Referral programs can be a great way to earn extra cash for recommending products and services you already use and love. Many popular apps and online services offer generous rewards when you refer your friends and family. In this article, we’ll highlight five top referral earning app that make it easy for you to increase your earnings.
1. MyFIRST Partner App
One lucrative referral opportunity is the MyFIRST Partner app by IDFC FIRST Bank. This app lets you refer people in need of personal loans. You earn money for every approved loan you prefer. MyFIRST Partner gives you your own customised referral link to share. You get paid when people click your link and take out a loan. The more loans you facilitate, the more you can profit.
2. Paytm Money
Paytm Money is a leading investment and wealth management app. Their referral program rewards you for getting friends to invest through their platform. When you refer someone to Paytm Money, and they sign up, you both get free stocks. The app also pays cash bonuses based on the total investments made by people you refer. The more your referrals invest, the bigger your bonus.
3. IIFL Securities
You can earn unlimited commissions for referring folks to open an IIFL Securities Demat account. IIFL Securities pays ₹200-500 for every approved referral. The IIFL Securities referral program has no cap on how many people you can refer. So with some promotional effort, you can maximise your referral commissions.
4. Amazon Pay
Amazon Pay lets you earn rewards for getting the word out to friends about their payment app. When you share your referral code, you get ₹150 for each successful referral. You need an Amazon Pay account yourself to access the referral program. But once signed up, sharing your code is straightforward. You can promote your referral code on social media, messaging platforms like WhatsApp, and email.
Amazon Pay also frequently offers promotional referral bonuses. Around the holiday season, for example, referral rewards often double.
5. CRED
CRED is an app tailored for credit card holders. It aims to help people manage expenditures, track rewards programs, improve credit health, and more. CRED’s referral scheme pays you ₹750 for each friend who signs up using your referral code. You need an active CRED account and a sufficient credit score to unlock referral rewards.
But if you meet the criteria, referring others to CRED is easy. You share your unique referral code either directly with contacts or by posting via social media. The more new CRED members you bring in, the more you earn.
Conclusion
Referral programs are win-win. You get paid for sharing services you love, while friends and family benefit from your recommendations. Apps like MyFIRST Partner, Paytm Money, IIFL Securities, Amazon Pay, and CRED make participating in their referral schemes simple and lucrative. So take advantage of these and other refer-and-earn opportunities to maximise your earnings.
