
Using the Monzo referral link is straightforward. Follow these steps to ensure you and your friends get the maximum benefits.
Steps to Use the Monzo Referral Link:
- Get Your Unique Link:
- Open the Monzo app.
- Tap on the gift icon at the top of your home screen to get your referral link.
- Share the Link:
- Share the link with friends who don’t have a Monzo account.
- Your friends click the link and enter their mobile number to accept your invitation.
- Follow Up:
- Ensure your friends download the Monzo app and apply for an account.
- They should add money using an eligible funding method.
- They need to activate their Monzo card and make a purchase.
Step-by-Step Guide on How to Use and Share the Monzo Referral Link
Here’s a detailed step-by-step guide to help you use and share your Monzo referral link effectively:
Step-by-Step Instructions:
- Click the Button: Click the button in your Monzo app to get your unique referral link.
- Share the Link: Share your referral link with friends via social media, email, or text message.
- Friend Accepts the Invite: Your friend accepts the invite and applies for a Monzo account within 30 days.
- First Card Payment: Your friend makes their first card payment within 30 days.
- Receive Rewards: Both of you receive £5 in your Monzo accounts within 7 business days.
Tips for Sharing:
- Use social media platforms to reach more friends.
- Explain the benefits of Monzo to encourage sign-ups.
- Follow up with friends to ensure they complete the steps.
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Get $20 Sign Up Bonus
New users can earn a $20 bonus by signing up using a Monzo referral link. This bonus is an incentive for trying out Monzo’s banking services.
- Register your mobile phone number via this Monzo $20 Referral Bonus Link to get started.
- Use the same phone number that you registered with for the referral bonus when you download the Monzo App (iOS or Android) and create your free account.
- Add at least $10 to your Monzo account via an ACH bank transfer, employer direct deposit, or debit card top-up (from another bank’s debit card or using P2P apps like Venmo, Cash App, PayPal, or Zelle).
- Spend at least $10 on your Monzo card at any online merchants or in-store retail merchants within 14 days of account sign-up (a virtual Monzo card is available for activation and use immediately).
- Earn a $20 cash bonus deposited into your Monzo account within 7 business days after you complete the qualifying purchase.
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Monzo Referral Bonus: Earn $20 Per Referral
Each time someone signs up using your Monzo referral link, you’ll earn $20. This bonus makes sharing your link an easy way to earn extra money.
How to Earn the Bonus:
- Get Your Referral Link: Available in the Monzo app.
- Share the Link: Send it to friends and family.
- Friends Sign Up: They apply for a Monzo account.
- Make a Purchase: They need to make a card payment.
- Earn $20: Both you and your friend receive the bonus.
Additional Details:
- Bonuses are added within 7 business days.
- Some users may be eligible for exclusive higher bonuses.
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How to Send Monzo Referral
Sending your Monzo referral link is easy. Here’s how to do it effectively:
Steps to Send a Referral:
- Open the App: Launch your Monzo app.
- Find the Referral Link: Tap the gift icon on the home screen.
- Copy and Share: Copy your unique referral link and share it with friends.
- Guide Your Friends: Help them with the sign-up process if needed.
Tips for Effective Referrals:
- Explain the benefits of Monzo to potential referees.
- Use multiple channels like social media, email, and direct messages.
- Follow up to ensure they complete the required steps.
Maximizing Your Monzo Referral Rewards
To get the most out of Monzo’s referral program, follow these tips:
Tips for Maximizing Rewards:
- Share Widely: Use all available platforms to share your Monzo referral link.
- Personalize Your Message: Explain why you love Monzo and how it benefits users.
- Follow Up: Check in with friends to ensure they complete the sign-up process.
- Exclusive Offers: Keep an eye on the app for any exclusive offers that might increase your rewards.
Benefits of Maximizing Rewards:
- More referrals mean more bonuses.
- Help friends discover a great banking service.
- Take advantage of occasional exclusive higher bonuses.
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Benefits of Using Monzo Referral Link
There are numerous benefits to using and sharing your Monzo referral link.
Key Benefits:
- Earn Rewards: Both you and your friends get financial rewards.
- Easy Process: Simple and quick steps to share and sign up.
- Exclusive Offers: Potential for higher rewards during special promotions.
- Enhanced Banking Experience: Friends get to enjoy Monzo’s unique banking features.
Detailed Benefits:
- Financial Incentives: Earn money for each successful referral.
- User-Friendly: The referral process is easy to understand and execute.
- Secure Banking: Monzo offers protection for your deposits.
- Innovative Features: Access to Monzo’s advanced banking tools and 24/7 support.
Eligibility and Terms for the Referral Bonuses
Understanding the eligibility criteria and terms for the Monzo referral link is crucial to maximizing your rewards.
Eligibility Criteria:
- Must have a Monzo account.
- Referral must be to someone who doesn’t have a Monzo account.
- Referred friends must complete the sign-up and spending requirements.
Terms and Conditions:
- Time Limit: Referred friends must sign up and make a card payment within 30 days.
- Qualified Methods: Only certain funding and spending methods qualify.
- Reward Credit: Bonuses are credited within 7 business days.
Qualified Funding Methods:
- ACH bank transfers
- Direct deposit from an employer
- Debit card top-ups from other banks
Non-Qualified Methods:
- Monzo instant transfers
- Wire transfers
- Cash deposits
Conclusion
Using the Monzo referral link is a fantastic way to earn bonuses and introduce others to a top-notch banking service. By following the steps and tips outlined above, you can maximize your rewards and help others experience the advantages of Monzo.
The program is straightforward, with clear steps and requirements, making it easy for both you and your friends to benefit. Don’t wait—use your Monzo referral link right now to start earning.
FAQs
How to Get Monzo Referral Link?
Log in to Monzo: Open your app and go to the referrals section.
Copy the link: Find and copy your unique Monzo referral link.
How to Get Free £5 on Monzo?
Use a referral link: Sign up using a Monzo referral link to receive a bonus.
Meet the requirements: Ensure you complete any required steps.
How Can I Get a Referral Link?
Sign up for Monzo: Create an account if you don’t have one.
Find your link: Access your unique Monzo referral link in the app.
How Do I Send a Monzo Link to a Friend?
To send a Monzo referral link to a friend:
Open the Monzo app and log in.
Go to the ‘Invite Friends’ or ‘Referrals’ section.
Copy your unique referral link.
Share the link via social media, email, text, or messaging apps.