In the rapidly growing fintech sector in Nigeria, FairMoney stands out as a leading digital bank offering a slew of financial services ranging from personal loans and bill payments to an investment platform and high-interest savings accounts. One of the most exciting features that FairMoney offers is its referral program, which can be a lucrative opportunity for users to earn extra income. As of 2024, FairMoney has updated its referral scheme, now offering over N4000 per successful sign-up. Here’s everything you need to know about the FairMoney referral program and how you can benefit from it.
What’s The FairMoney Referral Program?
The FairMoney referral program is designed to reward existing users for bringing new customers to its platform. This not only helps expand FairMoney’s customer base but also allows users to earn a referral bonus.
How to Get Started with FairMoney Referral Code?
- Download the App: First, download the FairMoney app from Google Play Store or Apple App Store.
- Register/Sign-in: If you’re new to FairMoney, you’ll need to complete a registration form. Existing users can simply log in.
- Get Your Referral Code: Navigate to the ‘Earn Rewards’ or similar section in the app to find your unique referral code or link.
- Share Your Code: Share this code with friends, family, and through your social networks.
- Earn Bonuses: When someone signs up using your referral code and completes the qualifying actions, you’ll receive a credit of N4000+ to your FairMoney account.
Benefits of the FairMoney Referral Program
- Financial Reward: Each successful referral brings in over N4000, a significant incentive.
- Ease of Use: The app is user-friendly, making the process of sharing your code straightforward.
- No Cap on Referrals: You can invite as many people as you like – there is no upper limit to how much you can earn.
- Immediate Rewards: Bonuses are typically credited to your account soon after the referred user meets the criteria.
Key Features of FairMoney
Beyond the referral program, FairMoney offers a variety of features that make it appealing to a broad spectrum of users:
- Instant Loans: Users can apply for personal loans and receive them instantly in their FairMoney wallet.
- Savings Options: High-interest rates on savings accounts.
- No Hidden Fees: Transparent pricing on all services.
- Bill Payments: Convenience of paying bills directly from the app.
Tips for Maximizing Your Earnings
- Target the Right Audience: Focus on people who would genuinely benefit from using FairMoney.
- Explain the Benefits: When sharing your code, explain what FairMoney is and how it can be beneficial.
- Use Social Media: Leverage social media platforms to share your referral code widely.
- Follow Up: Remind your referrals to complete their sign-up and any other necessary steps to qualify for the bonus.
FAQs
How long does it take to receive the referral bonus?
- The referral bonus is typically credited to your account within 1-2 days after the referred user fulfills all the necessary conditions.
Is there a limit to how much I can earn through referrals?
- No, FairMoney does not currently impose a limit on the amount you can earn through referrals.
Can I use the referral bonus to pay for services on the app?
- Yes, you can use your referral bonus to apply for loans, make investments, save, or pay bills on the FairMoney app.
What should I do if my referral bonus is not credited?
- Ensure that the referred user has completed all required actions. If the bonus is still missing, contact FairMoney customer support for assistance.
Are there any specific conditions that my referrals need to fulfill for me to earn the bonus?
- Yes, typically the referred user must sign up using your referral code and perform certain activities such as making a transaction or applying for a loan.
Conclusion
The FairMoney referral program offers an excellent opportunity to earn extra money while promoting a service that provides real value. With straightforward processes and significant rewards, it’s a win-win for both users and the company