Home » Financial » $20 for Both Referrer and Referee (Was $10-$15) @ Up Bank

$20 for Both Referrer and Referee (Was $10-$15) @ Up Bank

smartialarts 12/09/2024 Financial

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Up Bank have increased their referral program to $20 each for both referrer and referee.

However, this may require activation as it is currently visible as a banner in the Hook Up A Mate section after watching your ‘Up Year 2024’ review:

Give your mates the gift of Up, and get a cool $20 each! Until 31/01/2025″

It looks like this needs to be activated by each yser as the Ozbargain referral generator still links people to the prior system of $10-15 based on the referrers years with Up:

A once off bonus payment will also be paid to invitees when they join Up and become a customer (by passing KYC) from 12:00pm AEDT 3 April 2024. In the inviter’s first year as an Upsider the standard value of this bonus payment for each invitee is $10. After 1 year as an Upsider that becomes $11 for the invitee, after 2 years it becomes $12, and so on each year that passes up to a maximum cap of $15. We’ll let you know when you hit these milestones in‑app.

Pretty straightforward method for getting your bonus cash as per simplerick:

• Step 1) Install Up Bank iOS or Up Bank Android from your app store (Do not launch app yet)
• Step 2) Click on the referral generator via your mobile to find a referral, then click on Join Up button to launch into the app
• Step 3) Continue sign up process to verify ID etc.
• Step 4) Profit

Pretty good everyday mobile bank, although interest rate for savings has fallen behind the other digital banks over the past year.

They have been constantly updating the app over the past few years and some features are completely unique to the Up ecosystem

• PayID usernames linked to Up bank
• In app chat support that is very responsive
• A visually satisfying product tree called the Tree of Up