Friday 19 October 2018

Finance Fridays – Referral schemes

We were looking at the dangers of student money laundering for last week's Finance Fridays. This week we are talking about how to earn some legitimate money by encouraging your friends and family to spend money.

Many companies now try to drum up new business by asking their loyal customers to refer their friends and families to them. As an incentive the referrer and the person who is referred are given some sort of reward. This can be a straight cash payment, discount codes or money off vouchers for further purchases.

Remember as well there's no need to be wait to be asked to be referred. If you are thinking of doing business with a company who runs a referral scheme ask your friends and family if they are current customers so they can refer you. It will probably be to advantage to both of you!

Here are some of the current referral schemes available at the moment. Please note these are direct links to the companies' websites and I don't make any money from them.

BT mobile - £25 Amazon voucher for existing and new customer.

Bulb – The energy will pay £50 to the existing and new customer. It will be credited to your Bulb account but if you are in credit it will be sent to your bank account instead.

economy energy - £20 Love2Shop voucher for each new customer you refer up to a maximum of 10 referrals.

L.K. Bennett - £50 off a friend and 20% off next order over £200 for you.

Nationwide - £100 each for you and a friend when they switch their current account to Nationwide. You can refer up to five friends a year.

Ocado – Money off voucher next shop. Minimum spend applies.

Ovo Energy - £25 e-voucher for either Amazon, John Lewis or Marks and Spencer for the existing and new customer.

Pretty Little Thing – 20% off next order for existing and new customer.

Sky TV – £100 Majestic Wine gift card for the existing and new customer.

Three mobile - £25 Amazon voucher for existing and new customer.

Utilita Energy - £20 of energy for existing customer and £20 Amazon voucher for new customer.

Virgin Media - £50 off your bill for existing and new customer.

Please note this offers are correcting at time of writing and can be changed or withdrawn by the companies at any time. Check the terms and conditions for full details of the incentives available.

If you want to join in with this week's Finance Fridays then add your link to the linky below. Any post concerning financial matters is allowed. Full details here. It doesn't have to be published today as you have until 23.55 on Tuesday 23rd October 2018 to join in.

Finance Fridays

If you use Twitter, Facebook, Instagram or Google+ please tag me and I will retweet, Like, Share or +1 as appropriate. You can find me here:

Twitter:@jibberjabberuk- please use the hashtag #FinanceFridays
Facebook: Jibberjabberuk
Google+:Jibber JabberUK

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