Are you looking for a profitable side hustle to put some cash in the bank while you’re building your authority site?
But…aren’t referral programs those apps that nickel and dime you for taking surveys?
What Is A Referral Program?
A referral program is a method for recruiters to identify talent by using their current employees' social networks.
The reward can come in the form of a fixed sum credited to your account, free hours on an app, eGift vouchers, or even prepaid debit cards.
Typically, employers institute a program in which they will pay a referral fee to current employees when they recommend potential candidates for open positions.
You’ll either earn hard cash for your referrals, or receive an Amazon gift card, or one for a major offline retailer like Walmart.
Best Referral Programs To Make Money:
Swagbucks
That’s what Swagbucks offers its users – the ability to get paid for doing mundane stuff like completing a questionnaire on survey sites.
What if you could earn gift cards and cash for doing the stuff you already do online?
If you do you’ll get 10% of whatever your referral earns, plus an additional 100 Swagbucks deposited to your account.
Like watching videos, shopping or even taking a short survey.
And they have a lot of takers – they hand out 7,000 gift cards every single day.
Which isn’t quite the same as hard cash…but it’s close.
And it’s also entirely anonymous.
You could easily use some of those gift cards to invest in cryptos, for example.
Does that sound like the kind of opportunity you’d recommend to a friend?
The more referrals you make, the more you’ll earn in gift card rewards.
10% on your referral earns
Coinbase
Coinbase is one of the better-known crypto exchanges.
Something they’ve done for their customer base since 2012…long before the Bitcoin frenzy took hold.
So they basically provide you with an easy-to-use platform to buy and sell cryptos on.
Once your referral buys or sells US$100 worth of cryptocurrency you will both receive a $10 bonus to your account within 180 days of that happening.
But you can do that with FIAT currency i.e. a credit or debit card, which makes it ideal for crypto newbies like me!
Anyways, the Coinbase referral program is a pretty straightforward deal.
You sign up for an account with them.
Then you recommend it to friends via your “refer a friend” link.
Which you can then spend on even more Bitcoin, Ethereum, Tether, Stellar Lumens, etc.
Referral fee: US$10
SoFi
SoFi started out as a way to provide better options for those needing student loans.
But the service proved to be such a success that they’ve since expanded into other financial markets.
So you can now apply for a student loan, personal loan, or even a mortgage with them.
Basically, the goal of SoFi isn’t to “punish” you for taking out a loan with them.
They instead want to help you get out of debt while learning how to better manage your finances.
SoFi Money account
Investment account
Student loan refinancing
Personal loans
If, for example, a referral opens up a SoFi money account and deposits $500 to that account, you’ll receive a $50 bonus.
But they cap the number of possible referral earnings at US$10,000 per year.
Which means they have existing “advocates” earning at least that much with their referral program.
Referral fee: $50+
Rakuten
You’re probably already familiar with this company thanks to our review of the Rakuten affiliate network.
But affiliate marketing is only part of what they do, including a streaming TV service, for example.
Rakuten is actually a massive Japanese e-commerce platform.
And with a history dating back to 1996 of helping shoppers find the best deals online.
Your visitors basically start from the Rakuten store and choose from their list of vendors.
They’ll then get money back when they make a purchase – this is paid to them by PayPal or check.
: $20
Do$H
Dosh (English slang for money) is another cash back app of the many that exist right now.
But they don’t appear to be tied to the stores you typically find on other sites.
Sure you can earn up to 40% cashback from grocery shopping,
But Dosh also covers the eating and drinking side of life.
So you can get cash back on a pizza, a box of delicious donuts, and even your next vacation.
Or even your next car or truck.
It seems that they’ve negotiated several private back deals of the 10,000 brands they work with.
Obviously, the more users they can get to download their app the better for Dosh.
And what better way to do that than offer an incentive in the form of money.
They’ll pay you US$10 for every new referral that is happy to link a valid debit or credit card to their account and receives their first rebate.
Referral fee: $10
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