How to Make a Little Extra Cash Online with Monzo’s Referral Scheme
If you’ve ever thought about making money online without doing surveys, selling old clothes, or starting a side hustle that eats up all your evenings – here’s a super simple option: referring your friends and family to Monzo.
Yep, that’s right. Monzo, the UK’s favourite hot coral bank card, has a referral scheme that rewards you when someone signs up through your link. It’s not going to make you rich overnight (sorry, no early retirement here), but it’s an easy way to earn a little extra cash for things like coffee runs or takeaway nights.
How to Find and Share Your Monzo Referral Link
Monzo makes it really straightforward:
1. Open the Monzo app on your phone.
2. Find the “present shaped” icon on the top bar.
4. Tap it and you’ll get your unique referral link.
5. Share that link with friends, family, your group chat, or even online (just don’t spam people – nobody likes that!).
When your friend signs up using your link and actually starts using their new Monzo account, you both get rewarded. Simple.
How Does the Monzo Referral Work?
So you’ve got your referral link and you’ve shared it around, now what happens?
In order for you and your friend to get their bonus the new user has to complete a few steps:
- Download the Monzo app
- Apply for a personal or business account
- Add money and make a purchase (no minimum amount)
- Get FREE money
Are There Any Restrictions For Monzo’s Referral Program?
Once you have shared your link, your friend has 30 days to complete the required steps to be eligible for the bonus payment.
Once you have referred 100 people successfully they will lower your reward amounts
Why It’s Worth a Try
Quick and Easy Money – No side hustle grind, just share your link.
Everyone Wins – You get a reward, your friend gets a reward. Win-win.
Trusted Brand: Monzo is already super popular in the UK, so people aren’t sceptical about signing up.
The Downsides – (Because Nothing’s Perfect)
You’re Not Going to Get Rich: The referral reward is nice, but it’s small. Think pocket money, not paycheck.
Limited Pool: Once all your mates have signed up, you’ll run out of people to refer.
Eligibility Rules Apply: The reward only works if your friend meets the sign-up requirements (like being a new customer).
Final Thoughts
Referring friends to Monzo isn’t some life-changing income stream – but it’s a fun and easy way to pick up a little extra cash while helping your mates discover a great bank.
If you’re already a Monzo user, it’s worth checking out your referral link in the app and giving it a go. And hey, even if you only get enough for a couple of beers or a Friday night pizza, that’s still free food – all for just sending a link.
Try Monzo Today!
If you e reached this far and you think that this could be a nice wee earner then make sure to follow my link and get yourself that first joining up bonus today!
Join Monzo Today – Join Link